Expense calculations - relation to CoCROI

[Scott Benson]

As a new real estate investor, I am working through the deal analysis exercise while I grow my purchase funds. Welcome some feedback on estimates for repairs and Cap Ex #'s. As a first time investor, leaning toward ~8-10% of rent for both categories to be safe and limit my stress when things do come up in the first 2-3 yrs of ownership. Or am I overestimating? I realize these estimates will play into the CoCROI which is likely to have some effect on my willingness to purse a deal. Thanks!