All Forum Posts by: Cristian Gomez

Tim. Thank you for clarifying the vacancy calculation.

Hi Shadonna. It is a 1BR and the $2100 rent is based on comps from the same location.

Thank you Tim for your quick response. This is my first property rental investment. I didn't have a basis for expenses in the washington DC area. I though that because the property is only 783 sf area it was enough percentages for capex. By any chance, do you know where (in the internet) I can get estimated replacement costs in the DC area? What about getting a home warranty for all these future replacements? The property is actually a condo. Thus, the condo fee cover the exterior: Common Area Maintenance, Insurance, Lawn Maintenance, Management, Reserve Funds, Sewer, Water, pool. 

How did you come up with vacancy of 1 month out of 34 months? In the meantime, I will increase vacancy to 8%.

Thank you.

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