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Updated about 3 years ago on . Most recent reply
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Expense Breakdown for Florida.
Hello BP,
I am running my rent calculator on a property in Tampa Florida on a triplex. Total square footage of the complex is 2,500 SQFT so I figure average out the apartments 800-1,000 soft each. As of Beds and Baths It has a 2-2,2-2,and a 1-1. What I wanted t0 ask is when I am trying to calculate my expenses about how much should I plan to put in my expenses for such as water, gas, garbage? As for my other stuff I have vacancy 5%, Maintenance 10%, CapEx 10%, and management Fees 10%. I do plan in occupying the property at one point so numbers can change, But yeah my main question is what is like a typical guide or set of numbers I can count for on the expenses of water and the other ones I mentioned so I can get numbers on my report close to realistic numbers as possible.
Thankyou
Most Popular Reply
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What may be helpful is to use the bigger pockets calculator under tools it has suggested % and explanations just a starting point.