Analyzing Deals in Colorado Springs

[Vincent Grossi]

Hello everyone!

I've been orbiting around real estate investing for a few years and I'm finally in a place to use my primary residence home equity to buy my first long-term rental.

I intend to invest in Colorado Springs (where I live) and I'm currently analyzing small multifamily deals.  I am looking to know what you guys are budgeting in your analysis for your variable expenses; maintenance, vacancy, capex, and property management.

I'm currently analyzing at 8% vacancy, 5% capex, 5% maintenance, and 10% property management.  Do these numbers sound good or are they too low?