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Updated almost 3 years ago on . Most recent reply

Nick Holland's profile image
Nick Holland's profile image
Nick Holland
  • from Atlanta, GA
  • Member since Oct 24, 2019
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Nick Holland's profile image
Nick Holland's profile image
Nick Holland
  • from Atlanta, GA
  • Member since Oct 24, 2019
Connect
Nick Holland
  • Atlanta, GA
4
Votes |
8
Posts
Starting Out

Analyzing a 13 unit property

Nick Holland
  • Atlanta, GA
Posted

I'm doing an analysis on a 13-unit property from a land bank property in my area. The property will need a total renovation and I'm not sure how to properly calculate my CAPEX. Since big ticket items will need to be addressed in the rehab budget, how should I calculate this? I have been using 10% for CAPEX as of now but not sure if that matches this situation.

Detroit, Michigan
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