West Allis/Milwaukee Wisconsin CapEx Estimates

[Michael Braatz]

Hello all,

My two partners and I are finally getting into looking at properties and I was hoping I could get some input from some more seasoned investors in my area regarding CapEx.

I have seen a few ways to go about estimating CapEx but I want to focus on a more property by property basis. The list from Brandon Turner for the most common items include; Roof, Water Heater, Appliances, Driveway, HVAC, Flooring, Plumbing, Windows, Paint, Cabinets/Counters, Structure, and Landscaping.

Would anyone in my area care on sharing some of their typical numbers in regards to these items(and any I may have overlooked) in terms of cost and life expectancy or any other tips?

The properties I am looking at are generally; duplex, older than 1940s, 120k or less.

Side question, If a home has all new windows and the life expectancy of windows is say 50 years and I plan on holding the property for 25 years, would you still take into account those windows?

Thanks in advance,

Mike