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Updated over 7 years ago on .

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4
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0
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Jonathan Atkins
  • Denver, CO
0
Votes |
4
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Rental Property: Vacancy/Repairs

Jonathan Atkins
  • Denver, CO
Posted

Hello all, again! Thank you for those who helped me out with the great information for my first post I will 100% be using that information to further my research. I have another question though:

When determining a rental property, I am predicting 10% of the rent for vacancy and 5% for repairs depending on the condition of the house. I feel like these numbers are really messing with my cash flow prediction because it is costing me up to $200+ between the two. I am afraid that these numbers may be too high. Are these accurate percentages to use when determining a rental property? Or should these be lower (or even higher)? Thank you all!