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Updated over 5 years ago on . Most recent reply

Dimitri Paspalaris's profile image
Dimitri Paspalaris's profile image
Dimitri Paspalaris
  • Investor
  • from Rota, Spain
  • Member since May 18, 2019
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156
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Dimitri Paspalaris's profile image
Dimitri Paspalaris's profile image
Dimitri Paspalaris
  • Investor
  • from Rota, Spain
  • Member since May 18, 2019
Connect
Dimitri Paspalaris
  • Investor
  • Rota, Spain
68
Votes |
156
Posts
Starting Out

CAPEX % rate for a condo

Dimitri Paspalaris
  • Investor
  • Rota, Spain
Posted

I found a condo that is cash-flowing with my requirements and is 15k under the market price based on comps in the nearby area. I have set aside 8% for vacancy, 5% for repairs, 8% for capex and 10% for property management. Is 8% too high for capex since I am paying HOA fees if so what would you change it to and why? Thanks for the help.

  • Dimitri Paspalaris
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