Estimation for maintenance & capital expenditure in Montreal

[Karen Ng]

I estimated 5% property management, 10% for maintenance & 10% for capital expenditure in Montreal, Quebec, Canada area; and that would makes most deals a bad deal. I'm wondering what percentage of rents do you all estimate for maintenance and capEx for plexes that are like 40-60 years old? Do you estimate lower % for newer plexes (20-40 years old)? Would really appreciate to hear from your perspective!