What % capex and repairs do I put for a 4 plex?

[Anastasia Frank-Bruggemann]

Hi everyone, 

I'm running the numbers on a 4 plex I'm considering buying and I wanted to know if the capex on the rental calculator is calculating a % of each unit - so if it shows 150 for repairs that's repairs for that unit or for the entire house? 

Thanks so much in advance for your insight as I get my head around this!

Warmly, 
Anastasia 

[Anastasia Frank-Bruggemann]

Hi Drew, 

Thank you so much for this answer! I'm so glad to know the Capex calculation here is for the house as a whole. And I really appreciate your suggestion to be conservative and go with 10% for older homes (which is the one we're looking at now).

I can't express how happy I am now to understand that piece of the puzzle! May I ask do you do the same estimate for repairs when you assume 10% capex on an older house? 

With much gratitude for sharing your wisdom, 

Anastasia