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Updated about 8 years ago,

User Stats

12
Posts
1
Votes
Keith Schuster
  • Sugar Land, TX
1
Votes |
12
Posts

Houston Multi-Family Expenses

Keith Schuster
  • Sugar Land, TX
Posted

Hi all - I'm looking at a 25 unit property in Houston.  It's in foreclosure and due to be sold in Sept.  I'm trying to run numbers through the Rental Properties Calculator  but I don't have enough information or knowledge to fill in all the expense items.  I was wondering if you all could help me come up with reasonable averages for this type of property - in Houston in particular???

25 units build in 1971.  Supposed to have had new roof done this year.  

I need the following

Cap rate
Water
Sewer
Electric - has laundry
Garbage
Insurance
Other

Vacancy %
% towards repairs and maintenance
% towards cap x
% prop mgt fee

Thanks!

Keith

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