CapEx and Maitenance for 2 4-plexs

[Daniel J.]

I am looking at a deal just north of Houston that is 2 4-plexs on 1 lot, and I wanted to double check on cap ex and maintainence numbers.

All city utilities, flat roofs, built in 1966, updates have been done, some new ac’s. My plan would be to replace any large capital items upon purchase.

I am using $6000 annually for cap ex, and $3000 for maitenance. Rents are $6000 a month. 

Does that sound reasonable? More? I’m not entirely sure of all the parts to consider with cost for this size of building. 

Thanks!