Estimating CapEx in Massachusetts

[Ryan Emrich]

Hi BP Community,

I am looking to improve my CapEx estimates for properties I own and/or make offers on. I am based out of Massachusetts for price-point reference.

I think of CapEx from the perspective of each property, as well as each unit within the property. I attached a table I have made with my current assumptions. For example, a 3-unit multi-family would have annual CapEx estimates of $780 + ($2,140 x 3) = $7,200 / year.

If you believe any items are under/over-estimated please feel free to comment. If youre wondering, areas I make offers in include Worcester, Haverhill, and Lowell, MA.

Thank you and please feel free to connect with me!