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Updated over 12 years ago on . Most recent reply

User Stats

1,147
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309
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James Syed
  • Real Estate Broker
  • Mount Olive, IL
309
Votes |
1,147
Posts

Reserve for a single family rental

James Syed
  • Real Estate Broker
  • Mount Olive, IL
Posted

Hi everyone,

How much should capital reserve be for a single family rental when analyzing a purchase price? The house is about 50 years old in OK condition, 3 Bed, 2 Bath approx. 1500 sq. ft. I thought $1000 per year?

Thank you.

  • James Syed
  • 618-406-9775
  • Loading replies...