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Updated over 10 years ago,
Maintenance cost of 50 years plus property?
I was reading Mark Ferguson's blog and came across this cash flow calculator.
http://investfourmore.com/rental-property-cash-flo...
In that he mentions that house older than 50 years have on an average 25% maintenance cost. Is this an accurate representation?
I am asking this because that reduces my future cash flow assumption considerably.
Let me know your thoughts
Thanks