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Condo vs house rental in BP calculator
Hello BP! I was hoping to get some help running an analysis on a condo in the Denver area. In single family houses and small multi family homes, I generally budget Capex between 7-10% but with a condo, I don't expect to be replacing a roof any time soon (as on example). When using the rental property calculator, what percentage do you use for Capex and what other variables change as opposed to analyzing a house? Thanks for the input!