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Updated over 9 years ago,
Rental expenses
Well here I am with another rental expenses question.
I am analyzing as many deals as I can to get experience on how the numbers work and how to spot a good deal. Below are the expenses I am accounting for.
I would greatly appreciate it if you could look it over and tell me if I'm over estimating, under estimating or leaving something out.
Capex $257
Maintenance 10%
Vacancy 5%
Property management 10% (I will be self managing my property's but I want to factor in PM so the property will still cash flow when and if I hand it over to the PM
And of course mortgage, property taxes and insurance vary by property.
Thanks