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Updated over 5 years ago,
Cap ex & repairs for new construction
So when considering buying a new construction that will be used as a rental, what are y'all figuring for CapEx and repairs when running your numbers?
For older homes I've been using 5 or 7%, but I'm not sure what to use for a new build as there are warranties and hopefully not many cap ex for a few years.
Thank you for input!