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Updated about 4 years ago,

Alex Maly's profile image
Alex Maly's profile image
Alex Maly
  • Member since Jul 30, 2020
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8
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Alex Maly's profile image
Alex Maly's profile image
Alex Maly
  • Member since Jul 30, 2020
Connect
Alex Maly
1
Votes |
8
Posts
General Landlording & Rental Properties

Capex/maintenance estimate help

Alex Maly
Posted

I'm looking at a property for 102k in Texas. Its a single family home, around 1000sq ft, 3 bed 1 bath. Roof was replaced in 2016 i believe. House built in 1981. Tenants are in home paying 950/mo. What's a good estimate for Capex and maintenance? I put 5% on each which would be around 100/mo but is this too little?

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