Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Michigan Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

124
Posts
41
Votes
Nader Hachem
  • Dearborn, MI
41
Votes |
124
Posts

Percentages for Deal Analysis in Metro Detroit

Nader Hachem
  • Dearborn, MI
Posted

Good afternoon BP!

I've recently been spending a lot of my time during this quarantine analyzing rental property deals using the BP calculator. My main method is find houses off the MLS and going from there. I usually set my range for houses from 50K-150K. I was wonder what percentages do you guys use to analyze deals? I've been using Vacancy 6% repairs 5% capex 8% and prop management 10%. I don't want to over/underestimate these because i feel like they are the main part for analyzing deals.

I've been looking in the Metro Detroit area such as Taylor, Melvindale, Westland, etc..

Also open to other tips you guys have when analyzing deals! (such as running comps and rent prices)

Loading replies...