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Pennsylvania Real Estate Q&A Discussion Forum
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Updated over 6 years ago,

User Stats

79
Posts
4
Votes
Joe P.
  • Rental Property Investor
  • Mechanicsburg, PA
4
Votes |
79
Posts

Rental Expense Numbers for Central PA (Harrisburg area)

Joe P.
  • Rental Property Investor
  • Mechanicsburg, PA
Posted

I've been running numbers on rental properties in the Harrisburg area in preparation for buying my first property next year. I am curious to know what folks in the area are using for maintenance and capex numbers. I've read a lot of different things but I figure it varies for different parts of the country. I know it probably varies depending on the street and the individual house too but as a newbie without a lot of experience what would be some good numbers to quickly run the numbers on properties as I browse through the MLS?

I was using 6% capex and $100/month/unit for maintenance but I'm thinking the $100 maintenance number is a bit high.  I'm also not sure a percentage would be good to use for either of these since varying rents don't necessarily correlate with these expenses.  I'm thinking maybe $120/month/unit for both.  Thoughts?

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