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Updated almost 7 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Olivier S.
  • Real Estate Investor
  • Austin, TX
1
Votes |
7
Posts

Average yearly maintenance

Olivier S.
  • Real Estate Investor
  • Austin, TX
Posted

Hi guys,

I am originally from France where I own two rentals.

My family and I moved to Austin two years ago and I am trying to look at investment opportunities in the area, mostly multiunits.

Property taxes are putting a big toll in the yield but I am curious about the maintenance. 

I did ask the books of a fourplex (4*850 usd, 2/2 units)  I was interested in to and I see like 3,500 USD per year of "getting ready" costs.

Is that what you guys can confirm as average maintenance costs, roughly a month of rent ?

Thanks

  • Olivier S.
  • Loading replies...