Help Analyzing Capital Expense

[Christopher R.]

Let me first say how blessed I feel with the Bigger Pockets forum. I mean everyone has been so helpful and generous with sharing their knowledge. I am just learning so much as a newbie to real estate investing!

I am finally getting a better handle of real estate analysis. Based on the excellent article Introduction to Real Estate Investment Deal Analysis by J Scott, I was able to set up my own spreadsheet.

One thing I still don't have a good handle on is how to analyze Capital Expenses (CapEx). So I hope you can walk me through possible the possible capital expenses of a property so I can learn how to do it. Can you show me how you would do the CapEx for this property?

Property: Cherry Field Drive

Sq Ft: 1750

Year Built: 2000

Features

• Attic
• Cable Ready
• Ceiling Fan
• Flooring: Carpet, Hardwood, Linoleum / Vinyl, Tile
• Parking: Garage - Attached, 2 spaces, 72 sqft
• Patio
• Porch
• Security System
• Sprinkler System

Appliances Included

• Dishwasher
• Dryer
• Garbage disposal
• Microwave
• Range / Oven
• Refrigerator

Room Types

• Dining room

Construction

• Exterior material: Vinyl
• Roof type: Other
• Room count: 8
• # Stories: 2.0
• Structure type: Other
• Unit count: 1

Other

• Floor size: 1,750 sqft
• Last remodel year: 2000
• Laundry: In Unit

I saw the house a few days ago and it was really well taken care of. It was newly painted. The floor looks nice. The carpet looks new. The dishwasher and fridge looks decent. Even the lawn did not have much weeds and was tell tended.