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Updated almost 10 years ago on . Most recent reply

User Stats

82
Posts
49
Votes
James Conaway
  • Phoenix, AZ
49
Votes |
82
Posts

Questions on predictive numbers

James Conaway
  • Phoenix, AZ
Posted

I have used the website calculator to analyze the property, but I am struggling with the following questions:

Typical Cap Rate for your Area (%)? I do not understand what this is asking.

Struggling with predictive numbers…

Vacancy Rate. 3-10% suggested in calculator.

How do you estimate for vacancy?

How does one calculate vacancy %, say 2 months of vacancy over 3 years? 2/36=5.6% vacancy?

Repairs and Maintenance. 5-15% suggested in calculator.

I was planning on including a base amount each month for repairs. How much is reasonable?

For appliances, I figure out age, estimate time left to replace an factor in the cost for appliances.

Really struggling with future Assumptions. How do you predict these %?

Income increases per year?

Property value increases per year?

Expenses increases per year?

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