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Updated over 4 years ago on . Most recent reply
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How do I calculate capex/vacancy on a turnkey on a 2 year lease
I bought a rental property through a turnkey provider that addresses all major capex issues: new roof, new water heater, new ac unit, etc. Also, we got the tenant on a 2 year lease. Given these two items it doesn't seem like apples to apples to pencil out my return by assuming 10% for capex and 10% for vacancy like I would if I was to buy a property that needed work on my own. Do you agree? Ether way, what should my assumptions for capex and vacancy be in this type of scenario?