Using the Rental Property Calculator

[Sara Taslitt]

Hello- I am new to the real estate game and I have been practicing with analyzing deals using the rental property calculator here on Bigger Pockets. I watched a video which helped explain some of the numbers, but I still do not feel confident in what I am doing yet. I have the following questions, any help is appreciated:

1. How can I estimate the monthly insurance? What is it based on?

2. What is the best website to use to find the vacancy rate in the city?

3. How can I estimate the closing costs?

4. How can I estimate the initial repair costs?

5. How can I estimate or know the PMI?

6. How do you estimate the percentage to put for the monthly repairs?

7. I read that 8% for CAPEX is good, any thoughts?

8. How do I estimate the future assumptions?