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How to figure the CapEX field within the Rental Property formula
How do you figure out what percentage for the CapEX block within the Rental Property formula? For instance if I know the property will need a new roof in 2 years...if gross income is $2000, would I put 20% in the CapEX field? Meaning that I will be holding back $400/mo for the new roof in 2 years? How does that affect the rental property formula? Thanks.