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Updated over 4 years ago,
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.