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Updated about 2 years ago on . Most recent reply
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VACANCY RATE question
Good day! I would like to ask how much percentage should we save for vacancy rate incase if there is vacant on a single family unit. thank you and have a good day to all!
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Quote from @Aldrin Meneses Quijada:
Good day! I would like to ask how much percentage should we save for vacancy rate incase if there is vacant on a single family unit. thank you and have a good day to all!
I would run numbers on allocating for a minimum of ones months on an asset like that. As long as you can cover it and get the cashflow you need accounting for 7% CapEx, 7-10% Property Management, and then 5-8% for repairs you will be in good shape.