All Forum Posts by: Josh Kaukl

I have different things about running numbers when analyzing deals.  My question is how much do you budget for : 

Closing costs: (I’ve heard 1.5-2% on Real Estate Rookie. I’ve read Beardy Brandon say 6% to cover realtor fees and closing) 

Cash out refi :  (I’ve read 5%) 

CapEx: 7-8% depending on property (SFH vs Multi. Multi would be 8% to 10 depending on age and what's been done)

Maintenance: 5% 

Vacancy: 8.3%

Construction/Reno cost: depends on bids

Of course other factors: Snow removal, Lawn, and possibly utilities. 
   
   I see people getting $100-200 a door but is that after the cash out refi when their rates/mortgage goes up ? 

   Can someone share their budget sheet they utilize when analyzing deals and explain each line item to me like I’m a toddler? That would help me so much. Thank you.