@Chandler Gene Beck Thank you for your input! I put the vacancy at 10% because I saw Brandon's you tube video on how to fill out the calculator and he says he usually puts 10%. I may have been mistaken. That's a good idea to ask the managing company or real estate agent. Anything to get as accurate report as possible. What would you suggest to put in the cap ex and repairs? Is there a formula or average or website to look at? How can I get these numbers right? My plan is to buy and occupy and eventually rent out. Making smallish rehabs projects along the way depending on what property I end up with. Also am I even using the right calculator if the plan is to live in while rehabbing? @Robert Leonard Thank yo for your input! I think the 10% is a good conservative estimate. Same question to you about the cap ex and repairs is there a formula or average by state or county or website to ask? How do I determine the water an sewer? Contact the manager or real estate agent is there a website to go to? As far as the other expenses what kind do you mean? What would you suggest as an average or how can I figure that out? What is CoCROI? Cash out Cash returned on investments? I'm just starting out haha.
I'm just practicing I knew that was a bad deal but I have to start somewhere and this input is awesome. Also to both of you I am planning on living in this house while I fix it up is this the right calculator? Anything else you all can think of is greatly appreciated!
