And 8% for capital expenditures.

See the problem I'm having is knowing the right percentages to place within the expected expenditures. 

Unfortunately at the time, I didn't factor in things like Property Management fees, HOA fees and Capital Expenditures, so I basically ended up losing money each month for the next 3 years.

There isn't a certain amount that will work in every situation, but $2,000 is very low and I would think $5,000 or $10,000 would be a lot safer.You wouldn't need to have that $5,000 or $10,000 for each unit as your business starts to grow, because the chances of having two big capital expenditures or two other disasters at the same time are minimal (especially when you only have 2 or 3 rentals).

If you build that into your plans and still can meet your cash flow goal then you are doing your best to also minimize future capital expenditures that will eat up your cash flow.

You should also factor in that, in addition to the loan payment, you'll need to factor in periods of vacancy, repairs, big-ticket items like a new roof or HVAC ("capital expenditures"), and the costs of a property manager. 

The response that I got back from him was that he intended to reject the amendment since there are other interested parties on the property.From experience with buying investment properties when something substantial comes up for capital expenditure items like roofs being at the end of their useful life, is the request that I made a reasonable one?

Even though Cap Ex % of 15% seems high, the dollar amount of $90 is low considering the age, condition and likely upcoming capital expenditures.

Most significantly, the idea that a building grossing $80k a year is only reserving $200 a year for cap expenditures is absurd. $10,000 is a better guess. $160 for vacancy reserve is also ridiculous.

Here’s an example of a case study assuming a 35% tax rate: The company had repair and maintenance expenditures that were miscapitalized totaling $3,134,215.The company had $696,267 of tangible property regs for year 1.The company had $28,180 in dispositions.The total savings resulting from the Engineered Tax Deduction vs.