Maintenance and vacancy of 25-30% seems extremely high.

For a deal, the numbers really do speak the truth but I would love any insight regarding what's a realistic estimate for CapEx, Vacancies, etc. in the MKE area.

We now rent it out for $1000 over our monthly expenses before maintenance/cap-ex/vacancy.

When I do the analysis I assume approx 5% vacancy, 8-10% in capital reserve, and another 8-10% in property management.

Rented with 0% vacancy and 100% on-time rent payments.Partner AGI is $106,320 (self employed x 10 months as an accountant.

Based on you living in one of the 3 bedroom units and renting out the 1 bd and other 3 bdMortgage:3.5% down = $30,975; 5% interest, 30 years; $4,585 /mTaxes: $23,000 ($1,916 / m)closing costs: $17,700 (2% purchase price)Rent: $4,375 ($2,925 + 1,450) Breakdown of rent: 5% Repairs ($218), 5% Vacancy ($218), 8% Big Repairs ($350), $700 PMI Insurance: $50 /m Totaling expenses: $8,038/mTotaling income: $4,375/m Out of pocket each month: -$3,663 

Vacancy, repairs and capex.

Trent - I would account for some vacancy in your rental income number... typically either 5% or 10%, but take some discount off of your rental income number.

The hard part is to know what numbers to use for your variable costs( vacancy, repairs, capex).

Now I have some Vacancies, but I can’t find any Good Contractors to turn over/ Update the Property..