The numbers (for both units combined, held on the same mortgage): Purchase Price: $299k, Down payment: 25% (Cash-to-close totaled ~$84k), Interest rate (6.25% fixed for 5 years, then variable at prime + 1.5%, 25-yr amort., 10 year maturity)First year performance was stellar.

The exterior and roof need replacement which isnt a big deal to us unless the historic gives us a hard time on permitting.So there are a few variables at play here.

The drawback is that the rates on these are variable, but they are typically interest only payments for the first 10 years. 

There are a lot of variables involved, including management and the current condition of the properties.

I currently own a Beach condo with 3% apr attached to a second unpredictable variable Heloc loan. 

There are a lot of variables involved, but if I know the place wasn't real clean when they moved in, I may compensate them for a day of cleaning.

I am looking to know what you guys are budgeting in your analysis for your variable expenses; maintenance, vacancy, capex, and property management.I'm currently analyzing at 8% vacancy, 5% capex, 5% maintenance, and 10% property management. 

And as others have said, there are variables such as size, type and location that impact cost.

Way too many variables and unknowns. 

Is it fixed rate, variable?