I put away $300/mo for repairs, vacancies and tenant turnovers totaling $1717.

How can I find out what percentages I should use for vacancies, repairs, capital expenses, etc. 

(per the challenge)On the other hand, After Repair Value isn't something you can just guess on.

Dry wall isn't a big deal but it can get real expensive if you have to start cutting out joists and studs and repairing them.

I also budget for repairs (usually 10% of rent) in addition to the CAPEX reserves. 

Hi All,I am looking for a handy person  to perform maintenance and repair tasks as needed for 1-4 unit properties in the Western suburbs of Philadelphia. 

@Phil Hartten ARV means After repair value.. so after a rehab, what is it worth? 

@Shelly Shanks For buy and hold the formula is relatively simpleAnnually:(Monthly rent x 12)- property taxes - insurance -property management fees - HOA fees if applicable - budgeted maintenance and repairs- expected vacancy - loan payments.This will give you your annual cash flow. 

I keep a detailed spreadsheet of each repair item and the name of the contractor or sub responsible for the repairs. then I use the spreadsheet as a checklist.

Also, I added a "maintenance/repair" category for minor things like fixing a leaking toilet, broken window, etc.