All they did was cosmetic and patched the roof.

Due for a new roof.

I don't want to cap my account at $20,000 if I know a roof costs $25,000, but I also don't want to go up to $100,000 knowing that if every CapEx item came up the same year it would only cost me $75,000.

What is the going rice for new roof for 1500 sq feet house in Montgomery? 

Construction materials: Frame, no basement, roof: asphalt shingles, Floor: Carpet on stairs and bedrooms, LVP: Kitchen and living room.

The roof cause of all these is their financing is only 5 years by design with the volatility of cap rate touching 250 bps over period of 24 months.

My favorite part is the shed in the back, with a legit hole in the roof lolIf you have any questions about my journey in Detroit, ask your questions.

We then spent around $30,000 out of pocket on renovations, including repairing the roof, upgrading the electric panel, installing new HVAC, and putting in a new kitchen.After completing the work, we refinanced with LendingOne using a 30-year fixed-rate DSCR product at around 7%, which resulted in a net cash-out of approximately $15,000.A couple of things to note:I'm out of pocket on this property for around $40,000 ($25k down, $30k rehab, minus $15k recaptured).I'm thrilled with this amount since it's far less than our "normal" 25% down strategy would require based on the higher value.The property appraised for $330,000 after the renovations.The key point for me is that this property is now netting around $800/month in cash flow.

The maintenance differential between a single-family and a two-family is twice the mechanicals, but the same amount of roof, exterior, etc.

The key is to save a decent amount for that rainy day.If you're buying a newer house with upgrades on the major systems -- roof, furnace, water heater, sewer, and appliances?