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Maintenance

Annual maintenance and repair reserve.

Example Result

Sample Data
$1,625 /year
$135 /month

Based on a sample $385,000 property with $2,850/month rent, 20% down, 7% interest rate.

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Maintenance Formula

Monthly (Effective Gross Income × Maintenance Rate) ÷ 12 $135/mo

What This Means

A sample property priced at $385,000 with $2,850/month rent has a maintenance of $1,625 at Purchase (Month 0). Underestimating maintenance is one of the top mistakes new investors make. Older properties and those with deferred maintenance will require higher reserves. Setting aside 5-10% of rent for maintenance protects your cash flow from surprise expenses.

Where This Value Comes From

Maintenance is not entered directly — it is calculated from Gross Potential Rent. See the formula breakdown above and the detailed inputs below.

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Why It Matters

Underestimating maintenance is one of the top mistakes new investors make. Older properties and those with deferred maintenance will require higher reserves. Setting aside 5-10% of rent for maintenance protects your cash flow from surprise expenses.

Detailed Explanation

The annual maintenance reserve, typically calculated as a percentage of gross rent. This covers routine repairs, appliance replacements, and ongoing upkeep needs.

Example

Sample Result
$1,710

Based on a sample $385,000 property with $2,850/month rent, 20% down, 7% interest rate.

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