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Updated over 7 years ago on . Most recent reply

User Stats

318
Posts
156
Votes
Isiah Ferguson
  • Investor
  • Charlotte, NC
156
Votes |
318
Posts

ENTIRE AC unit needs to be replace. Wiped out ALL cash flow ??

Isiah Ferguson
  • Investor
  • Charlotte, NC
Posted

I just found out the AC unit needs to be replaced. The unit is 30 years old prior to the tenant being evicted it seem to work good. I got a quote from the ONE HOUR ac contractor and he said it'll cost 6k-8k to replace the Air handler, heat pump and entire wiring. This Cap EX is completely wiping out 1 yr of CF. What can I do ? Any suggestions \.

Most Popular Reply

User Stats

329
Posts
237
Votes
Bob Razler
  • Rental Property Investor
  • Boca Raton, FL
237
Votes |
329
Posts
Bob Razler
  • Rental Property Investor
  • Boca Raton, FL
Replied

Hello @Isiah Ferguson .  That is a big hit.

An AC system is made up of parts - outside compressor, interior air handler/blower, etc.  I would find out what "part" broke and see if you can't limit the replacement to that part of the system (for now).

Bob

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