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Updated about 1 year ago,

User Stats

1,026
Posts
752
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Justin Goodin
  • Investor
  • Indianapolis, IN
752
Votes |
1,026
Posts

Renovation Cost Breakdown

Justin Goodin
  • Investor
  • Indianapolis, IN
Posted

I spent $16,444 renovating this 3-bedroom apartment at one of my properties.

Here's the breakdown:

- Kitchen faucet: $76
- Thermostat: $30
- Bathroom hardware: $34
- Toilet: $94
- SS stove: $250
- SS microwave: $150
- SS fridge: $781
- SS dishwasher: $349
- 6 MIL LVP flooring: $2,840
- 4 black matte LED ceiling fans: $204
- Bathroom faucet: $77
- Bathroom vanity: $189
- Bathroom mirror: $60
- Lighting fixtures: $150
- White shaker cabinets: $2,142
- Black matte cabinet handles: $36
- Blinds: $88
- Black matte hinges: $51
- Black matte door knobs: $108
- Blanco single bowl sink: $100
- Blanco sink rack: $25
- Quartz countertop & install: $1,100
- Smart lock: $40
- Paint & materials: $565
- Random materials/parts: $259
- Labor: $6,646

Renovation time: 30 days

Previous rent: $575
Signed leased: $1,610

Long term hold strategy.

I'm choosing to renovate every unit to a premium level finish with high quality materials. This should allow me to have less maintenance issues in the long run.

Let me know what questions you have about this interior renovation.

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