C Neighborhood: What rehab additions will increase $Rent/mo?

[Taylor Jennings]

We are doing our first C Neighborhood rental and are estimating ~$650/mo for a 2bd/1ba/1300sq.

I was told if I put appliances into the house then that generally will get us a bit more in rent/mo. Understandable, but I also hear people frequently steal these appliances if they are evicted or leave.

Secondly, I am considering putting wood vinyl planks throughout the living space which would cost an extra $1200 to do.

We are a little below our budget for the rehab and was wondering if this could bring in an extra $50/mo in rent?

Any other suggestions would be helpful!

My theoretical formula for selling the houses turnkey would be: Rent Rate / 0.0125 = Sell Price (Conservatively)

So an extra $50/mo would be an additional $4k in sell price.

[Michele Fischer]

I rent exclusively in C neighborhoods.

We had to call the police once over tenants loading our appliances, but we have had tons of move outs with no issues. Use low end appliances to help mitigate. Beware that even though tenants don't steal them, they usually do not clean them. And provide what is customary in your market. If you install appliances, the tenants could already have them if it is not normal for landlords to provide.

Plank flooring in the living areas give a great wow factor, people love them. Great in the bedrooms too if you will be allowing pets.

From my perspective the only thing that brings in higher rent is dishwasher, washer dryer, and garage or storage shed. Other things that could market it easier: flooring, wide slat nice blinds, ceiling fans (often trashed in C class properties, though), friendly porch with plastic chairs, etc.