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Updated over 7 years ago,

User Stats

46
Posts
3
Votes
Cameron Andrews
  • Real Estate Investor
  • Tennessee
3
Votes |
46
Posts

ROI of kitchen flooring

Cameron Andrews
  • Real Estate Investor
  • Tennessee
Posted

Hello, I've got a B+ property grossing 1200/month, and need to replace the kitchen floor. I plan on holding this property for many more years.

The rent is coming up for renewal, so I plan to increase it. Would appreciate any actuals or estimates that the BP community has experienced in terms of increasing the rent by $X to recover this flooring CapEx.

For example-

High end: Duraceramic could justify a $X increase in rent

Low end: basic vinyl could justify a $X increase in rent

These are purely for a numeric assessment. I will also be considering the reduced maintenance on my part from a more durable product.

Looking forward to any insight here. Thanks!

Cameron

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