How much to renovate in order to rent ?

[Melissa Villegas]

Hi! I'm debating on how much to update before trying to rent. I "think" I can get $2700-$2900 for monthly rent (if I'm off I'm open to suggestions PLEASE!) Will it still rent when the interior is in original 70s condition? I was thinking of painting over ugly wallpaper for sure.  

Other items I was considering to get it rented faster, but will it be worth the cash flow?  New Carpet, a couple of new light fixtures, epoxy countertops, faucets, kitchen cabinet pulls, etc.  Here's a few pics for reference.  Thank you so much for all of your wonderful input!