Upgrade Appliance for Rental ?

[Kevin Kim]

Hello

I have closed 1st rental property in Memphis, TN. The current rental market price is 1,650 and It was market for 3 weeks with that price and I lowered rental price to 1,499 recently. It has been 1 month since I closed. I had some cosmetic repair (cost round $5,000 - replaced carpet and painting) The house is good shape but I haven't find Tennant yet. I am wondering if It is worth to upgrade appliance (Washer/Dryer) since it looks very old (it is still working) or even replace refrigerator. Any advice? PM company is advertising zillow and their website though.