should I add central air to my flip?

[Dan Pereda]

Hey all,   I am doing a flip in Hamilton NJ

Bought for 72K + repairs and other costs will come total investment of 102K the ARV 140k.

I get debating if i should add central air.  it would be about 8.5K taking my investment to 110k.

I am worried that with out central air it will take a long time to sell, but not sure i am going to the 9k back at selling time.

Any advice?

[Jim Keller]

Dan

I can think of many questions, is it in your rehab budget, does your competition have it, will having it increase the final sales price, will it add months to the holding cost, the list goes on and on. If there is no benefit financially why would you do it. If it hurts you to do it, why would you do it. By the way what is the average temperature in Hamiltion NJ during the months you will be selling this home, Mid 80's? My guess is if you missed including the air conditioning you may want to go back and look at your ARV, might be a real opportunity.

Good luck

Jim