4plex rehab and appraisal guidance

[Daniel Rubenstein]

Hi all, I can use some help on my first fix and hold/flip. Its a fourplex i bought at 155K. I had it appraised when I bought it and bank valued it at 170. Ive done most of the rehab already (about 25k). Im trying to get the value of the property up to the point where I can recover all my rehab expenses and most if not all my down payment. So I hope to do cash-out refi when its all fixed up and rented out. Another unit, same model 4plex, in not as nice condition as mone, just sold for 230 (but its the highest comp in the area right now) There are some last items that I cant decide if its worth replacing. I have no clue what effects the appraisal on a 4plex (i know i should have figured this out before buying and fixing the property...but i learn from my mistakes). Does the appraisal go by the total income on the property? The condition on the property? For example, im trying to decide if I should replace all the vanities (48inch ones @ $400/piece) or just paint them and replace the faucets (they have granite looking formica on top in decent condition). Will this make much of a difference on a 4plex appraisal? (So far ive replaced all flooring with laminate, repainted all walls, granite counters and painted cabinets, stainless steel appliances, and new outlets etc. around the place) Btw, its in a B area (almost a C). (For those that live in Vegas its near UNLV/and airport.) Any guidance here would be immensely appreciated!! TIA