BRRRR has central heat but no A/C. Should I install?

[Josh Clinard]

I am in the rehab process with my first investment property. The house is older (1917) but has what looks to be a fairly new central heating unit with full ducting. Since this is my first property and I am chosing the BRRRR method, I initially wanted to put as little into the house as possible to keep cash in my pocket for anything that may go wrong. Although the house is now 75% finished and I am thankfully well under budget. Since the house already has ducting and central heat, I began wondering just how expensive it would be to add A/C and how beneficial it would be for the refinance.

The house is 3 bed, 1 bath. Almost 1200 sqft single story. If the cost to install can be made up for, and then maybe a little on top when we refinance I may jump into it. I know I will need to call around and get quotes based on my house/area, but I was wondering if anyone could offer any input on how much adding central air may sway the refinance? Should it be worth the investment, would I be lucky to break even or should I settle for 3 or 4 window units?

I am planning to hold the house and rent it, no intentions to sell at this time. Any input is greatly appreciated!

[Bernie Huckestein]

Most houses here do not have central air; however, I have to wonder if this is "expected" in NC...what class property is this?  I'd consider other properties around for rent...do they have CA...a) if they do that is what you will be competing against b) if CA is not the norm for your area this may enable you to get a few more dollars in rent  c) Also, if CA is the norm not having it may cause a lot of churn in tenants

I'm not really sure if CA will account for itself via appraisal but you should consider if it can help reduce churn + window units will for sure cost you or the tenant more electricity again causing churn.

b