Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Philadelphia Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

616
Posts
429
Votes
Eric Greenberg
  • Investor
  • Philadelphia, PA
429
Votes |
616
Posts

Adding Central A/C to a Philly Rental

Eric Greenberg
  • Investor
  • Philadelphia, PA
Posted

Looking for some folks feedback on adding or updating their rental to have central air / a mini split. 

I know its a tough question as its based on a few factors, but id be curious what other investors believe they get extra a month in rent due to A/C and what class property those are.

I have a B-class Duplex I'm working on now and leaning towards adding A/C but would love to get some local input.

Quick math: mini split cost per unit = $5000 / 15 years until replacement / 12 months per year => ~$28/month. Assuming no maintenance is needed in 15 years would say you need at least ~$56 extra a month to pay off the 1st unit and add CapEX for the next unit just to break even. 

Cheers,

Eric

Loading replies...