; new SS appliance package, add recessed lights with new ceiling tiles, install new SS hardware/knobs on the cabinets.

I start off with 10% for CapEx until I have the property inspected to determine the current condition and life expectancy of all major components and appliances.  

They said they replace/install the new appliances when the home is leased.

Investors, where is the best place in Baltimore to get used, good condition, appliances (washers and dryers, specifically) for my rental properties?

New appliances and new paint would make a difference.

These usually only have two connections - one at the breaker box and one at the outlet for the appliance - so they don't usually have the problem of a daisy-chain of bad connections all over the house. 

All new appliances.

Your CapEx may be a little low unless that number was given a lot of thought (roof replacement, appliances, heating/cooling system, patio, etc.).  

In addition it needs some cosmetic fixes like carpets, hardwood floors, painting, and appliances. 

Confirm with local property management company.Even the repair of $5K looks low.....You need to disclose type of kitchen, flooring, bath, appliances.