I will go to a used appliance store where they sell almost new appliances at a fraction of the cost.

I can cut about $2800 out by painting myself, though, and finding appliances under market value.My preference is to keep it as a rental.

Capital Expense Total Replacement Cost Lifespan (years) Cost per Year Cost per Month Shingle Roof $5,000 15 $333 $27.75 Metal Roof $13,200 36 $366 $30.50 Water Heater $1,200 3 $120 $10.00 All Appliances $2,000 10 $200 $16.67 Driveway/Parking Lot $100 1 $100 $8.33 HVAC $3,000 10 $150 $12.50 Split HVAC $3,000 4 $750 $62.50 Flooring $2,000 6 $333 $27.75 Plumbing $3,000 15 $200 $16.67 Windows $5,000 10 $500 $41.67 Paint $2,500 5 $500 $41.67 Cabinets/Counters $3,000 10 $300 $25.00 Structure (foundation, framing) $10,000 30 $333 $27.75 Septic System $2,500 24 $104 8.67 Components (garage door, etc

Unfortunately when they turned the water back on it shot up debris such as rust through the pipes and into appliances.

Are you buying appliances?

What type of materials, new appliances?

Here are the things often overlooked on these kind of "minimally damaged" properties: All areas contiguous with the fire area (no fire wall separation) will have a film over them that will need to be thoroughly cleaned: walls, ceilings, appliances.

Also, saying that major appliances are included--if you are going to rent a home and NOT including a fridge or stove or oven then GOOD LUCK finding a tenant who will bring their own FRIDGE lol...Also, I don't know why a tenant would care if the fridge is new, or that there's a door wall, vinyl windows, or that the cabinets are updated or the microwave and range/oven are "upgrades."

I used to use the vinyl flooring that comes in rolls for kitchens, but it rips easily when moving kitchen appliances.

Here's what I have:Price: $89,900Rent: ~$1500Estimated Rehab:$5,000 (I believe this to be higher than what it needs): already has stainless steel appliances, new carpet, nice wood floors, granite in bathrooms/kitchen, etc...HOA fees: $432/monthProperty Taxes: $60.20/monthInsurance: ~$30-$50/monthFinance: conventional loan with an interest rate ~5%Property Management: $100/monthRepairs/vacancy: 10%ARV: ???