You might need more.You may want to bring some capital improvement funds to upgrade your electrical system, so I'd add in some costs for that.On the other hand, what is up with your interest rate? 

But honestly, depending on finish and size of units, the cost to upgrade units may be a drop in the bucket to everything else.  

There is some deferred maintenance and the units can use an upgrade, but overall they are in decent shape.

There is some deferred maintenance and the units can use an upgrade, but overall they are in decent shape.

There is some deferred maintenance and the units can use an upgrade, but overall they are in decent shape.

There is some deferred maintenance and the units can use an upgrade, but overall they are in decent shape.

I would like input on the following question:As an apartment investor, if you were to spend $5,000 on upgrading an apartment unit.....How much of a rent increase is needed to provide your required return on investment of Cap Ex?

Owned it since 2014 and put some upgrades into it, and trying to refinance it into my LLC currently.

I use Rentometer and I've found it to be fairly accurate, but I would definitely recommend you pay for the upgrade otherwise you won't get as good of results.

taking the NM class next week, then the state license test, then I'll probably upgrade to a premium membership so I can help people more directly!