Increasing rent/cash flow by adding appliances?

[Henry Le]

It has been difficult finding deals to cash flow LTR's especially if you are not creative. Currently, I only invest in my backyard in Oklahoma City buying on the market for easy and low risk investments. So far, I am two single-family properties in since last year. They cash flow truly just $200 Per month each. I'm looking for my third but having trouble with finding one that will can flow like the other two. I manage my own properties and I need to find one near my primary residence for ease of repair and maintenance. 

So I have an idea to help increase rent to cash flow a bit more. What if I add appliances such as refrigerator, washer and dryer to attract renters and increase rent by $100 per month? A refrigerator costs about $1000 and a set of washer dryer cost about $1000 as well. After two years, I would recoup the money spent on the appliances. What do you guys think? Is it worth trying to do this for a small increase cash flow? 

[David Krulac]

@Henry Le  For me I go the opposite way and have been renting for a long time.  I supply fewer appliances and reduce maintenance, repairs and replacement costs. For houses many tenants have refrigerators and washer dryers.  I typically supply range and dishwasher, but never microwaves or window air conditioners (almost all places have central air).  I know some LL do rent appliances to tenants like the big rental centers for an extra charge not included in the rent.  Another LL  charges for the appliance rentals but if the tenant stays 5 years, they then give the appliances to the tenant, since they have been paying rental on the appliances for years.