Kitchen Renovation Budget for Rental
I am renovating my NYC condo in preparation to rent it out.
I want to make sure I’m not overspending or underspending on my kitchen reno. Here are the numbers:
Expected monthly rent: $9,000
Kitchen Renovation breakdown:
- Cabinets (Kraftmaid) for 9’ x 10’ kitchen with Island: $14,000 (Price does not include installation.)
- Appliances: $6000 (GE, whirlpool, LG, Bosch, no viking)
- Countertop Quartz for 60 sq ft; $4500 (Includes installation)
- TOTAL : $24,500