renting washer and dryer
What do you charge to rent a washer and dryer to your tenants?
I just signed a lease on a SFH that includes $30/month for each device to rent (not rent to own). Bought new for $450, I figure after 15 months I will get a solid $720/year profit for about 5 years before they fail.
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It's a capitalistic society so you can do whatever you want to make more money.
Personally I hate extra fees so I don't do charge for washer and dryer. I use them as a selling point that's about it.
They do come with a cost so if a unit doesn't have one and you would like to provide for the tenants, you do need to consider the ROI on your investment. For us, if the unit didn't come with W/D, we rent the unit without W/D and the tenant has to bring their own. If the unit came with W/D already, then we look at the comp in the surrounding and price the rent price accordingly. If the unit is not renting, we priced too high and would need to adjust accordingly. W/D is not gonna make any difference. Something will though, if I'm a renter and I see a W/D in the unit and the landlord said it's gonna cost me extra to use the W/D, my impression on that landlord is gonna drop significantly. It puts a bad taste in my mouth. Especially the W/D is in the unit. If it's in a detached building in a common area, I think it's more understandable.