Laminate vs. Granite vs. Quartz for a rental

I am doing a BRRRR on a $95K SFH property in the Midwest and hoping the ARV will be $140K+. I am prioritizing my ARV value because I A) want my cash back so I can repeat and B) my potential cash flow will still be net positive. Comps in the area are arund $140-160K for decent looking places, but they are larger sqftage (I’m a 3B2.5B but my basement is unfinished), and I’m thinking I’ll be able to rent at $1600-1700pm (with $140K, mortgage is looking like $1200).

Here are the other big updates for context:
— Updating the cabinets to Shaker style, new handles, (if stone) undermount sink, etc.
— Adding a dishwasher and microwave (not previously there), updating all appliances to used stainless steel (property did not come with appliances)
— Paint, Baseboards, Drywall Repair
— Luxury Vinyl Interlocking Plank flooring everywhere
— New tile in the bathrooms and kitchen backsplash

With all of that being said, I am going back and forth on countertop choices. I’ve been recommended laminate for Class C rental properties, which makes sense. But also, I’d like the appraisal to come back higher, and to not have to replace the laminate every 4-5 years due to durability.

My countertops are about 45sqft, and the estimates I’ve seen thus far end up being about $2400 for Quartz and $2100 for Granite. For laminate, it’s obviously much cheaper but it is worth noting that I am a team of one, so I may struggle to install myself.

Any recommendations or lessons learned are hugely appreciated!

submitted by /u/rwcg2d
[link] [comments]

I am doing a BRRRR on a $95K SFH property in the Midwest and hoping the ARV will be $140K+. I am prioritizing my ARV value because I A) want my cash back so I can repeat and B) my potential cash flow will still be net positive. Comps in the area are arund $140-160K for decent looking places, but they are larger sqftage (I’m a 3B2.5B but my basement is unfinished), and I’m thinking I’ll be able to rent at $1600-1700pm (with $140K, mortgage is looking like $1200). Here are the other big updates for context: — Updating the cabinets to Shaker style, new handles, (if stone) undermount sink, etc. — Adding a dishwasher and microwave (not previously there), updating all appliances to used stainless steel (property did not come with appliances) — Paint, Baseboards, Drywall Repair — Luxury Vinyl Interlocking Plank flooring everywhere — New tile in the bathrooms and kitchen backsplash With all of that being said, I am going back and forth on countertop choices. I’ve been recommended laminate for Class C rental properties, which makes sense. But also, I’d like the appraisal to come back higher, and to not have to replace the laminate every 4-5 years due to durability. My countertops are about 45sqft, and the estimates I’ve seen thus far end up being about $2400 for Quartz and $2100 for Granite. For laminate, it’s obviously much cheaper but it is worth noting that I am a team of one, so I may struggle to install myself. Any recommendations or lessons learned are hugely appreciated! submitted by /u/rwcg2d [link] [comments]

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