People aren’t the only ones with a limited life expectancy; systems and kitchen appliances within your Jacksonville rental building will eventually stop working. As a property owner, it’s important to know what the life expectancy is for each of your rental property’s major interior elements and to have a plan in place to replace them when needed. Preferably, you should create a plan that allows you to purchase expensive items in intervals so as not to overburden yourself.
So how long do interior home appliances last? According to HUD, the life expectancy for common interior items is highest with appliances, air conditioning units, and hot water heaters. That’s why it’s vital to choose dependable items produced by trustworthy companies. Case in point, a fine quality kitchen range is likely to last up to 20 years, while a refrigerator or microwave can last about ten years. Both air conditioning units and hot water heaters have a life expectancy of around ten years, as do faucets and smoke detectors.
Interior items with shorter life expectancies include carpet, tile or vinyl flooring, and interior paint. Without exception, each of these items will only last five years before the deterioration slowly becomes apparent. Having said that, blinds, window shades, and curtains last a meager amount of three years because of heavier wear and tear and the inclusion of components that break more easily than most.
Understanding the life expectancy for every valuable item within your Jacksonville rental property can aid you to properly plan for purchasing replacements in the future. Scheduling regular maintenance service and replacing parts in advance will help you budget wisely, thus protecting your investment and ensuring a regular cash flow.
For more information on replacement planning and how the property management services offered by Real Property Management Sunstate can help keep your property values high and tenants satisfied, contact us online or by calling us directly at 877-373-8404.
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