Hello, Owners!
Being a landlord comes with a lot of responsibility, including the maintenance of your rental property. To help you better budget your average annual maintenance costs, we have a conservative “average life-span of common household appliances” chart to share with you.
Air-Conditioners | 13 Years |
Dishwasher | 10 Years |
Dryer | 13 Years |
Garbage Disposal | 12 Years |
Microwave | 8 Years |
Range – Electric | 15 Years |
Range – Gas | 17 Years |
Refrigerator | 13 Years |
Washer | 11 Years |
Water Heater | 10 Years |
It would be a safe assumption that approximately 8% of your annual rent income will be spent on maintenance. Here at PRANDI Property Management, Inc., CRMC, we have found this to be an appropriate number, and we hope that it will help you with your budget. Please contact your Assistant Property Manager for additional details on your rental home here in Marin County!
— Cristy Boucher, CSS Assistant Property Manager