Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $91,000
Cash invested: $18,200

Contributors:
Carson McGee

This is a 3bd/1ba single family home (1, 176 sqft). This was purchased in September 2012, located in California. The current market value of the home is $364,100. The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $20, 022 and annual rent is $26, 940 ($2, 245 a month).