Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $80,000
Cash invested: $16,000

Contributors:
Carson McGee

This is a 3bd/1ba single family home (1, 175 sqft). This was purchased in March 2012, located in California. The current market value of the home is $363, 600. The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $22, 038 and annual rent is $17, 880 ($1, 490 a month).