Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $85,000
Cash invested: $17,000

Contributors:
Carson McGee

This is a 3bd/2ba single family home (1, 113 sqft). This was purchased in August 2012, located in California. The current market value of the home is $402, 800. The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $16, 954 and annual rent is $18, 600 ($1, 550 a month).