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Updated over 2 years ago,
Buy and Hold Long Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $101,000
Cash invested: $20,200
Contributors:
Carson McGee
This is a 4bd/2.5ba single family home (1, 851 sqft). This was purchased in Octover 2012, located in California. The current market value of the home is $430, 900 The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $24, 880 and annual rent is $20, 736 ($1, 728 a month).