Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $490,000
Cash invested: $98,000

Contributors:
Carson McGee

This is a 4bd/2ba single family home (2, 411 sqft). This was purchased in January 2021, located in California. The current market value of the home is $617, 200

The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $25, 707 and annual rent is $37, 140 ($3, 095 a month).