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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: $265,000
Cash invested: $53,000
Contributors:
Carson McGee
This is a 3bd/2ba single family home (1, 619 sqft). This was purchased in April 2021, located in California. The current market value of the home is $346, 700
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $14, 513 and annual rent is $20, 940 ($1, 745 a month).