Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $290,000
Cash invested: $58,000

Contributors:
Carson McGee

This is a 4bd/3ba single family home (2, 007 sqft). This was purchased in May 2021, located in California. The current market value of the home is $371, 000

The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $16, 136 and annual rent is $25, 140 ($2, 095 a month).