Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $315,000
Cash invested: $63,000

Contributors:
Carson McGee

This is a 4bd/3ba single family home (2, 273 sqft). This was purchased in May 2021, located in California. The current market value of the home is $301,300

The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $19, 049 and annual rent is $25, 740 ($2, 145 a month).