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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: $260,000
Cash invested: $52,000
Contributors:
Carson McGee
This is a 3bd/2.5ba single family home (1, 754 sqft). This was purchased in June 2021, located in North Carolina. The current market value of the home is $356, 400
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $15, 792 and annual rent is $21, 540 ($1, 795 a month).