Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $280,000
Cash invested: $56,000

Contributors:
Carson McGee

This is a 4bd/2.5ba single family home (2, 243 sqft). This was purchased in September 2021, located in North Carolina. The current market value of the home is $383,100

The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $16, 813 and annual rent is $22, 740 ($1, 895 a month).