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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 4bd/4ba single family home (1, 714 sqft). This was purchased in October 2021, located in North Carolina. The current market value of the home is $355,900
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $15, 531 and annual rent is $21, 180 ($1, 765 a month).