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Updated over 2 years ago, 08/15/2022
Buy and Hold Short Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $715,000
Cash invested: $143,000
Contributors:
Carson McGee
This is a 8bd/5ba single family home (3, 909 sqft). This was purchased in December 2021, located in Florida. The current market value of the home is $852,600
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $14, 324 and annual rent is $105, 000 ($8, 750 a month).