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Updated over 2 years ago, 08/15/2022

User Stats

68
Posts
16
Votes
Albert Tsao
  • Investor
  • Los Angeles, CA
16
Votes |
68
Posts

Buy and Hold Short Term Rental (BRRRR)

Albert Tsao
  • Investor
  • Los Angeles, CA
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $630,000
Cash invested: $126,000

Contributors:
Carson McGee

This is a 8bd/5ba single family home (3, 909 sqft). This was purchased in April 2022, located in Florida. The current market value of the home is $843,100

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).