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Updated over 2 years ago,
Buy and Hold Short Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $900,000
Cash invested: $180,000
Contributors:
Carson McGee
This is a 3bd/3ba single family home (1, 800 sqft). This was purchased in February 2022, located in Florida. The current market value of the home is $900, 000
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $12, 000 and annual rent is $108, 000 ($9, 000 a month).