Buy and Hold Short Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Condo buy & hold investment.

Purchase price: $875,000
Cash invested: $175,000

Contributors:
Carson McGee

This is a 1bd/1ba single family home (650 sqft). This was purchased in March 2022, located in Hawaii. The current market value of the home is $875,000

The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $76, 963 and annual rent is $98, 550 ($8, 213 a month).