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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: $68,000
Cash invested: $13,600
This is a 5bd/3ba single family home (2, 289 sqft). This was purchased in December 1978, located in California. The current market value of the home is $1,070,000
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $44, 840 and annual rent is $7, 560 ($630 a month).