Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment in Stockton.

Purchase price: $130,000
Cash invested: $26,000

This is a 3bd/2ba single family home (1,360 sqft). This was purchased in January 2010, located in California. The current market value of the home is $446,900. The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $18,715 and annual rent is $21,900 ($1,825 a month).