Buy and Hold Long Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $250,000
Cash invested: $50,000
Contributors:
Carson McGee
This is a 4bd/2.5ba single family home (1, 580 sqft). This was purchased in September 2021, located in North Carolina. The current market value of the home is $293,100
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $14, 578 and annual rent is $21, 684 ($1, 807 a month).