Updated about 3 years ago on .

Buy and Hold Long Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $420,600
Cash invested: $84,120
This is a 5bd/3ba single family home (1,910 sqft). This was purchased in January 2010, located in California. The current market value of the home is $420,600. The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $19,273 and annual rent is $27,000 ($2,250 a month).