Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $121,000
Cash invested: $24,200

This is a 5bd/2ba single family home (2,794 sqft). This was purchased in April 2010, located in California. The current market value of the home is $405,800. The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $20,303 and annual rent is $29,820 ($2,485 a month).