Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $95,000
Cash invested: $19,000

This is a 3bd/1ba single family home (1,224 sqft). This was purchased in November 2011, located in California. The current market value of the home is $358,500. The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $17,905 and annual rent is $18,960 ($1, 580 a month).