Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $80,500
Cash invested: $16,100

Contributors:
Carson McGee

This is a 3bd/1ba single family home (1, 254 sqft). This was purchased in February 2012, located in California. The current market value of the home is $387, 000. The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $18, 980 and annual rent is $21,840 ($1, 820a month).