Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $111,000
Cash invested: $22,200

Contributors:
Carson McGee

This is a 4bd/3.5ba single family home (2, 089 sqft). This was purchased in February 2012, located in California. The current market value of the home is $492, 400. The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $19, 297 and annual rent is $33, 540 ($2, 795 a month).