Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $75,000
Cash invested: $15,000

Contributors:
Carson McGee

This is a 3bd/1ba single family home (1, 271 sqft). This was purchased in February 2012, located in California. The current market value of the home is $380, 100. The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $18, 542 and annual rent is $19, 440 ($1, 620 a month).