Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $91,000
Cash invested: $18,200

Contributors:
Carson McGee

This is a 5bd/3ba single family home (1, 910 sqft). This was purchased in March 2012, located in California. The current market value of the home is $409, 300. The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $24, 666 and annual rent is $29, 400 ($2, 450 a month).