Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $88,000
Cash invested: $17,600

Contributors:
Carson McGee

This is a 3bd/2ba single family home (1, 545 sqft). This was purchased in March 2012, located in California. The current market value of the home is $447, 500. The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $21, 016 and annual rent is $28, 740 ($2, 395 a month).