Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $110,000
Cash invested: $22,000

Contributors:
Carson McGee

This is a 4bd/2ba single family home (1, 477 sqft). This was purchased in January 2013, located in California. The current market value of the home is $430, 900 The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $19, 166 and annual rent is $19, 980 ($1, 665 a month).