Updated about 3 years ago on . Most recent reply
Buy and Hold Long Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $114,000
Cash invested: $22,800
Contributors:
Carson McGee
This is a 3bd/2ba single family home (1, 204 sqft). This was purchased in August 2014, located in California. The current market value of the home is $364, 200
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $16, 499 and annual rent is $20, 700 ($1, 725 a month).