Updated about 3 years ago on .
Buy and Hold Long Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $300,000
Cash invested: $60,000
Contributors:
Carson McGee
This is a 3bd/2ba single family home (1, 479 sqft). This was purchased in August 2014, located in California. The current market value of the home is $408, 400
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $15, 860 and annual rent is $21, 420 ($1, 785 a month).