Updated about 3 years ago on .
Buy and Hold Long Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $386,000
Cash invested: $77,200
Contributors:
Carson McGee
This is a 4bd/3ba single family home (2, 295 sqft). This was purchased in December 2020, located in California. The current market value of the home is $495, 600
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $18, 708 and annual rent is $29, 820 ($2,4785 a month).