Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $460,000
Cash invested: $92,000

Contributors:
Carson McGee

This is a 4bd/4ba single family home (2, 957 sqft). This was purchased in January 2021, located in California. The current market value of the home is $590, 000

The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $22, 426 and annual rent is $35, 580 ($2,965 a month).