Updated about 3 years ago on .
Buy and Hold Long Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $505,000
Cash invested: $101,000
Contributors:
Carson McGee
This is a 5bd/3ba single family home (2, 637 sqft). This was purchased in January 2021, located in California. The current market value of the home is $640, 800
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $25, 602 and annual rent is $38, 340 ($3, 195 a month).