Updated about 3 years ago on .

Buy and Hold Long Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $8,503
Cash invested: $78,000
Contributors:
Carson McGee
This is a 4bd/3ba single family home (2, 053 sqft). This was purchased in January 2021, located in California. The current market value of the home is $488, 800
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $20, 644 and annual rent is $32, 400 ($2, 700 a month).