Updated about 3 years ago on .
Buy and Hold Long Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $420,000
Cash invested: $84,000
Contributors:
Carson McGee
This is a 4bd/2ba single family home (2, 226 sqft). This was purchased in January 2021, located in California. The current market value of the home is $518, 100
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $22, 007 and annual rent is $33, 600 ($2, 800a month).