Updated about 3 years ago on .
Buy and Hold Long Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment in Charlotte.
Purchase price: $330,000
Cash invested: $66,000
Contributors:
Carson McGee
This is a 4bd/3ba single family home (2, 203 sqft). This was purchased in April 2021, located in California. The current market value of the home is $427, 500
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $18, 332 and annual rent is $29, 580 ($2, 465 a month).