Updated about 3 years ago on .
Buy and Hold Long Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $310,000
Cash invested: $62,000
Contributors:
Carson McGee
This is a 5bd/3ba single family home (2, 361 sqft). This was purchased in May 2021, located in California. The current market value of the home is $394,600
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $17, 133 and annual rent is $33, 900 ($2, 825 a month).