Updated about 3 years ago on .
Buy and Hold Long Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $330,000
Cash invested: $66,000
Contributors:
Carson McGee
This is a 5bd/3ba single family home (3, 154 sqft). This was purchased in June 2021, located in North Carolina. The current market value of the home is $400,100
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $19, 922 and annual rent is $26, 340 ($2, 195 a month).