Updated about 3 years ago on . Most recent reply
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 4bd/2.5ba single family home (2, 228 sqft). This was purchased in August 2021, located in North Carolina. The current market value of the home is $395,400
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $18, 421 and annual rent is $26, 340 ($2, 195 a month).