Updated about 3 years ago on .
Buy and Hold Long Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $260,000
Cash invested: $52,000
Contributors:
Carson McGee
This is a 3bd/2.5ba single family home (1, 591 sqft). This was purchased in August 2021, located in North Carolina. The current market value of the home is $318,800
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $14, 420 and annual rent is $19, 740 ($1, 645 a month).