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/1ba single family home (1, 206 sqft). This was purchased in August 2021, located in California. The current market value of the home is $383,100
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $18, 196 and annual rent is $26, 340 ($ 2, 195 a month).