Updated about 3 years ago on .

Buy and Hold Long Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $280,000
Cash invested: $56,000
Contributors:
Carson McGee
This is a 4bd/2.5ba single family home (2, 243 sqft). This was purchased in September 2021, located in North Carolina. 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 $16, 813 and annual rent is $22, 740 ($1, 895 a month).