Updated about 3 years ago on .

Buy and Hold Long Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $252,500
Cash invested: $50,500
Contributors:
Carson McGee
This is a 3bd/2ba single family home (1, 822 sqft). This was purchased in September 2021, located in North Carolina. The current market value of the home is $293,100
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $14, 944 and annual rent is $20, 340 ($1, 695 a month).