Updated about 3 years ago on .
Buy and Hold Long Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $245,000
Cash invested: $49,000
Contributors:
Carson McGee
This is a 3bd/2ba single family home (1, 605 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, 513 and annual rent is $20, 940 ($1, 745 a month).