Buy and Hold Long Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $250,000
Cash invested: $50,000

Contributors:
Carson McGee

This is a 3bd/2.5ba single family home (1, 357 sqft). This was purchased in October 2021, located in North Carolina. The current market value of the home is $300,700

The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $14, 933 and annual rent is $20, 340 ($1, 695 a month).