Updated about 3 years ago on .
Buy and Hold Long Term Rental (BRRRR)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $666,000
Cash invested: $133,200
Contributors:
Carson McGee
This is a 8bd/5ba single family home (3, 909 sqft). This was purchased in November 2021, located in Florida. The current market value of the home is $854,200
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $48, 266 and annual rent is $105, 000 ($8, 750 a month).