Updated about 3 years ago on .
Buy and Hold Short Term Rental (BRRRR)
Investment Info:
Condo buy & hold investment.
Purchase price: $1,100,000
Cash invested: $220,000
Contributors:
Carson McGee
This is a 2bd/2ba single family home (950 sqft). This was purchased in March 2022, located in Hawaii. The current market value of the home is $1,100,000
The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $31, 400 and annual rent is $164, 200 ($13, 688 a month).