Updated about 3 years ago on .
Buy and Hold Short Term Rental (BRRRR)
Investment Info:
Condo buy & hold investment.
Purchase price: $675,000
Cash invested: $135,000
Contributors:
Carson McGee
This is a 1bd/1ba single family home (650 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 $25, 875 and annual rent is $88, 695 ($7, 391 a month).