Buy and Hold Short Term Rental (BRRRR)

[Albert Tsao]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $520,000
Cash invested: $104,000

Contributors:
Carson McGee

This is a 5bd/3ba single family home (3, 224 sqft). This was purchased in July 2020, located in California. The current market value of the home is $2,350,000

The property has recently been cash-out refinanced to access equity and scale. The current annual PITI is $106, 532 and annual rent is $34, 212 ($2, 851 a month).