Assuming HECOC is a short tern solution.
75 loan% with 4.25 rate.
| 190000 | ||
| Rent | $2,159.00 | 142500 |
| $300 | 4.25% | |
| Loan | $701.01 | 47500 |
| insurance | $80.00 | |
| tax | $197.92 | |
| mgr fee | $129.54 | |
| cost | $1,408 | |
| repair | ||
| Profit | $750.53 | |
| Net return | 18.96% |
With all cash:
| 190000 | |
| $2,159.00 | 0 |
| $300 | 4.25% |
| $- | 190000 |
| $80.00 | |
| $197.92 | |
| $129.54 | |
| $707 | |
| $1,451.54 | |
| 9.17% |