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% |