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Off-market opportunityPosted 2 months ago

Beautiful Home With 3 Apartments in Puerto Plata

Toronto, ON M5H 2N2

Asking Price

$200,000

12

Beds

4

Baths

Not publicly listed. Surfaced by PrivateDeals from off-market and pre-market activity.

About this property

Puerto Plata, Dominican Republic Discover a fantastic opportunity with this beautiful house featuring three apartments, perfectly situated just 3 minutes from the beach! This property holds incredible potential for investors or those looking to live in one unit and rent out the others. Imagine enjoying 12 months of summer with the convenience of free beach access every day. With three separate apartments, this house offers flexibility and income-generating possibilities. It's a diamond, ready for your personal touch and likes. * **Location:** Close to the beach * **Units:** 3 apartments This could be your chance to own a slice of paradise with built-in rental income! Don't let this opportunity pass you by with the highest money exchange rate right now. First floor: apartment with 3 bedrooms and 2 bath, full kitchen, living and dining room, front and back terrace and carport. Second floor: 2 individual apartments with its seperate entrance. Each apartment has 1 bedroom and full bathroom, kitchen, living/dining room and balcony. Third floor: Roof terrace with ocean and mountain view. Ready to build 2 more apartments or a penthouse unit. No yearly property taxes. US $20,000 rent income can be higher with short term rentals. US 135,000 / Euro 120,000 / CAD 200,000 / 8,200.000 pesos

Opportunity analysis

Opportunity score

8 / 10

Recommended strategy

Rental

Automated estimate generated from listing data. Not a property valuation or investment advice.

Facts and features

Basement

string

Separate entrance

Yes

Mortgage calculator

Full calculator

20.0%

0%
20%
50%
100%

Monthly payment (principal + interest)

$1,072

Down payment

$40,000

Mortgage amount

$160,000

Rate · amortization

6.5% · 25 yrs

Canadian semi-annual compounding. Add CMHC & land transfer tax →

Cash flow analysis

Full rental analysis

/month

What it would rent for, all units combined

%

= $40,000 · linked to the mortgage calculator

/mo

Est. 1.2% of price a year

/mo

Repairs, condo fees

Monthly cash flow

NET / MOAdd the rent

Enter the rent to see if this home pays for itself.

Rent needed to break even

$1,272/mo

Mortgage (P+I)

−$1,072

Property tax

−$200

Asking Price

$200,000

Interested in this property?

Get full details, or a cash offer if you're the owner.

Or call (647) 333-0170

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