No. It’s 550 but the seller is motivated and it will sell for a great price. The income on Casa Linda properties is roughly 100 USD per bedroom per night. This one is a cash cow.
No. Most of the income comes from rentals agencies but 150K is closer to the total net, based on 70% occupancy. This unit will gross closer to $100 per bedroom, per night.
Not a chance this place is grossing $150K. More like $75K which would be generous at 50% occupancy at the normal rate of $400 a night. Pool, garden, housekeeping, community, power, water, cable, wifi, insurance. Management, commissions, bank fees... Maintenance... Replacing a TV or the AC... At best you would have between 30-40% of the gross. a little less than 5% ROI, not bad. Oh... You need a mortgage?
@@BuyingDominicanRepublic I am just being realistic based on actual revenues and costs of operating a house in Casa Linda. It’s a nice place, there is no need to inflate the numbers to entice a potential purchaser. Your vendor may not be giving you the true picture.
Lovely place 🌴
It was!
Nhà đẹp.
I like how the kitchen is separate.. I don't like kitchens in living room!
Thanks for interacting.
What is the sale price for this property
550K USD
Are you saying that this house is for sale at 150k? Unbelievable!!
No. It’s 550 but the seller is motivated and it will sell for a great price. The income on Casa Linda properties is roughly 100 USD per bedroom per night. This one is a cash cow.
How much?
550,000 USD is the list price.
Then why would u sell it , come on man
They are retiring and buying a condo for themselves, to live in.
150k income, is this from airbnb?
No. Most of the income comes from rentals agencies but 150K is closer to the total net, based on 70% occupancy. This unit will gross closer to $100 per bedroom, per night.
@@BuyingDominicanRepublic How is it possible that the rental agencies acheive this figure? any evidence?
Not a chance this place is grossing $150K. More like $75K which would be generous at 50% occupancy at the normal rate of $400 a night. Pool, garden, housekeeping, community, power, water, cable, wifi, insurance. Management, commissions, bank fees... Maintenance... Replacing a TV or the AC... At best you would have between 30-40% of the gross. a little less than 5% ROI, not bad. Oh... You need a mortgage?
Now do the math at 600 per night and 90+% occupancy. Thanks, I have a lender.
@@BuyingDominicanRepublic I am just being realistic based on actual revenues and costs of operating a house in Casa Linda. It’s a nice place, there is no need to inflate the numbers to entice a potential purchaser. Your vendor may not be giving you the true picture.
Ok… I read this wrong. Lol. Fake news. Lol