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$219,000

190 Prairie Sun COURT, Swift Current Rm No. 137, Saskatchewan, S9H 3X6

QuickQuoteTM: Not Available
MLS® # SK996654

3 Beds

2 Baths

Property Information:

Enjoy the convenience of being only a few minutes from all amenities but yet in a quieter end of the city tucked on the easternmost edge - just outside of Prairie Sun Court. This attractive 2018 modular home hosts a fenced yard, two decks and lots of parking space outside, while the inside offers many of its own features. Stepping inside the main door you will enter a practical and welcoming mudroom-style porch with a corner cabinet, while immediately to your left is a laundry & utility room. Also on this end of the home is the spacious primary bedroom with a walk-in closet and a luxurious, private 5-piece ensuite. The color palette is a calming neutral with some great contrast such as the white double-vanity with a black countertop, balanced by vinyl-plank-style lino floors. The main area is a comfortable open concept with a modern kitchen which features beautiful white cabinetry, stainless steel appliances, a large island with a double sink, beverage fridge, dishwasher, and elegant pendant lighting overhead. The dining room beside can easily host a large table, and patio doors here lead out to the deck where you can place your BBQ and enjoy many mornings with a hot drink while taking in a prairie view. The living room features a corner electric fireplace and large windows facing south, allowing in gorgeous and cheerful sunlight throughout most of the day. The northern windows are thoughtfully set high and horizontal, allowing in light but providing privacy. Just on the other side of the living room there is a secondary entrance which leads to another deck, there is a storage cabinet directly inside the tidy entrance, and further yet there are two more bedrooms as well as a spacious 4-piece main bathroom. Water, sewage and garbage pickup is included in lot fees. Call for more info or to book your own personal showing! (id:27)

Building Features:

  • Style: Detached
  • Building Type: Building Type
  • Architectural Style: Bungalow
  • Fireplace Fuel: Electric
  • Fireplace Type: Conventional
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning, Air exchanger
  • Appliances: Washer, Refrigerator, Dishwasher, Dryer, Microwave, Oven - Built-In, Window Coverings, Hood Fan, Stove

Property Features:

  • OwnershipType: Leasehold
  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 2
  • Built in: 2018
  • Fence Type: Fence
  • Landscape Features: Lawn, Underground sprinkler
  • Structure Type: Deck
  • Parking Type: Gravel, Parking Spaces
  • No. of Parking Spaces: 10

Rooms:

  • Kitchen Main Level 4.95 m x 5.66 m
  • Living Main Level 4.24 m x 5.66 m
  • Porch Main Level 3.05 m x 1.83 m
  • Primary Bedroom Main Level 3.66 m x 4.55 m
  • Bathroom Main Level 2.54 m x 3.20 m
  • Bathroom Main Level 1.83 m x 2.74 m
  • Bedroom Main Level 3.05 m x 3.35 m
  • Bedroom Main Level 3.05 m x 3.05 m
  • Laundry Main Level 1.91 m x 3.10 m

Convert Measurement to:


Courtesy of: eXp Realty

REALTOR.ca  

Potential Investment Performance

Cumulative ROI

88.3%

Cumulative Market Appreciation

$19,845

Net Operating Income in Year 5

$15,721

Cash on Cash Return in Year 5

7.7%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$43,800
Mortgage Amount $175,200
Mortgage Payment
%
$909

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,602
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Total Operating Expenses $455
Net Operating Income $1,146
Debt Service
Mortgage Payment $909
Net Cash Flow $237

Cap Rate

6.28%

Acquistion Costs

Down Payment $43,800
Land Transfer Tax $0
Legal Fees $1,500
Adjustments $0
Appraisal $500
Total Acquisition Costs $45,800

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Down Payment $43,800 - - - - - - - - -
Closing Costs $2,000 - - - - - - - - -
Mortgage Paydown $2,725$2,856$2,994$3,138$3,289$3,447$3,612$3,786$3,968$4,159
Total $48,525$2,856$2,994$3,138$3,289$3,447$3,612$3,786$3,968$4,159
Cash Invested $48,525$51,382$54,377$57,515$60,804$64,251$67,864$71,650$75,618$79,778
Rental Cash Flows
Rent and other income $19,228$19,804$20,399$21,011$21,641$22,290$22,959$23,648$24,357$25,088
Operating Expenses -$5,468-$5,604-$5,742-$5,884-$6,030-$6,180-$6,333-$6,491-$6,652-$6,818
Mortgage Payment -$10,908-$10,908-$10,908-$10,908-$10,908-$10,908-$10,908-$10,908-$10,908-$10,908
Net Cash Flow $2,850$3,292$3,747$4,217$4,702$5,201$5,717$6,248$6,796$7,361
Returns
Property Price Appreciation $3,832$3,899$3,967$4,037$4,107$4,179$4,252$4,327$4,403$4,480
Mortgage Paydown $2,725$2,856$2,994$3,138$3,289$3,447$3,612$3,786$3,968$4,159
Net Cash Flow $2,850$3,292$3,747$4,217$4,702$5,201$5,717$6,248$6,796$7,361
Total Return $9,409$10,048$10,709$11,393$12,099$12,828$13,582$14,362$15,167$16,000
Cumulative Return $9,409$19,457$30,167$41,561$53,660$66,488$80,071$94,433$109,601$125,601
Investment Metrics
Cumulative ROI 19.4% 37.9% 55.5% 72.3% 88.3% 103.5% 118.0% 131.8% 144.9% 157.4%
Cash On Cash 5.9% 6.4% 6.9% 7.3% 7.7% 8.1% 8.4% 8.7% 9.0% 9.2%
QuickQuoteTM Powered by RPS

Location of 190 Prairie Sun COURT, Swift Current Rm No. 137, Saskatchewan, S9H 3X6

Demographic Information of 190 Prairie Sun COURT, Swift Current Rm No. 137, Saskatchewan, S9H 3X6

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$132,000.00

Average Number of Children

2.00

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.64 %

High school certificate or equivalent

34.85 %

Apprenticeship trade certificate/diploma

12.88 %

College/non-university certificate

21.97 %

University certificate (below bachelor)

1.52 %

University Degree

15.15 %

Commuter

Travel To Work

By Car

100.0 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.7 %

Houses

97.3 %

Own Vs. Rent