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Royal LePage
Royal LePage
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$137,900

221 700 Battleford TRAIL, Swift Current, Saskatchewan, S9H 4V9

QuickQuoteTM: Not Available
MLS® # SK971391

2 Beds

1 Bath

Property Information:

Conbdo available for immediate possession. (id:27)

Building Features:

  • Style: Apartment
  • Building Type: Apartment
  • Air Conditioning: Yes
  • Architectural Style:
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: Window air conditioner
  • Appliances: Washer, Refrigerator, Dryer, Stove

Property Features:

  • OwnershipType: Condominium/Strata
  • Property Type: Single Family
  • Bedrooms: 2
  • Bathrooms: 1
  • Built in: 2010
  • Community Features: Pets Allowed With Restrictions
  • Condo Fees: $200 Monthly
  • Features: Balcony
  • Parking Type: Surfaced, Parking Spaces
  • No. of Parking Spaces: 4

Rooms:

  • Kitchen Main Level 8'4" x 10'
  • Living Main Level 10' x 10'
  • Breakfast Main Level 9' x 5'
  • Bedroom Main Level 10' x 10'10"
  • Bedroom Main Level 10' x 9'6"
  • Bathroom Main Level 9' x 5'
  • Other Main Level 6'10" x 4'

Courtesy of: RE/MAX of Swift Current

REALTOR.ca  

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Potential Investment Performance

Cumulative ROI

95.8%

Cumulative Market Appreciation

$16,604

Net Operating Income in Year 5

$9,896

Cash on Cash Return in Year 5

7.5%

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
%
$27,580
Mortgage Amount $110,320
Mortgage Payment
%
$572

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,141
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $424
Net Operating Income $716
Debt Service
Mortgage Payment $572
Net Cash Flow $144

Cap Rate

6.24%

Acquistion Costs

Down Payment $27,580
Land Transfer Tax $387
Legal Fees $1,500
Adjustments $0
Appraisal $500
Total Acquisition Costs $29,967

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Down Payment $27,580 - - - - - - - - -
Closing Costs $2,387 - - - - - - - - -
Mortgage Paydown $1,716$1,798$1,885$1,976$2,071$2,170$2,274$2,384$2,498$2,618
Total $31,683$1,798$1,885$1,976$2,071$2,170$2,274$2,384$2,498$2,618
Cash Invested $31,683$33,482$35,367$37,343$39,414$41,585$43,860$46,244$48,743$51,362
Rental Cash Flows
Rent and other income $13,693$14,104$14,527$14,963$15,412$15,875$16,351$16,841$17,347$17,867
Operating Expenses -$5,095-$5,211-$5,330-$5,452-$5,576-$5,704-$5,834-$5,968-$6,104-$6,244
Mortgage Payment -$6,868-$6,868-$6,868-$6,868-$6,868-$6,868-$6,868-$6,868-$6,868-$6,868
Net Cash Flow $1,729$2,024$2,328$2,642$2,967$3,302$3,648$4,005$4,373$4,754
Returns
Property Price Appreciation $3,171$3,244$3,319$3,395$3,473$3,553$3,635$3,718$3,804$3,891
Mortgage Paydown $1,716$1,798$1,885$1,976$2,071$2,170$2,274$2,384$2,498$2,618
Net Cash Flow $1,729$2,024$2,328$2,642$2,967$3,302$3,648$4,005$4,373$4,754
Total Return $6,617$7,067$7,533$8,014$8,512$9,026$9,558$10,108$10,676$11,264
Cumulative Return $6,617$13,685$21,218$29,233$37,745$46,771$56,330$66,438$77,115$88,380
Investment Metrics
Cumulative ROI 20.9% 40.9% 60.0% 78.3% 95.8% 112.5% 128.4% 143.7% 158.2% 172.1%
Cash On Cash 5.5% 6.0% 6.6% 7.1% 7.5% 7.9% 8.3% 8.7% 9.0% 9.3%
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Market Price Trends

All Properties

-1.45%

Price change (1 year)

32.7%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 221 700 Battleford TRAIL, Swift Current, Saskatchewan, S9H 4V9

Demographic Information of 221 700 Battleford TRAIL, Swift Current, Saskatchewan, S9H 4V9

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$158,500.00

Average Number of Children

1.90

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.07 %

High school certificate or equivalent

30.66 %

Apprenticeship trade certificate/diploma

9.04 %

College/non-university certificate

21.6 %

University certificate (below bachelor)

1.51 %

University Degree

24.12 %

Commuter

Travel To Work

By Car

99.15 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

0.85 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent

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