LiveEn Direct
Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Royal LePage
Royal LePage
Image 1
Image 2
Image 3
$135,000

322 700 Battleford TRAIL, Swift Current, Saskatchewan, S9H 4V9

QuickQuoteTM: $123K - $150K
MLS® # SK971384

2 Beds

1 Bath

Property Information:

excellent condo 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
  • 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 5' x 9'
  • Bedroom Main Level 10'10" x 10'
  • Bedroom Main Level 9'6" x 10'
  • Bathroom Main Level 5' x 9'
  • Laundry Main Level 8'6" x 9'
  • Other Main Level 4' x 6'10"

Courtesy of: RE/MAX of Swift Current

REALTOR.ca  

More Detail
Less Detail

Potential Investment Performance

Cumulative ROI

43.8%

Cumulative Market Appreciation

-$4,987

Net Operating Income in Year 5

$9,909

Cash on Cash Return in Year 5

8.2%

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
%
$27,000
Mortgage Amount $108,000
Mortgage Payment
%
$560

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 $423
Net Operating Income $717
Debt Service
Mortgage Payment $560
Net Cash Flow $157

Cap Rate

6.38%

Acquistion Costs

Down Payment $27,000
Land Transfer Tax $0
Legal Fees $1,500
Adjustments $0
Appraisal $500
Total Acquisition Costs $29,000

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Down Payment $27,000 - - - - - - - - -
Closing Costs $2,000 - - - - - - - - -
Mortgage Paydown $1,680$1,761$1,845$1,934$2,027$2,124$2,227$2,334$2,446$2,563
Total $30,680$1,761$1,845$1,934$2,027$2,124$2,227$2,334$2,446$2,563
Cash Invested $30,680$32,441$34,287$36,221$38,249$40,374$42,601$44,935$47,381$49,945
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 -$5,083-$5,199-$5,318-$5,439-$5,563-$5,690-$5,820-$5,954-$6,090-$6,230
Mortgage Payment -$6,724-$6,724-$6,724-$6,724-$6,724-$6,724-$6,724-$6,724-$6,724-$6,724
Net Cash Flow $1,885$2,180$2,485$2,799$3,124$3,459$3,805$4,163$4,532$4,912
Returns
Property Price Appreciation -$1,012-$1,004-$997-$989-$982-$975-$967-$960-$953-$946
Mortgage Paydown $1,680$1,761$1,845$1,934$2,027$2,124$2,227$2,334$2,446$2,563
Net Cash Flow $1,885$2,180$2,485$2,799$3,124$3,459$3,805$4,163$4,532$4,912
Total Return $2,553$2,937$3,333$3,744$4,169$4,609$5,065$5,536$6,024$6,530
Cumulative Return $2,553$5,490$8,824$12,569$16,738$21,348$26,413$31,950$37,975$44,505
Investment Metrics
Cumulative ROI 8.3% 16.9% 25.7% 34.7% 43.8% 52.9% 62.0% 71.1% 80.1% 89.1%
Cash On Cash 6.1% 6.7% 7.2% 7.7% 8.2% 8.6% 8.9% 9.3% 9.6% 9.8%
QuickQuoteTM Powered by RPS
Approximate value for 2 bed, 1 bath condo in this area is:
List Price
below Estimate List Price
above Estimate
List Price
QuickQuoteTM provides an estimated range of a property's current value and is based on recent historical data and neighbourhood sales. QuickQuoteTM may vary from the list price as a result of market dynamics, or if the property has changed substantially since its last sale. Click below to connect with an expert. By using QuickQuoteTM you acknowledge that you have read and agree to the Terms of Use and the Privacy Policy.

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 322 700 Battleford TRAIL, Swift Current, Saskatchewan, S9H 4V9

Demographic Information of 322 700 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

More Detail
Less Detail