$379,900 · Income property in Saskatchewan. Tenanted and cash flow positive!

Currently tenanted on fixed term contracts until august 31, 2021. We’ve been renting this sasktoon inner city 2016 property for 4 years with a 0% vacancy rate. If you’re looking for a positive cash flow investment ($1000+ a month) - and have cash for a down payment - this might be the time to buy! The property is located in Caswell hill - close to downtown and sask poly tech. It has 2 separate (legal) suites. Upstairs is 3 bed, 2.5 bath - rented for $1725 (tenants pay their own utilities) Basement is 2 bed, 1 bath - at single occupancy is rented for $780 (tenant pays own utilities). The property brings in $2505/month. If you’re an investor you’ll need 20% down - at current mortgage rates (assuming a 5 year fixed rate over 25 years) - mortgage is $1246. Here’s the math: + $2505 (rental income) - $1246 (mortgage) - $250 (property taxes) ————————————— $1009 of cash flow monthly. Message me for more details. We want to buy in a new market and need to free up some cash. We currently manage the property from BC with very little work.