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ACTIVEsingle familyvia mls

70 Spirit Lane

Cape Fair, MO, 65624

2 bd2 ba1,666 sqftBuilt 1972

Listing courtesy of EXP Realty, LLC. · (816) 982-5990 · MLS# SOM60322394

List price

$284,900

$171/sqft

Listing description
Welcome to this beautifully maintained Cape Fair home, with a lake view, full of comfort, charm, and endless possibilities in a peaceful lake community! Featuring 2 bedrooms plus a non-conforming 3rd bedroom, this home offers flexible space perfect for guests, a home office, or hobby room.Inside, you'll love the character throughout, gorgeous solid oak kitchen cabinets, and a spacious walk-in pantry. Major updates include a new roof installed in December 2023 and a new HVAC system in 2022, giving you peace of mind for years to come. For added convenience, the washer, dryer, and refrigerator are all included--making this home truly move-in ready.The basement offers incredible potential for future use--whether you envision a cozy family room, workshop, game room, fitness area, or additional storage, there's plenty of space to make it your own.Step outside to enjoy the fenced backyard, ideal for pets, play, gardening, or entertaining. A detached one-car garage adds everyday convenience, while the additional vacant lot included with the property creates exceptional investment potential--build another home to sell, add a guest house, or simply enjoy the extra privacy and space.Located in the heart of Cape Fair, you'll appreciate the quiet setting, seasonal lake views, and close proximity to Flat Creek Restaurant and Bridgeport Public Access for easy lake access.Clean, well-cared for, and full of opportunity, this property is an excellent choice for those looking to downsize, purchase their first home, invest in real estate, or enjoy lake community living. With its unique combination of updates, inclusions, extra land, and future potential, this one is truly a must-see!
Financial analysis

Adjust the assumptions to see live results. Defaults are Branson-area estimates and will be refined with local data.

Short-term rentals aren't permitted here, so this is underwritten as a long-term rental — monthly rent and vacancy instead of nightly rate and occupancy.

Monthly cash flow

-$809

Cap rate

3.0%

Cash-on-cash

-17.0%

DSCR

0.47

Est. annual revenue$14,451
Property tax($2,849)
Insurance($1,140)
Utilities($0)
HOA($100)
Management($1,156)
Maintenance reserve($723)
Total operating expenses($5,967)
Net operating income$8,484
Down payment$56,980
Loan amount$227,920
Monthly payment (P&I)$1,516.36
Annual debt service($18,196)
Annual cash flow-$9,712

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Projections and scores are estimates for informational purposes only — not financial, investment, tax, or legal advice. Branson-area defaults are starting points; confirm local rules, rates, and revenue before making any decision.

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