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ACTIVEmanufacturedvia mls

66 South Street

Cape Fair, MO, 65624

2 bd2 ba1,096 sqftBuilt 1986

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60333732

List price

$325,000

$297/sqft

Listing description
Welcome to 66 South Street in Cape Fair--your very own Beach Cottage on the Lake! Recently reimagined and lovingly renovated within the past five years, this charming 2-bedroom, 2-bath lake home captures the relaxed feel of a seaside cottage while offering the beauty and recreation of Table Rock Lake right outside your door. Breathtaking lake views are everywhere you look with water vistas from the windows, screened porch, outdoor deck, and even the incredible crow's nest deck perched on top of the home!Designed for easy lake living and memorable gatherings, this home features a warm, inviting interior with numerous updates, including newer appliances and beautiful wood decking. The screened porch is an outdoor living room all its own, featuring screening beneath the floorboards to help keep unwanted bugs out, while Coolaroo shades provide both privacy and protection from the sun.Need additional sleeping space? The bunk room comfortably sleeps up to six, making this the perfect setup for family and friends to enjoy weekends and extended lake stays together.Situated on a flat double lot, the property offers plenty of room to enjoy the outdoors. Walk to the dock located directly in front of the home, where a 9' x 28' boat slip with lift is available for additional $$$--putting your boat conveniently close and your lake adventures just steps away.And when you're ready to explore beyond the lake, you'll love the convenient location with easy access to local restaurants, Branson, Reeds Spring, and all the shopping, dining, entertainment, and amenities the area has to offer. With outdoor living spaces on the front, rear, and top of the home, this property truly embraces the lake lifestyle.
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

-$1,501

Cap rate

0.8%

Cash-on-cash

-27.7%

DSCR

0.13

Est. annual revenue$8,379
Property tax($3,250)
Insurance($1,300)
Utilities($0)
HOA($0)
Management($670)
Maintenance reserve($419)
Total operating expenses($5,639)
Net operating income$2,740
Down payment$65,000
Loan amount$260,000
Monthly payment (P&I)$1,729.79
Annual debt service($20,757)
Annual cash flow-$18,017

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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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