ACTIVEsingle familyvia mls

183 Allaman Drive

Forsyth, MO, 65653

4 bd2 ba1,699 sqftBuilt 1972

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60327786

List price

$249,900

$147/sqft

Listing description

This home was built in 1972 BUT the home was recently renovated and almost everything is brand new. The home was gutted and all but rebuilt. New flooring. New Kitchen Cabinets. New bathrooms. New siding, gutters and soffits rolled with vinyl aluminum. New shingles. Numerous new windows. New deck. New porch lights. 90% of the drywall and ceilings are NEW. New interior and exterior doors. New ceiling fans and lights. New security lights. Significant wiring and outlet replacement. Added pex plumping to existing pvc. New central HVAC. Water Heater is approximately 12 years old. This home is located in downtown Forsyth. Walk to the post office, shopping. library etc. Upstairs include two bedrooms, coat closet, kitchen, bathroom, living room and the dining room leads to deck. Downstairs offers two bedrooms, one bathroom, family room, utility room, and a walk-out basement. Exterior offers long carport with built in shelving for storage and a extra exterior room to use as a workshop etc. This is a beautiful home well worth the money.

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

$66

Cap rate

6.7%

Cash-on-cash

1.6%

DSCR

1.05

Purchase price

Down payment %

Interest rate %

Renovation budget

Monthly rent

Vacancy %

Mgmt fee %

Est. annual revenue$23,272

Property tax($2,499)

Insurance($1,000)

Utilities($0)

HOA($0)

Management($1,862)

Maintenance reserve($1,164)

Total operating expenses($6,524)

Net operating income$16,748

Down payment$49,980

Loan amount$199,920

Monthly payment (P&I)$1,330.07

Annual debt service($15,961)

Annual cash flow$787

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Sydney Shepherd can confirm subdivision rules, HOA restrictions, and realistic revenue for this property.

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.

The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Keller Williams Tri-Lakes are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2019 Southern Missouri Regional MLS, LLC. All rights reserved.