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ACTIVEsingle familyvia mls

6471 Mo-13

Lampe, MO, 65681

0 bd1 ba1,434 sqftBuilt 2016

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60337160

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List price

$425,000

$296/sqft

Listing description
Lake life, room to grow, and serious flex space come together at 6471 State Highway 13 in Lampe, MO! Conveniently located just south of Kimberling City with 230+/- feet of prime Highway 13 frontage, right next to the busy H Hwy corridor, with easy access to Branson West, Table Rock Lake, marinas, boat launches, shopping, dining, and everyday conveniences, this unique property sits on approx. 1.75+/- flat acres. Built in 2016 and previously used as a business, the spacious metal building offers incredible versatility for the next owner. The 1,434SF large living/flex area is a blank canvas ready to customize and currently features finished concrete flooring, kitchenette, and 3/4 bath.Bring the boat, camper, classic cars, work trucks, and lake toys! The impressive 16' x 60' shop/garage offers approx. 960 sq ft of open space, while the drive-through design and 14' door make maneuvering larger vehicles and equipment a breeze. Above, the 23' x 60' loft provides approx. 1,380 sq ft of additional storage with potential for future finished space as your needs grow. Additional features include closed-cell insulation, concrete floors, 30-amp service, and covered parking ideal for a camper, RV, or fishing boat.With usable acreage, abundant storage, flexible space, and room for future growth, this is your opportunity to create a customizable home base, workspace, hobby shop, or combination of uses near Table Rock Lake. Bring your vision and make this your Ozarks lake-life headquarters!
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

-$1,941

Cap rate (all-in)

0.8%

Cash-on-cash

-17.2%

DSCR

0.14

Est. annual revenue$11,261
Property tax($4,250)
Insurance($1,700)
Utilities($0)
HOA($0)
Management($901)
Maintenance reserve($563)
Total operating expenses($7,414)
Net operating income$3,847
Down payment$85,000
Renovation budget$50,190
Total cash invested$135,190
All-in cost$475,190
Loan amount$340,000
Monthly payment (P&I)$2,262.03
Annual debt service($27,144)
Annual cash flow-$23,297

This listing reads as a fixer, so we seeded a rough renovation budget to keep the cap rate honest — the low list price isn't a bargain if it needs work. It's only an estimate; replace it with a contractor bid to see your real return.

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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.

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.

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