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ACTIVEsingle familyvia mls

154 Deep Water Circle

Reeds Spring, MO, 65737

2 bd2 ba798 sqftBuilt 2003

Listing courtesy of Hustle Back Realty · (417) 322-9082 · MLS# SOM60334959

List price

$270,000

$338/sqft

Listing description
Welcome to lakefront Edgewater Villa Resort! This furnished 2-bedroom, 2-bath half-duplex on Table Rock Lake offers plenty of possibilities. The comfortable layout provides an inviting living space for family, friends, or vacation guests, with everything you need to start enjoying the lake lifestyle right away. The location is what truly sets this property apart. Situated just steps from the shoreline, you'll enjoy beautiful Table Rock Lake views, peaceful Ozark surroundings, and an easy walk to the water. Spend your mornings fishing, afternoons boating, and evenings relaxing on the partially covered deck while taking in the lake scenery. With two bedrooms and two full bathrooms, there's plenty of space to comfortably accommodate 4+ guests. The property is being offered furnished and has been used for nightly rentals, giving you the flexibility to continue as an investment or enjoy it as your own personal lake retreat. New roof will be installed by seller at seller's cost. Per Corps of Engineers regulations, the slip is for owner use and cannot be rented to guests. Community amenities include an in-ground swimming pool, covered gathering pavilion, playground, shuffleboard, and shoreline areas to enjoy. HOA dues cover water/sewer, trash, landscaping, roads, and maintenance of common areas. Boating enthusiasts can purchase a nearby 10' x 24' boat slip for an additional $57,000. Per Corps of Engineers regulations, the slip is for owner use and cannot be rented to guests. Kimberling City is just minutes away, with Branson and Silver Dollar City within convenient driving distance. By water, enjoy easy access to restaurants, marinas, fishing spots, and peaceful coves. Additional cabins, duplexes, and a 7-unit condo building may also be available. Whether you're looking for a weekend escape, vacation rental, or your own place near the water, this Table Rock Lake property offers a great combination of location, flexibil
Financial analysis

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

Monthly cash flow

-$311

Cap rate

5.0%

Cash-on-cash

-6.9%

DSCR

0.78

Est. annual revenue$39,245
Stays / year58
Property tax($2,700)
Insurance($1,350)
Utilities($2,160)
Electricity($120)
Waterin HOA dues
Sewerin HOA dues
Trashin HOA dues
Internet / cable($60)
HOA($2,880)
Management($7,849)
Maintenance reserve($1,962)
Cleaning($5,256)
Lodging / tourism tax($1,570)
Total operating expenses($25,727)
Net operating income$13,518
Down payment$54,000
Loan amount$216,000
Monthly payment (P&I)$1,437.05
Annual debt service($17,245)
Annual cash flow-$3,727
Break-even occupancy55.9%

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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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