ACTIVEsingle familyvia mls

293 Millers Bend

Rockaway Beach, MO, 65740

2 bd1 ba960 sqftBuilt 1987

Listing courtesy of Sherrell Realty & Assoc., LLC · (417) 699-9100 · MLS# SOM60328763

List price

$179,000

$186/sqft

Listing description

This charming 2 bedroom cottage has been freshly remodeled with premium materials and appliances. The Bruce hardwood flooring is a showstopper, gleaming under all new light fixtures. The kitchen lighting sports a little bling and accompanies new high end appliances and cabinets. What else is new? Insullation, roof, windows, drywall, mini splits, water heater, flooring, appliances, lighting, siding and even privacy surround on the expansive covered porch! Nothing was left unattended, allowing you to enjoy the simple pleasures of the Ozarks, like fishing, boating and all of the naerby activities and entertainment. This one is ready for full time living or a weekend retreat!

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

-$114

Cap rate

5.6%

Cash-on-cash

-3.8%

DSCR

0.88

Purchase price

Down payment %

Interest rate %

Renovation budget

Monthly rent

Vacancy %

Mgmt fee %

Est. annual revenue$14,451

Property tax($1,790)

Insurance($716)

Utilities($0)

HOA($0)

Management($1,156)

Maintenance reserve($723)

Total operating expenses($4,385)

Net operating income$10,067

Down payment$35,800

Loan amount$143,200

Monthly payment (P&I)$952.71

Annual debt service($11,433)

Annual cash flow-$1,366

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Talk to a Branson STR expert

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.