ACTIVEcondovia mls

5 Woodpecker Lane, Unit 2

Branson, MO, 65616

2 bd2 ba864 sqftBuilt 1993

Listing courtesy of Weichert, Realtors-The Griffin Company · (417) 338-4500 · MLS# SOM60288698

List price

$229,000

$265/sqft

Listing description

Imagine Living where YOU CAN WALK TO THE LAKE RIGHT BEHIND THE CONDO! Watch the video! Great Location about 5 MINUTES FROM SILVER DOLLAR CITY or the MARINA at Indian Point. Please see the LIST OF UPGRADES made in 2024 included in the photos among which is a new AC unit, new furniture, dishes, fixtures and more!.. Oh yes! 3 new smart TVs! Relax on your covered back porch near the lake and woods and cook out on the new electric grill. This is an income producing property, but you are allowed to live there if you like. About fifteen minutes to the 76 Strip in Branson! This is a highly sought after area for rentals, and this condo is truly turnkey with no work for you to do! I just put the end of the year bookings and financials in the photos.

Financial analysis

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

Monthly cash flow

-$757

Cap rate

2.4%

Cash-on-cash

-19.8%

DSCR

0.38

Purchase price

Down payment %

Interest rate %

Renovation budget

Nightly rate (ADR)

Occupancy %

Mgmt fee %

Lodging tax %

Est. annual revenue$28,207

Stays / year58

Property tax($1,122)

Insurance($1,145)

Utilities($2,460)

Electricity($120)

Water($25)

Sewerin HOA dues

Trashin HOA dues

Internet / cable($60)

HOA($4,500)

Management($5,641)

Maintenance reserve($1,410)

Cleaning($5,256)

Lodging / tourism tax($1,128)

Total operating expenses($22,663)

Net operating income$5,544

Down payment$45,800

Loan amount$183,200

Monthly payment (P&I)$1,218.83

Annual debt service($14,626)

Annual cash flow-$9,082

Break-even occupancy77.5%

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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.