ACTIVEcondovia mls

2800 Green Mountain Drive Drive, Unit 111

Branson, MO, 65616

2 bd2 ba1,247 sqftBuilt 1998

Listing courtesy of ReeceNichols - Branson · (417) 335-5950 · MLS# SOM60313406

List price

$189,900

$152/sqft

Listing description

Ready to rent - or live in - a Re-Modeled 2 bed/ 2 Bath condo in Branson MO over 1200 sq ft with a killer covered/screened in Patio. Walk- out to ground level. Pool is right in front of the unit. View is of the golf course. These condos are close to the middle of the famous 76 Strip. You can manage your own rental or use Thousand Hills Vacation Management.A Great Income producing property- the work has been done and ready for you to rent. There is a lock-out bedroom unit for variety in rental options. Both have walk-in shower stalls.

Financial analysis

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

Monthly cash flow

-$527

Cap rate

3.1%

Cash-on-cash

-16.6%

DSCR

0.48

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($1,714)

Insurance($950)

Utilities($2,700)

Electricity($120)

Water($25)

Sewer($20)

Trashin HOA dues

Internet / cable($60)

HOA($3,600)

Management($5,641)

Maintenance reserve($1,410)

Cleaning($5,256)

Lodging / tourism tax($1,128)

Total operating expenses($22,400)

Net operating income$5,808

Down payment$37,980

Loan amount$151,920

Monthly payment (P&I)$1,010.73

Annual debt service($12,129)

Annual cash flow-$6,321

Break-even occupancy68.5%

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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.