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ACTIVEsingle familyvia mls

99 Merlot Circle

Lampe, MO, 65681

3 bd3 ba2,497 sqftBuilt 2007

Listing courtesy of Souvenir Realty, Inc. · (417) 245-0023 · MLS# SOM60333695

List price

$725,000

$290/sqft

Listing description
Lake life will bring a smile to your face every day! This 2007 ALL BRICK 2x6 constructed Custom-Built Table Rock Lake Home has 3 Bedrooms, 2-1/2 Baths, NOT ONE SINGLE STEP in the entire one-level Home featuring 2,974 Sq. Ft. of Living Area with tinted rollout 6 ft. Anderson windows, extra-wide doorway and hallways. 1,600+ Sq. Ft. of Garage Space in the 4-Car attached Garage with a Workshop and 2 entry doors, complete with heating & cooling, a 240 ACV outlet for use with a welder, two electric hoists with the ceiling reinforced to accommodate the extra load, equipped with stereo speakers and volume controls. 9 ft. ceilings and the Attic is accessed with an attached ladder for amazing storage! The main living area has 992 Sq. Ft. of living space which is a spacious open floor plan of comfort! It includes a Wet Bar set back in an alcove and has beautiful custom ash cabinetry and a built-in ice maker. Flooring is wood. Great blinds on all windows. Stellar lake views from the back windows. Hearth Room area with a floor-to-ceiling Stone Fireplace to enjoy on those chilly autumn and winter nights. A stellar Kitchen with an Island and a Peninsula, custom ash cabinetry, and very unique Granite Countertops throughout the Home. Roofing, HVAC and Water Heater are only two years old for your peace of mind. Generac Whole House Generator for great confidence in living in the Country and a FEMA approved 6x8 Storm Shelter. Only a short stroll away is the Boat Dock with a Swim Platform where the Owner will sell you her 10x28 Boat Slip and a Boat Locker for an additional $70,000! Located in Lampe, MO close to Dogwood Canyon, Big Cedar Lodge, Top of the Rock Destination Golf Course and Restaurant, Branson Landing, numerous Theatres, Silver Dollar City, Eureka Springs, etc.Every day will seem like a play day filled with new adventures for your friends, guests, and family! THERE IS NO SIGN ON PROPERTY.
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

-$2,985

Cap rate

1.5%

Cash-on-cash

-24.7%

DSCR

0.23

Est. annual revenue$18,867
Property tax($2,580)
Insurance($2,900)
Utilities($0)
HOA($450)
Management($1,509)
Maintenance reserve($943)
Total operating expenses($8,382)
Net operating income$10,485
Down payment$145,000
Loan amount$580,000
Monthly payment (P&I)$3,858.75
Annual debt service($46,305)
Annual cash flow-$35,820

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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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