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ACTIVEcondovia mls

150 Sunken Forest Dr. 8-206

Forsyth, MO, 65653

2 bd2 ba1,373 sqftBuilt 1994

Listing courtesy of Murney Associates - Nixa · (417) 724-2300 · MLS# SOM60315994

List price

$185,000

5% price cut$194,000

$135/sqft

Listing description
Rare, OVERSIZED GARDEN-LEVEL 2Br/2Ba WALK-IN patio condo that feels exceptionally roomy thanks to its 1373 SF of beautifully updated living space, its floor to ceiling bay window, French doors to patio, an abundance of natural light without hot direct sun, panoramic views of complex, peekaboo lake view and lush surrounding foliage. Enjoy a short, level walk to Private Garage, Reserved Parking Space and swimming pool #3. Step inside to find a welcoming living room with beautiful bay window, open dining area and well-equipped, updated kitchen with service bar. The kitchen offers solid wood cabinetry, gorgeous Quartz countertops, elevated appliances including Maytag Gemini Double Oven Range, Maytag Refrigerator and custom oversized undermounted sink, large pantry cupboard and a custom coffee bar. You won't believe the amount of storage this condo offers! Follow its center hallway to find a guest bedroom with glass doors to patio, updated 3/4 guest bath with step-in shower, expansive laundry room, and storage closets galore. Tucked away at the end of the hall you'll find a spacious master suite with large full bath adorned in custom tile and finishings, jetted tub with shower, oversized vanity, and ENORMOUS walk-in closet. Master bedroom enjoys peaceful views and natural light through French doors that access its own front patio. Tastefully updated lighting and bathroom fixtures throughout. Cozy, energy-efficient unit that offers a unique floorplan. Well-loved and established perennial gardens await your green thumb! Peaceful lakefront community that offers 3 swimming pools, community fishing dock, evening fire pit, and plenty of places to enjoy the lake from. Conveniently close shops and restaurants and just a short drive to Branson attractions. If you're ready to relax and unwind without the chaos of vacation rentals around you, Taneycomo Terrace of Forsyth may be exactly what you're looking for. Don't wait! Come see what you've been missing!
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

-$369

Cap rate

4.0%

Cash-on-cash

-12.0%

DSCR

0.63

Est. annual revenue$14,451
Property tax($997)
Insurance($740)
Utilities($0)
HOA($3,444)
Management($1,156)
Maintenance reserve($723)
Total operating expenses($7,060)
Net operating income$7,392
Down payment$37,000
Loan amount$148,000
Monthly payment (P&I)$984.65
Annual debt service($11,816)
Annual cash flow-$4,424

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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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