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ACTIVEcondovia mls

169 Highland Drive, Unit 3 Building 59

Branson, MO, 65616

2 bd2 ba1,151 sqftBuilt 1994

Listing courtesy of White Magnolia Real Estate LLC · (417) 544-0411 · MLS# SOM60333014

List price

$238,000

$207/sqft

Listing description
No Stairs, No Compromises -- Welcome to The Oasis at Pointe Royale!Walk right in and feel at home in this beautifully appointed 2-bedroom, 2-bath ground-floor condo located in the highly sought-after gated community of Pointe Royale Golf Village. With NO STEPS, easy walk-in access, and wide interior doorways throughout most of the unit, The Retreat offers a wonderful combination of comfort, convenience, and upscale Branson living.This fully furnished and elegantly appointed condo is designed to make you feel at home from the moment you arrive. The spacious primary suite features a king-size bed, private en-suite bath, walk-in shower, and double vanity. The second bedroom also offers a king-size bed with an adjacent full bath. Both bedrooms feature comfortable, high-quality mattresses, stylish furnishings, flat-screen TVs, and convenient USB charging stations. Enjoy the added convenience of secure keypad entry and a Ring doorbell, with a comfortable floor plan that's perfect for a vacation getaway, full-time residence, or investment opportunity. And then there's the Pointe Royale lifestyle! Owners & guests enjoy an impressive selection of resort-style amenities, including a championship golf course, clubhouse and restaurant, indoor and outdoor swimming pools, hot tub, fitness center, tennis and pickleball courts, walking trails, playground, & access to Lake Taneycomo.Best of all, you're tucked inside a beautiful gated golf community while remaining just minutes from Branson's shows, entertainment, shopping, dining, Table Rock Lake, and area attractions.Whether you're searching for your own Branson getaway, an investment property, or an easy-access place to call home, The Retreat checks all the boxes with two king bedrooms, ground-floor convenience, beautiful furnishings, fantastic amenities and more. 2 condos just steps apart can be rented individually or together as a 4-br, 4-ba package sleeping up to 12 guests--ideal for larger groups. Previous Owner Success
Financial analysis

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

Monthly cash flow

-$215

Cap rate

5.3%

Cash-on-cash

-5.4%

DSCR

0.83

Est. annual revenue$33,288
Stays / year58
Property tax($1,573)
Insurance($1,190)
Utilities($3,000)
Electricity($120)
Water($25)
Sewer($20)
Trash($25)
Internet / cable($60)
HOA($0)
Management($6,658)
Maintenance reserve($1,664)
Cleaning($5,256)
Lodging / tourism tax($1,332)
Total operating expenses($20,672)
Net operating income$12,616
Down payment$47,600
Loan amount$190,400
Monthly payment (P&I)$1,266.74
Annual debt service($15,201)
Annual cash flow-$2,585
Break-even occupancy54.8%

The listing says the association dues cover some utilities but doesn't report the dues amount, so we've kept those utilities owner-paid rather than credit them against unknown dues. Once you confirm the dues, the covered utilities net out.

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