ACTIVEcondovia mls

885 Knox Avenue, Unit 5

Hollister, MO, 65672

2 bd2 ba1,170 sqftBuilt 1978

Listing courtesy of ReeceNichols - Branson · (417) 335-5950 · MLS# SOM60317791

List price

$175,000

$150/sqft

Listing description

What A View!! Condos perched on top the hill in Hollister Missouri with a view of the Lake and the Landing. It is a spectacular View. It is also very close to all of the action in the area. Imagine viewing the Landing fireworks from this Perch.This 2 bedroom 1 & 1/2 bath condo is a delight.Recently renovated kitchen and bath give it a wonderful updated look. Fresh new carpeting and flooring are uplifting too- and then there is the view!! Both bedrooms are large and spacious.The 2 car detached carport is unusual for a condo.It is a little extra that makes a difference in everyday comforts. Take a look and see if this condo is for you!

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

-$238

Cap rate

4.8%

Cash-on-cash

-8.2%

DSCR

0.74

Purchase price

Down payment %

Interest rate %

Renovation budget

Monthly rent

Vacancy %

Mgmt fee %

Est. annual revenue$16,152

Property tax($1,750)

Insurance($700)

Utilities($0)

HOA($3,276)

Management($1,292)

Maintenance reserve($808)

Total operating expenses($7,826)

Net operating income$8,326

Down payment$35,000

Loan amount$140,000

Monthly payment (P&I)$931.42

Annual debt service($11,177)

Annual cash flow-$2,851

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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.