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ACTIVEsingle familyvia mls

8 Lake Forest Drive

Galena, MO, 65656

2 bd1 ba998 sqftBuilt 1985

Listing courtesy of Cantrell Real Estate · (417) 414-0324 · MLS# SOM60334478

List price

$150,000

$150/sqft

Listing description
Acreage, views, and an incredible opportunity await! This home sits on 5 beautiful acres and features an oversized viewing window showcasing peaceful mountain views. The home is partially finished and ready for someone to complete it to their vision, with all utilities already in place, including electric, water, and septic. An RV hookup with 30-amp electric, sewer, and water access also allows you to comfortably stay on the property while finishing the home.Extensive updates have been completed from 2019 to present, including all-new interior 2x4 walls, LP siding, mineral wool wall insulation, pressure-treated framed metal skirting, a 20-mil vapor barrier, electrical wiring, PEX plumbing, 2'' PVC drain lines, 3/4'' plywood flooring, foam board and spray foam insulation, and additional reflective insulation for added vapor protection. The home also features all-new vinyl windows, a 40-gallon electric water heater, 80-gallon pressure tank, fiberglass shower with built-in seat, and a new HVAC heat pump with dual-frequency ultraviolet air purification system.Additional improvements include a newer roof with new sheeting and shingles, a 1,250-gallon concrete septic tank, and a new concrete parking pad for additional vehicles. With the major infrastructure and improvements already completed, this property offers the rare opportunity to finish a home your way while enjoying 5 acres, beautiful views, and the flexibility of RV living during the finishing process.
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

$74

Cap rate

7.0%

Cash-on-cash

3.0%

DSCR

1.09

Est. annual revenue$14,451
Property tax($1,500)
Insurance($600)
Utilities($0)
HOA($0)
Management($1,156)
Maintenance reserve($723)
Total operating expenses($3,979)
Net operating income$10,473
Down payment$30,000
Loan amount$120,000
Monthly payment (P&I)$798.36
Annual debt service($9,580)
Annual cash flow$892

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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.

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