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ACTIVEsingle familyvia mls

25 Palomino Court

Lampe, MO, 65681

4 bd2 ba2,202 sqftBuilt 1973

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60323461

List price

$465,000

$211/sqft

Listing description
Welcome to your very own slice of lakefront paradise, where the only traffic jam you'll encounter is a line of ducks crossing the cove. This stunning waterfront home on Table Rock Lake offers four bedrooms, two full bathrooms, and enough charm to make even the most stubborn city dweller consider going full-time lake life.This home is being sold fully furnished but we've offered some virtual staging to ignite your inner designer.Step inside to an open and airy floor plan featuring vaulted ceilings, a beautifully updated kitchen with granite countertops, stainless steel appliances (yes, two refrigerators -- because lake snacks are serious business), and luxury vinyl plank flooring throughout. The cozy wood-burning fireplace in the living area is perfect for those cool Ozark Mountain evenings when you'd rather curl up than cast a line.Upstairs, the generously sized primary bedroom boasts gorgeous lake views and walks out to an expansive partially covered deck system -- your new favorite morning coffee spot. A second bedroom and full bath complete the upper level. Downstairs, two extra-large guest bedrooms (non-conforming), guest bath, and a massive family room with another wood-burning fireplace provide plenty of room for visitors who will absolutely overstay their welcome. If you don't seek the extra company - a home office or home gym would be a perfect transformation.The lower-level walks out to a waterfront concrete patio, and the oversized one-car garage swallows up all your lake toys without breaking a sweat. This home comes fully furnished, and a community dock boat slip is available for purchase with a boat launch conveniently nearby. Boat Slip - $70k.Stop dreaming about lake living and start doing it. ***SOME PHOTOS ARE VIRTUALLY STAGED***
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

-$1,330

Cap rate

2.9%

Cash-on-cash

-17.2%

DSCR

0.46

Est. annual revenue$23,272
Property tax($4,650)
Insurance($1,860)
Utilities($0)
HOA($0)
Management($1,862)
Maintenance reserve($1,164)
Total operating expenses($9,535)
Net operating income$13,737
Down payment$93,000
Loan amount$372,000
Monthly payment (P&I)$2,474.93
Annual debt service($29,699)
Annual cash flow-$15,962

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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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