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ACTIVEcondovia mls

429 E Chinquapin Circle, Unit 607

Branson, MO, 65616

2 bd2 ba1,035 sqftBuilt 1994

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60318066

List price

$299,900

$290/sqft

Listing description
Turn-Key Table Rock Lake View Nightly Rental | Walk-In Condo Near Silver Dollar City & BransonNestled on the shores of Table Rock Lake on the exciting & convenient Indian Point Peninsula in Branson, this walk-in level vacation retreat offers a luxurious & private turn-key resort experience. Beautifully positioned by both land & water, this condo places you steps from the popular Table Rock Resort amenities including lakeview pool, hot tub, clubhouse, children's play area, volleyball, & easy shoreline access to the dock to get you on the water asap.By boat you are minutes to multiple boat-up restaurants, marinas, peaceful coves, & some of the lake's favorite fishing holes. By land enjoy quick access to Silver Dollar City (without the long traffic), Branson's world-class dining, shopping, & live entertainment, plus endless hiking & biking adventures in nearby Mark Twain National Forest.Back at your retreat enjoy the perks of convenient walk-in level condo living paired w/ cozy Ozark cabin charm. The spacious open concept kitchen flows easily to dining & living areas, anchored by a beautiful stone corner fireplace perfect for crisp lake evenings. Step outside to the covered deck for stunning water view sunrises over crystal clear Table Rock Lake & peaceful nights of star gazing.Inside there is ample space for guests w/ both bar seating & formal dining. Two spacious bedrooms include a private owner's suite w/ king bed, lake views, & spa-like ensuite bath. The second bedroom features a full bed & bunk beds perfect for family or guests. Need more room? A fun full-size murphy bed in the living area allows comfortable sleeping for up to eight.Turn-key & ready to enjoy immediately as a vacation getaway, nightly rental investment, or full-time lake retreat. Spring is in the air, the redbuds are blooming, & lake season is calling at Chinquapin Ln, Indian Point in the heart of the rolling Ozark Hills.
Financial analysis

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

Monthly cash flow

-$1,160

Cap rate

1.8%

Cash-on-cash

-23.2%

DSCR

0.27

Est. annual revenue$33,288
Stays / year58
Property tax($2,999)
Insurance($1,500)
Utilities($2,460)
Electricity($120)
Waterin HOA dues
Sewerin HOA dues
Trash($25)
Internet / cable($60)
HOA($6,180)
Management($6,658)
Maintenance reserve($1,664)
Cleaning($5,256)
Lodging / tourism tax($1,332)
Total operating expenses($28,048)
Net operating income$5,240
Down payment$59,980
Loan amount$239,920
Monthly payment (P&I)$1,596.19
Annual debt service($19,154)
Annual cash flow-$13,914
Break-even occupancy84.3%

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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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