ACTIVEmanufacturedvia mls

32 Ledgestone Road

Shell Knob, MO, 65747

3 bd2 ba2,619 sqftBuilt 1992

Listing courtesy of RE/MAX Lakeside · (417) 858-6126 · MLS# SOM60323147

List price

$298,000

7% price cut$319,000

$114/sqft

Listing description

Wake up to the peace and quiet of Table Rock Lake in this spacious and well-maintained home offering the perfect blend of comfort, convenience, and lake life living. This beautifully cared-for double wide with two thoughtfully designed additions provides an open, airy feel with an abundance of windows that fill the home with natural light and showcase the scenic surroundings.Being sold furnished, this property is truly move-in ready -- ideal as a full-time residence, weekend getaway, or vacation retreat. The expansive layout offers plenty of room for entertaining family and friends, while the circle drive provides easy access and ample parking. Car enthusiasts, hobbyists, and lake lovers alike will appreciate the impressive detached 4-car garage with abundant storage space for vehicles, lake toys, and more. Enjoy the convenience of a nearby boat dock where a boat slip is available for purchase, making it easy to spend your days on the water. A golf cart is also available for purchase, adding even more ease and enjoyment to lake-area living.

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

-$1,141

Cap rate

1.8%

Cash-on-cash

-23.0%

DSCR

0.28

Purchase price

Down payment %

Interest rate %

Renovation budget

Monthly rent

Vacancy %

Mgmt fee %

Est. annual revenue$10,941

Property tax($2,980)

Insurance($1,192)

Utilities($0)

HOA($0)

Management($875)

Maintenance reserve($547)

Total operating expenses($5,594)

Net operating income$5,346

Down payment$59,600

Loan amount$238,400

Monthly payment (P&I)$1,586.08

Annual debt service($19,033)

Annual cash flow-$13,687

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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.