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ACTIVEsingle familyvia mls

1961 State Highway 176

Rockaway Beach, MO, 65740

5 bd6 ba3,548 sqftBuilt 2004

Listing courtesy of Murney Associates - Primrose · (417) 823-2300 · MLS# SOM60333772

List price

$1,125,000

$317/sqft

Listing description
Welcome to a private waterfront retreat on a peaceful cove just off Bull Creek/Lake Taneycomo in Rockaway Beach! Sold fully furnished, including washer, dryer and both refrigerators, this unique property offers 6.8 wooded acres, a waterfront home, private dock and recently renovated tiny home. It's an ideal short-term rental investment or private lake getaway. The spacious home features 10 beds across 4 bedrooms plus the loft, 4 full baths, 2 half baths, an office area and multiple walk-in closets. The giant open living area has a lodge-inspired feel with beautiful car-sided ceilings and abundant natural light that flows into the dining area, sitting nook and kitchen. The kitchen offers abundant cabinetry and counterspace, additional seating and direct access to the grill and side deck. The spacious primary suite features a cozy gas fireplace and picturesque water views. The luxurious bath includes a 2-person jetted tub, dual vanities, walk-in shower and walk-in closet with a separate locked owner storage. An exterior-entry basement area adds a bedroom/living space, full bath, storage room and large, built-in, sauna. A separate basement workshop provides a work area and mower storage. Outdoor living is exceptional with 1,349 sq ft of wraparound composite decking, including 2 covered and 1 uncovered areas, all overlooking the tranquil waterfront. The fenced yard is perfect for pets or children, while the built-in firepit sets the stage for evenings outdoors. The impressive 65x34 private dock features a screened living area, sundeck, 2 boat slips (one with lift), a smaller slip with 2 jet ski ramps and separate storage room. Just steps from the dock, the updated tiny home is perfect for added privacy for a caretaker, overflow guests, family or additional rental potential. Tiny home updates include a new covered front deck and new flooring in the living area, kitchen and bath.Less than 20 min to Branson Landing or the Strip and 25 min to Silver Dollar City.
Financial analysis

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

Monthly cash flow

-$1,926

Cap rate

4.3%

Cash-on-cash

-10.3%

DSCR

0.68

Est. annual revenue$94,783
Stays / year58
Property tax($4,679)
Insurance($5,625)
Utilities($3,000)
Electricity($120)
Water($25)
Sewer($20)
Trash($25)
Internet / cable($60)
HOA($0)
Management($18,957)
Maintenance reserve($4,739)
Cleaning($5,256)
Lodging / tourism tax($3,791)
Total operating expenses($46,047)
Net operating income$48,736
Down payment$225,000
Loan amount$900,000
Monthly payment (P&I)$5,987.72
Annual debt service($71,853)
Annual cash flow-$23,116
Break-even occupancy65.9%

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