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ACTIVEcondovia mls

150 Sunken Forest Dr. 8-222

Forsyth, MO, 65653

2 bd2 ba1,265 sqftBuilt 1994

Listing courtesy of Murney Associates - Nixa · (417) 724-2300 · MLS# SOM60312479

List price

$190,000

$150/sqft

Listing description
NO STAIRS REQUIRED to reach this immaculate TOP LEVEL 2BR, 2BA LAKEVIEW condo. Offering 1265sf of well-loved and maintained living space; large deck overlooking landscaped grounds, rolling hills and shimmering Lake Taneycomo; PRIVATE 1-CAR GARAGE just steps from your front door; and 10x24 BOAT SLIP. Enjoy vaulted and tray ceilings you only find in upper-level units, plus no worries of any noisy neighbors above! Bright and airy living room; casual open arrangement with access to deck. Spacious kitchen wrapped in solid wood cabinets, stainless appliances, double sink and gorgeous granite countertops. Combined dining and living rooms enjoy the ambience of a wood burning fireplace, the only one in the building. Covered north facing deck, with access from living room and master suite, stays wonderfully shaded much of the day with only hints of morning and afternoon sun. Unlike decks facing west that bake in the hot summer afternoon sun, you'll enjoy this deck all day long! Just wait until you see the sunsets!! Nice-sized laundry room with built-in pantry. Spacious MBR with ensuite bath and walk-in closet. Guest BR and BA for visiting friends and family. ALL APPLIANCES STAY; Remaining Furnishings ARE NEGOTIABLE. Private upper level 1-car garage with opener, storage closet and pull-down ladder to attic. Easy, convenient access to the lake from your 10x24 boat slip with designated storage and electric. Poised in a well-maintained residential complex in the heart of Forsyth, Taneycomo Terrace offers a peaceful lakefront setting with private boat launch, fishing docks, 3 swimming pools, dockside sun deck, evening firepit and more! Popular residential community with NO NIGHTLY RENTALS or long-term rentals allowed. Located conveniently close to local shops and restaurants, and still just a short drive to all Branson has to offer! Before you settle for anything else, come see what you've been missing!
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

-$394

Cap rate

3.9%

Cash-on-cash

-12.4%

DSCR

0.61

Est. annual revenue$14,451
Property tax($959)
Insurance($760)
Utilities($0)
HOA($3,444)
Management($1,156)
Maintenance reserve($723)
Total operating expenses($7,042)
Net operating income$7,410
Down payment$38,000
Loan amount$152,000
Monthly payment (P&I)$1,011.26
Annual debt service($12,135)
Annual cash flow-$4,725

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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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