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ACTIVEcondovia mls

455 Eagle Drive

Reeds Spring, MO, 65737

9 bd7 ba3,800 sqftBuilt 1962

Listing courtesy of Hustle Back Realty · (417) 322-9082 · MLS# SOM60334963

List price

$600,000

$158/sqft

Listing description
A unique opportunity awaits on beautiful Table Rock Lake! Edgewater Villa Resort offers this fully furnished waterfront property offers incredible versatility for investors, lake lovers, or buyers looking for a private retreat. Continue operating it as an income-producing nightly rental, enjoy it with family and friends, or explore converting the building into one spacious lakefront residence. Offering approximately 3,800 sq. ft., the property features six 1-bedroom, 1-bath units plus one 2-bedroom, 2-bath unit. Each unit comes furnished and ready for use, with comfortable layouts, plenty of natural light, and lake or poolside views. Enjoy beautiful sunsets, peaceful Ozark scenery, lake breezes, and an easy, flat walk to the shoreline. Community amenities include an in-ground pool, covered pavilion, playground, shuffleboard, shoreline walking areas, and convenient lake access. New roof will be installed by seller at seller's cost. Owners may purchase up to two 10x24 boat slips for an additional $57,000 each, subject to availability and applicable Corps regulations. Per Corps of Engineers regulations, the slips are for owner use and cannot be rented to guests. Nightly rentals are allowed, offering excellent flexibility for personal use and investment potential. Low HOA dues include community water and sewer, trash, landscaping, road maintenance, and common-area upkeep. Priced below a recent appraisal, this property combines waterfront location, rental potential, amenities, and flexibility. Additional cabins and duplexes may also be available. Conveniently located near Kimberling City, Branson, Silver Dollar City, dining, shopping, and area attractions. Don't miss this opportunity to own a special piece of Table Rock Lake!
Financial analysis

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

Monthly cash flow

$2,224

Cap rate

10.8%

Cash-on-cash

22.2%

DSCR

1.70

Est. annual revenue$119,837
Stays / year58
Property tax($6,000)
Insurance($3,000)
Utilities($2,160)
Electricity($120)
Waterin HOA dues
Sewerin HOA dues
Trashin HOA dues
Internet / cable($60)
HOA($3,660)
Management($23,967)
Maintenance reserve($5,992)
Cleaning($5,256)
Lodging / tourism tax($4,793)
Total operating expenses($54,829)
Net operating income$65,008
Down payment$120,000
Loan amount$480,000
Monthly payment (P&I)$3,193.45
Annual debt service($38,321)
Annual cash flow$26,687
Break-even occupancy31.9%

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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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