ACTIVEcondovia mls

120 Wilshire Drive, Unit 19

Hollister, MO, 65672

2 bd2 ba1,264 sqftBuilt 1986

Listing courtesy of AMS Associates, LLC · (417) 230-0576 · MLS# SOM60324167

List price

$194,900

3% price cut$199,900

$154/sqft

Listing description

The LAKE DREAM is finally YOURS!! Walk-in unit, carport, RV/camper parking, a boat slip with a lift, and even a boat and trailer (extra $$) if you need! Active retiree community on the banks of Lake Taneycomo but inside the city limits of Hollister at the end of a dead end road. Quiet 55+ community with no nightly rentals and only 2 miles to most of your daily stops and entertainment. Onsite are pools, a clubhouse, a fishing dock and a boat launch. Vinyl plank and tile throughout this unit, with a granite kitchen and updated bath with gorgeous tile and glass walk-in shower. The primary bedroom has a private balcony to enjoy morning coffee and watch the boats float by. Only about half of the complex has a carport, and not many have an RV spot or boat slip. Become one of the privileged few to have the total package!! What more do you want for less than $200k?? It ain't out there! The pictures don't lie... Take a look TODAY... like RIGHT NOW!!

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

-$260

Cap rate

4.8%

Cash-on-cash

-8.0%

DSCR

0.75

Purchase price

Down payment %

Interest rate %

Renovation budget

Monthly rent

Vacancy %

Mgmt fee %

Est. annual revenue$16,152

Property tax($942)

Insurance($780)

Utilities($0)

HOA($3,000)

Management($1,292)

Maintenance reserve($808)

Total operating expenses($6,822)

Net operating income$9,330

Down payment$38,980

Loan amount$155,920

Monthly payment (P&I)$1,037.34

Annual debt service($12,448)

Annual cash flow-$3,118

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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.