ACTIVEcondovia mls

1303 Rocky Shore Terrace, Unit 3

Kimberling City, MO, 65686

2 bd2 ba1,300 sqftBuilt 1996

Listing courtesy of ReeceNichols -Kimberling City · (417) 272-5253 · MLS# SOM60275769

List price

$269,000

4% price cut$279,000

$207/sqft

Listing description

Welcome to your dream Table Rock Lake front retreat! This beautifully updated 2BR/2BA condo offers the perfect blend of comfort and style with great views of the lake right from your living room. Enjoy the convenience of walk-in level access (no steps) into the spacious condo. The open living, dining and well-furnished kitchen with all appliances and ample counter space makes the unit a joy to prepare meals if need be. All the conveniences are at your disposal including washer and dryer. The split floor plan has a nice main suite with jetted tub and walk-in closet. The second bedroom also adjoins a full bath and has multiple beds. This condo has nightly rental potential, and the unit across the hall could double your enjoyment and create the ultimate lakefront getaway for family and friends or increase your rental income. Recent updates to each unit set it above the others. A must see! Table Rock Lake access in the area, and close to all amenities, Silver Dollar City and all Branson attractions.

Financial analysis

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

Monthly cash flow

-$1,074

Cap rate

1.6%

Cash-on-cash

-23.9%

DSCR

0.25

Purchase price

Down payment %

Interest rate %

Renovation budget

Nightly rate (ADR)

Occupancy %

Mgmt fee %

Lodging tax %

Est. annual revenue$28,207

Stays / year58

Property tax($949)

Insurance($1,345)

Utilities($2,700)

Electricity($120)

Water($25)

Sewer($20)

Trashin HOA dues

Internet / cable($60)

HOA($5,482)

Management($5,641)

Maintenance reserve($1,410)

Cleaning($5,256)

Lodging / tourism tax($1,128)

Total operating expenses($23,912)

Net operating income$4,295

Down payment$53,800

Loan amount$215,200

Monthly payment (P&I)$1,431.73

Annual debt service($17,181)

Annual cash flow-$12,886

Break-even occupancy89.9%

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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.