ACTIVEcondovia mls

1101 Golf Drive, Unit 1

Branson West, MO, 65737

3 bd3 ba1,484 sqftBuilt 2004

Listing courtesy of ReeceNichols -Kimberling City · (417) 272-5253 · MLS# SOM60332006

List price

$318,000

2% price cut$325,000

$214/sqft

Listing description

GOLF Front Condominium located in Prestigious StoneBridge Village!! Rare Gound Floor unit, right next to the Villas, with 3 spacious bedrooms and 3 full baths!! You can lockout the studio for a rental and have passive income for your retirement, or you can rent it out full time as an income property/nightly rental!! Open Floor Plan!! Stainless Steel Appliances!! Screened in Porch for more entertainment space!! Walk-in shower, jacuzzi tub, dual sinks and a walk-in closet in the primary suite!! Fully Furnished!! Maintenance free living!! Enjoy golfing year round on LedgeStone golf course!! Resort Amenities include multipe pools, tennis, pickleball, driving range, putting green, walking trails fitness room, clubhouse, conference facilities, golf, playground and restaurant!! Live the ultimate golf resort lifestyle!! Minutes from Branson Attractions!! Shopping, Dining, and health care just minutes away!! The State Marina is 5 minutes away if you enjoy fishing and boating!! This is a Must See!! Owner is Real Estate Agent

Financial analysis

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

Monthly cash flow

-$961

Cap rate

2.8%

Cash-on-cash

-18.1%

DSCR

0.43

Purchase price

Down payment %

Interest rate %

Renovation budget

Nightly rate (ADR)

Occupancy %

Mgmt fee %

Lodging tax %

Est. annual revenue$37,843

Stays / year58

Property tax($3,180)

Insurance($1,590)

Utilities($3,000)

Electricity($120)

Water($25)

Sewer($20)

Trash($25)

Internet / cable($60)

HOA($5,061)

Management($7,569)

Maintenance reserve($1,892)

Cleaning($5,256)

Lodging / tourism tax($1,514)

Total operating expenses($29,062)

Net operating income$8,782

Down payment$63,600

Loan amount$254,400

Monthly payment (P&I)$1,692.53

Annual debt service($20,310)

Annual cash flow-$11,529

Break-even occupancy73.6%

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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.