ACTIVEcondovia mls

1206 Riverstone Drive

Branson, MO, 65616

2 bd2 ba1,747 sqftBuilt 2006

Listing courtesy of Gerken & Associates, Inc. · (417) 334-1892 · MLS# SOM60296249

List price

$399,900

$229/sqft

Listing description

Watch the boats on Taneycomo and the fireworks at Branson Landing!! You can do both from this luxury 2 bedroom, 2 bath condo in the beautiful complex called River Bend Place. The open floorplan and walls of windows let in lots of light along with the breathtaking view. The see-thru fireplace is a focal point for both the living room and the sunroom. And speaking of the sunroom, just add a sleeper sofa or murphy bed and it would make a nice guest room when needed. This walk-in unit comes with an assigned carport and exterior closet and full access to all of River Bend amenities, such as the resort inspired infinity pool and exercise room. Having a family gathering and need more room? For a fee, there are extra hotel rooms available at the clubhouse for the owner's overnight guest and a large kitchen to enjoy. Do you like to fish? River Bend has a private dock that you can use and boat slips are available to rent thru the COA. And the best part...No nightly rentals allowed and all this is located just a couple of minutes from the Branson Hills shopping area, a golf course, Cox hospital, Branson Landing, and the Rec-Plex. There is not a more convenient location in town!!!

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

-$1,611

Cap rate

1.6%

Cash-on-cash

-24.2%

DSCR

0.24

Purchase price

Down payment %

Interest rate %

Renovation budget

Monthly rent

Vacancy %

Mgmt fee %

Est. annual revenue$17,002

Property tax($2,463)

Insurance($1,600)

Utilities($0)

HOA($4,524)

Management($1,360)

Maintenance reserve($850)

Total operating expenses($10,797)

Net operating income$6,205

Down payment$79,980

Loan amount$319,920

Monthly payment (P&I)$2,128.44

Annual debt service($25,541)

Annual cash flow-$19,336

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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.