ACTIVEcondovia mls

700 Emerald Point Drive, Unit 303

Hollister, MO, 65672

2 bd2 ba990 sqftBuilt 1995

Listing courtesy of Alexander Realty, Inc. · (636) 947-1110 · MLS# SOM60332148

List price

$419,900

$424/sqft

Listing description

Experience Elevated Lake Living at Its Finest on the Shores of Table Rock Lake! GORGEOUS, LAKE FRONT CONDO with the MOST BREATHTAKING, Panoramic Table Rock Lake Views Stretching Across Sparkling Waters & Painted Skies, the Most SPECTACULAR Sunsets Every Evening! It Would be Almost Impossible to Find Table Rock Living This Close to the Water Anywhere Else. Awake Every Morning to the Sound of Waves Crashing Against the Shore! Enjoy the Lake Upfront & Personal From the Comfort of Your Home. Watch the Boats, From Early Morning Fishers to Tubing/Surfing Into the Sunset. You're in For a Real Treat When the Showboat Cruises by the Condo, a Majestic Site to Behold. IT GETS EVEN BETTER, This is an Active, TurnKey Nightly Rental w Great Rental History, Being Sold Fully Furnished. Perfect for Full Time Living, Vacation Home and/or Investment. Well-Appointed Kitchen w Granite, Beautiful Backsplash & Stainless Appliances, Cozy Stone Electric Fireplace, Incredible Lake View From Primary Bedroom & Living Room. Separate Laundry Room w Full Size Washer & Dryer. Lake Harbour is an Intimate Building, Only 16 Units, w It's Own Salt Water Pool, So Never a Crowd Issue. Walk Out Your Door & You're Steps from the Shore, Featuring a Gravel Swim Beach. Walk the Shoreline Forever. Every Evening You are in for an Amazing Sunset Display. The Stars are Just Breathtaking Viewed From the Balcony! Spot Eagles, Herons & a Variety of Waterfowl & Birds All Year Long. Emerald Pointe is a Luxury Gated Community w Quick Hwy Access, Short Drive to Shopping, Dining, Attractions, Medical, Championship Golf Courses, etc. Incredible Community Amenities Include Clubhouse, Pool, Pickleball/Basketball/Tennis Court, Marina w High & Dry Storage, Courtesy Dock, Boat Ramp, Secure/Gated Storage & LakeFront Access. Exterior of Building is Currently Being Updated. Owner 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

-$1,699

Cap rate

1.5%

Cash-on-cash

-24.3%

DSCR

0.24

Purchase price

Down payment %

Interest rate %

Renovation budget

Nightly rate (ADR)

Occupancy %

Mgmt fee %

Lodging tax %

Est. annual revenue$34,690

Stays / year58

Property tax($4,199)

Insurance($2,100)

Utilities($2,700)

Electricity($120)

Water($25)

Sewer($20)

Trashin HOA dues

Internet / cable($60)

HOA($3,946)

Management($6,938)

Maintenance reserve($1,734)

Cleaning($5,256)

Lodging / tourism tax($1,388)

Total operating expenses($28,260)

Net operating income$6,429

Down payment$83,980

Loan amount$335,920

Monthly payment (P&I)$2,234.88

Annual debt service($26,819)

Annual cash flow-$20,389

Break-even occupancy98.5%

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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.