ACTIVEcondovia mls

246 Turnberry Drive, Unit 1

Branson, MO, 65616

2 bd2 ba979 sqftBuilt 1990

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60323696

List price

$179,000

3% price cut$184,900

$183/sqft

Listing description

Pack your clubs, lake toys, & investment goals... it's Tee Time @ Turnberry Lane inside prestigious Pointe Royale Golf Village, one of Branson's premier vacation destinations! Whether you're searching for a turn-key nightly rental, personal getaway, or flexible income-producing retreat, this golf course view condo delivers the ultimate Ozarks escape. Ideally positioned in the heart of the ''Live Entertainment Capital of the World,'' guests are minutes from Silver Dollar City, Table Rock Lake, Lake Taneycomo, Branson Landing, marinas, shopping, dining, live shows, & endless Ozark adventures.Nestled inside the gated Pointe Royale golf community, owners & guests enjoy award-winning golf, clubhouse amenities, bar & grill, indoor/outdoor pools, fitness center, tennis courts, walking trails, & resort-style perks that keep visitors returning year after year. Bonus! Nightly rental zoning offers incredible flexibility for investors seeking passive income while still enjoying personal use throughout the seasons.Inside, discover a meticulously maintained, low-maintenance interior designed for comfort & effortless hosting. The spacious open-concept living area flows into an updated kitchen featuring granite countertops, abundant cabinetry, & like-new stainless appliances. After a day on the course or lake, cozy up beside the wood-burning fireplace or step onto the covered back deck overlooking manicured golf course views, mature hardwoods, & a softly flowing creek below. Easy walk-out patio access makes morning coffee, sunset unwinding, & quick pet walks a breeze.Floorplan offers a spacious owners ensuite with private covered patio access, plus a second guest bedroom, full guest bath, & convenient laundry area. Offered turn-key & ready for immediate enjoyment or rental income, this is the kind of easy-living Ozarks investment retreat buyers are constantly searching for @ 246 Turnberry Dr.

Financial analysis

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

Monthly cash flow

-$341

Cap rate

4.1%

Cash-on-cash

-11.4%

DSCR

0.64

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($811)

Insurance($895)

Utilities($2,700)

Electricity($120)

Water($25)

Sewer($20)

Trashin HOA dues

Internet / cable($60)

HOA($3,024)

Management($5,641)

Maintenance reserve($1,410)

Cleaning($5,256)

Lodging / tourism tax($1,128)

Total operating expenses($20,866)

Net operating income$7,341

Down payment$35,800

Loan amount$143,200

Monthly payment (P&I)$952.71

Annual debt service($11,433)

Annual cash flow-$4,091

Break-even occupancy61.3%

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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.