ACTIVEcondovia mls

2917 Vineyards Parkway, Unit 2

Branson, MO, 65616

3 bd2 ba1,184 sqftBuilt 2007

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60304206

List price

$189,000

$160/sqft

Listing description

Turn-Key Nightly Rental Opportunity - 2917 Vineyards Pkwy #2, BransonHGTV-inspired, fully furnished, & income-producing--this 3 bed, 2 bath condo is the ultimate Branson retreat! Whether you're seeking a private second home, full-time getaway, or proven passive income, this turn-key unit comes ready to enjoy with rental income already on the books.The location offers the best of both worlds--just minutes to two of the Ozarks' most beloved lakes. Enjoy stunning Lake Taneycomo with world-class trout fishing, peaceful kayaking & paddleboarding, or head to Table Rock Lake for exciting watersports, fishing tournaments, endless coves, floating restaurants, the cliffs, summer fireworks by Silver Dollar City, & more. Plus, a community pool is just steps from your front door.Inside, fall in love with the open-concept layout designed for comfort & style. The kitchen features beautiful granite counters, full-size stainless appliances, ample cabinetry & pantry, plus full laundry. Dining flows seamlessly into the bright, spacious living area with a patio slider leading to a covered back patio w/ peaceful wooded views & easy walk-out for the kiddos & fur babies--feel submerged in nature yet minutes from all your city perks. Across the living rests two spacious guest bedrooms & full bath, while the private owner's suite offers comfort & convenience for extended stays.And the location couldn't be better--tucked in a quiet community yet less than 5 minutes to the Branson Strip for live entertainment, shopping, dining, museums, & family fun. Also approx 10 minutes to the ever popular Silver Dollar City and even more adventure hiking/biking Mark Twain National Forest. Truly something for everyone. Easy, income-producing, lake-close, city close living in the heart of the rolling Ozark Hills.

Financial analysis

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

Monthly cash flow

-$43

Cap rate

6.1%

Cash-on-cash

-1.4%

DSCR

0.96

Purchase price

Down payment %

Interest rate %

Renovation budget

Nightly rate (ADR)

Occupancy %

Mgmt fee %

Lodging tax %

Est. annual revenue$34,339

Stays / year58

Property tax($809)

Insurance($945)

Utilities($3,000)

Electricity($120)

Water($25)

Sewer($20)

Trash($25)

Internet / cable($60)

HOA($2,820)

Management($6,868)

Maintenance reserve($1,717)

Cleaning($5,256)

Lodging / tourism tax($1,374)

Total operating expenses($22,788)

Net operating income$11,551

Down payment$37,800

Loan amount$151,200

Monthly payment (P&I)$1,005.94

Annual debt service($12,071)

Annual cash flow-$520

Break-even occupancy49.3%

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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.