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ACTIVEcondovia mls

150 Sunken Forest Dr. 2-118

Forsyth, MO, 65653

2 bd2 ba1,106 sqftBuilt 1990

List price

$177,400

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Financial analysis

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Monthly cash flow

$670

Cap rate

10.9%

Cash-on-cash

22.7%

DSCR

1.71

Est. annual revenue$40,150
Stays / year67
Property tax($836)
Insurance($887)
Utilities($3,000)
HOA($0)
Management($8,030)
Maintenance reserve($2,008)
Cleaning($6,023)
Net operating income$19,367
Down payment$35,480
Loan amount$141,920
Monthly payment (P&I)$944.20
Annual debt service($11,330)
Annual cash flow$8,037
Break-even occupancy36.6%

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Listing description
This immaculate partially furnished 2BR, 2BA LAKEFRONT condo with nearby CARPORT combines a walk-in, end unit with the convenience and worry-free lifestyle of Taneycomo Terrace of Forsyth. An ideal full or part-time lake retreat, this well-loved and maintained condo is ready and waiting! Easy access side deck makes loading and unloading the car a breeze, while a second deck provides a quiet retreat for enjoying sunrise and sunset overlooking the lake. Welcoming open floor plan offers casual kitchen, dining and living room, lake view master suite with lakefront deck and bird's eye view of adjacent swimming pool. Second bedroom offers a lakeview as well. Separate laundry with storage. Clean, updated unit includes 2019 York HVAC, 2022 W/H, ALL APPLIANCES, stunning vinyl plank flooring throughout and $20K of warrantied Renewal by Andersen brilliant energy efficient glass sliders and windows in living room and bedrooms. Come enjoy all that Lake Taneycomo has to offer from 3 private docks with indoor and outdoor fishing and sitting areas overlooking tranquil clear waters; 3 swimming pools, and community fitness/game room. Taneycomo Terrace is a wonderfully friendly and peaceful complex located in the close-knit community of Forsyth, just a few miles northeast of Branson. You'll love the convenience of nearby shops, restaurants and retail without tourists, crowds and traffic. Better yet, your fellow neighbors are all full-time owners who help to manage and maintain the property to best protect everyone's investment and enjoyment. NO SHORT TERM, LONG TERM OR NIGHTLY RENTALS ALLOWED!! With the added bonuses of nearby parking, convenient walk-in entrance, INCREDIBLE UNOBSTRUCTED LAKEVIEW, plus the exclusive use of an enclosed carport for your vehicle or boat storage, THIS MOVE-IN CONDO HAS IT ALL, at a price you can't beat!

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.