ACTIVEcondovia mls

151 Highland Drive, Unit 55-3

Branson, MO, 65616

2 bd2 ba1,135 sqftBuilt 1994

Listing courtesy of Hustle Back Realty · (417) 322-9082 · MLS# SOM60301870

List price

$245,000

$216/sqft

Listing description

If you are seeking a walk-in level property to enhance your short-term rental portfolio, this is an exceptional opportunity. Alternatively, if you desire a vacation home offering convenience, entertainment, and relaxation without ever having to leave the property, this beautifully remodeled and fully furnished two-bedroom, two bathroom condominium located in the prestigious Pointe Royale Golf Resort is the perfect fit. This updated unit is situated in a highly desirable golfing community known for its picturesque landscaping and extensive amenities. Pointe Royale offers a 24/7 guarded gate entrance, an 18-hole championship golf course, indoor and outdoor swimming pools, tennis courts, playground, clubhouse with pro shop, grill, fitness center, hiking trails, and frequent community events and social gatherings. Just a short walk or drive from the unit is Lake Taneycomo, ideal for fishing and boating, while Table Rock Lake and the scenic State Park are only minutes away. Whether you are searching for a primary residence, a vacation retreat, or a nice income property, this turnkey condo provides the perfect combination of luxury, location, and investment potential. Make this exceptional property your next home or a valuable addition to your real estate portfolio today.

Financial analysis

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

Monthly cash flow

-$993

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$28,207

Stays / year58

Property tax($1,573)

Insurance($1,225)

Utilities($2,700)

Electricity($120)

Water($25)

Sewer($20)

Trashin HOA dues

Internet / cable($60)

HOA($5,537)

Management($5,641)

Maintenance reserve($1,410)

Cleaning($5,256)

Lodging / tourism tax($1,128)

Total operating expenses($24,470)

Net operating income$3,737

Down payment$49,000

Loan amount$196,000

Monthly payment (P&I)$1,303.99

Annual debt service($15,648)

Annual cash flow-$11,911

Break-even occupancy86.7%

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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.