ACTIVEcondovia mls

1704 Paradise Landing Road

Kimberling City, MO, 65686

2 bd2 ba1,408 sqftBuilt 1994

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60335974

List price

$428,900

$305/sqft

Listing description

Welcome to your turnkey retreat at Paradise Landing in Kimberling City! Perfectly situated just across the Kimberling City Bridge, this 2-bedroom, 2-bathroom condo offers breathtaking views of Table Rock Lake and an unbeatable combination of convenience, comfort, and peaceful lakeside living!Enjoy direct views of the beautiful waters of Table Rock Lake while overlooking the community pool and clubhouse. This walk-down unit is tucked away in a quiet, private setting, making it the perfect full-time residence or relaxing vacation getaway.Truly turnkey and fully furnished, this condo comes complete with everything you need to start enjoying lake life immediately! From furniture and artwork to bedding, extra linens, dishes, and household essentials, everything has been thoughtfully included. Simply bring your suitcase and settle in!For boating enthusiasts, a boat slip is available for lease, with a boat lift available for an additional cost. And for an extra touch of lake-life fun, ''Fred,'' the golf cart, is also available for separate purchase!Enjoy the community amenities, including the clubhouse and swimming pool, all while being just minutes from Kimberling City's shopping, dining, boating, and outdoor recreation. And don't forget one of the area's most spectacular experiences the incredible fireworks displays over the Kimberling City Bridge!Whether you're looking for a peaceful place to call home or your own private escape to Table Rock Lake, this Paradise Island condo offers the lifestyle you've been dreaming of!Please note: Short-term rentals are not permitted within this condominium community.

Financial analysis

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

Short-term rentals aren't permitted here, so this is underwritten as a long-term rental — monthly rent and vacancy instead of nightly rate and occupancy.

Monthly cash flow

-$1,962

Cap rate

0.9%

Cash-on-cash

-27.5%

DSCR

0.14

Purchase price

Down payment %

Interest rate %

Renovation budget

Monthly rent

Vacancy %

Mgmt fee %

Est. annual revenue$16,152

Property tax($4,289)

Insurance($1,716)

Utilities($0)

HOA($4,200)

Management($1,292)

Maintenance reserve($808)

Total operating expenses($12,304)

Net operating income$3,847

Down payment$85,780

Loan amount$343,120

Monthly payment (P&I)$2,282.79

Annual debt service($27,393)

Annual cash flow-$23,546

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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.