ACTIVEcondovia mls

50 Ozark Vista Drive, Unit F148

Kimberling City, MO, 65686

2 bd2 ba1,303 sqftBuilt 2008

Listing courtesy of Currier & Company · (417) 336-1300 · MLS# SOM60317492

List price

$234,000

$180/sqft

Listing description

LAKEVIEW! TURN-KEY! This fully furnished 2-bedroom, 2-bath condo at Ozark Mountain Resort offers 1,303 very spacious square feet and a layout designed for maximum flexibility and income potential. A great getaway at the lake that qualifies for short-term rental! Plus, the lockout design allows the condo to function as one full 2-bedroom unit or two private spaces--one side featuring a bedroom and bath, and the other a separate suite with bedroom, bath, and kitchenette, perfect for hosting multiple guests or traveling groups. Recently repainted and updated with a brand-new washer and dryer, this property is neat, tidy, and ready to start enjoying and producing income immediately. Step onto the covered private balcony to enjoy peaceful lake views and morning coffee overlooking Table Rock Lake. Ozark Mountain Resort features recently refreshed amenities including an outdoor pool, new pickleball courts, basketball, playground, and walking paths. Located just across the Kimberling City bridge from shopping, dining, and the Port of Kimberling, and only a short drive to Silver Dollar City and Dogwood Canyon, the location can't be beat! That beautiful lake view is hard to find--especially at this price! Better hurry!

Financial analysis

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

Monthly cash flow

-$761

Cap rate

2.5%

Cash-on-cash

-19.5%

DSCR

0.39

Purchase price

Down payment %

Interest rate %

Renovation budget

Nightly rate (ADR)

Occupancy %

Mgmt fee %

Lodging tax %

Est. annual revenue$32,412

Stays / year58

Property tax($1,476)

Insurance($1,170)

Utilities($2,700)

Electricity($120)

Water($25)

Sewer($20)

Trashin HOA dues

Internet / cable($60)

HOA($6,600)

Management($6,482)

Maintenance reserve($1,621)

Cleaning($5,256)

Lodging / tourism tax($1,296)

Total operating expenses($26,602)

Net operating income$5,810

Down payment$46,800

Loan amount$187,200

Monthly payment (P&I)$1,245.45

Annual debt service($14,945)

Annual cash flow-$9,135

Break-even occupancy72.7%

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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.