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ACTIVEcondovia mls

348 Sunset Cove, Unit 421

Branson, MO, 65616

2 bd2 ba1,450 sqftBuilt 1993

Listing courtesy of Murney Associates - Primrose · (417) 823-2300 · MLS# SOM60336305

List price

$339,900

$234/sqft

Listing description
TABLE ROCK WATERFRONT CONDOMINIUM WITH 14' x 28' DOCK SLIP INCLUDED!! Yes it's true. No more searching day in and day out for a lake property without a boat slip. This one is not only ready to move into, but the dock is only a short walk down the path. Welcoming you in from a scenic drive, you'll notice right from the secure, gated entry a sense of tranquil tidiness. Manicured lawns throughout the property guide you home. From your deck you'll enjoy breathtaking views of one of the most beautiful lakes in all the Midwest. Table Rock is your backyard. This one-owner condo features two bedrooms and two full baths and it is one of a few that offers stair-free, step-free access both inside and out. Stroll right on in. Wintertime is a joy as well. Relax from morning to sunset next to your wood-burning fireplace, perfect for those colder days you just want to stay in. And lake-time living wouldn't be complete without clubhouse amenities that offer a nice retreat for socializing, working out, and an indoor swimming pool for those summer or winter days you crave a plunge. There are two storage areas outside of the condo, and a nice cubby right next to the boat slip. This unit also comes with the rare offering of two covered parking spaces directly in front of the condo. And the big costs are taken care of by the COA. Insurance on the building, exterior building maintenance along with cable/internet, lawn mowing, snow removal, water, sewer, trash, dryer vent cleaning, fireplace inspections, and more. The Dock is private, gated and has a gathering area for people to enjoy a swim, even with steps (vs ladder) up to the dock from the water.You'll also be within a short distance to shopping, dining, golf and all the goodness the lake area has to offer. Today is an opportunity. This is an all-in-one stop for your primary residence, or lake getaway. Come enjoy. Come to stay.
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

-$1,598

Cap rate

0.8%

Cash-on-cash

-28.2%

DSCR

0.12

Est. annual revenue$17,002
Property tax($3,399)
Insurance($1,360)
Utilities($0)
HOA($7,500)
Management($1,360)
Maintenance reserve($850)
Total operating expenses($14,469)
Net operating income$2,533
Down payment$67,980
Loan amount$271,920
Monthly payment (P&I)$1,809.09
Annual debt service($21,709)
Annual cash flow-$19,176

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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.

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