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ACTIVEsingle familyvia mls

55 Kearney Lane

Reeds Spring, MO, 65737

3 bd3 ba1,484 sqftBuilt 1970

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60320810

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List price

$274,900

$185/sqft

Listing description
Welcome to your fall retreat at Table Rock Lake, where colorful Ozarks hills, crisp mornings and sparkling water views set the tone for relaxed lake living. Set on 3.5 acres, this property offers the peace of a countryside escape just minutes from shopping, dining and medical services. Bring your vision to this delightful home and make the finishing touches your own. The seller has run out of steam, creating an opportunity to step in and shape the space to suit your style. Low-maintenance siding and a durable metal roof offer practical exterior features for year-round living.Inside, the spacious 2-bedroom, 2-bath layout features warm wood accents and large windows framing sweeping mountain views with peeks of the lake. A 2-car garage provides room for vehicles and storage, while the attached studio living quarters with a half bath offer flexible space for guests, hobbies or a private retreat.Picture mornings with coffee as the leaves change, afternoons on Table Rock Lake and quiet evenings back home. Port of Kimberling Marina is a short drive away for boating and fishing. A nearby third-party 10x24 boat slip may be available for an additional fee, subject to availability close by. Aunts Creek campground offers another option for getting on the water, with a boat ramp and camping.Whether you're looking for a full-time residence, weekend getaway or investment opportunity, this property offers space, views and the chance to create your own lake-country haven. The home needs flooring and HVAC, so bring your plans and finish it your way!
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

-$101

Cap rate (all-in)

5.0%

Cash-on-cash

-1.1%

DSCR

0.93

Est. annual revenue$21,086
Property tax($894)
Insurance($1,100)
Utilities($0)
HOA($0)
Management($1,687)
Maintenance reserve($1,054)
Total operating expenses($4,735)
Net operating income$16,352
Down payment$54,980
Renovation budget$51,940
Total cash invested$106,920
All-in cost$326,840
Loan amount$219,920
Monthly payment (P&I)$1,463.13
Annual debt service($17,558)
Annual cash flow-$1,206

This listing reads as a fixer, so we seeded a rough renovation budget to keep the cap rate honest — the low list price isn't a bargain if it needs work. It's only an estimate; replace it with a contractor bid to see your real return.

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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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