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ACTIVEcondovia mls

24 Starboard Drive, Unit 12

Kimberling City, MO, 65686

2 bd2 ba1,300 sqftBuilt 1992

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60333183

List price

$315,000

$242/sqft

Listing description
WHAT A VIEW--and what a way to enjoy the next chapter! If you've been dreaming about simplifying life without giving up the things you love, this 2-bedroom, 2-bath lakeview condo in Schooner Bay Landing may be the perfect fit. Here, lake living is less about the work and more about enjoying the life you've worked hard for.Start your mornings with coffee on the expansive covered deck overlooking Table Rock Lake. Facing southwest, it's also the perfect place to end the day with brilliant Ozarks sunsets stretching across the water--and when the Port of Kimberling lights up the sky, you can enjoy the fireworks right from home. Even the covered front entrance creates another inviting outdoor living space to enjoy.Inside, comfortable one-level living makes everyday life easy. The kitchen features warm wood cabinetry with soft close drawers and an eat-in bar, flowing naturally into the dining and living areas. Tall ceilings and a skylight fill the space with natural light, while the wood-burning fireplace adds that cozy lake-home feeling. The spacious primary bedroom provides a peaceful retreat, and the bathrooms offer both a jetted tub and walk-in shower. Newer HVAC less than 3yrs old, newer windows, and more upgrades with you in mind. And downsizing doesn't mean giving up your storage! The oversized one-car garage provides additional storage space, giving you room for the car, lake gear, seasonal items, and those things you're simply not ready to part with. It's another reason this condo feels like the perfect fit. Best of all, leave the lawn maintenance to the condo association and spend your time boating, traveling, dining out--or simply enjoying the view. With lakefront access and the Port of Kimberling nearby, you're close to boating, lake restaurants, shopping, community activities, and everything that makes Kimberling City special. You've handled the responsibilities. Now choose a home that gives you more time to enjoy life. Just bring yourself to t
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

-$1,144

Cap rate

2.0%

Cash-on-cash

-21.8%

DSCR

0.32

Est. annual revenue$16,152
Property tax($980)
Insurance($1,260)
Utilities($0)
HOA($5,424)
Management($1,292)
Maintenance reserve($808)
Total operating expenses($9,763)
Net operating income$6,388
Down payment$63,000
Loan amount$252,000
Monthly payment (P&I)$1,676.56
Annual debt service($20,119)
Annual cash flow-$13,731

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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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