ACTIVEcondovia mls

140 Wilshire Drive, Unit 38

Hollister, MO, 65672

2 bd2 ba1,264 sqftBuilt 1986

Listing courtesy of AMS Associates, LLC · (417) 230-0576 · MLS# SOM60336100

List price

$154,500

$122/sqft

Listing description

UNBEATABLE VALUE IN A QUIET 55+ HOLLISTER COMMUNITY! Enjoy easy, convenient living in this walk-in, first-floor, two-bedroom, two-bath condo featuring a private patio and parking directly in front of the unit--no stairs to climb!Inside, you'll find beautiful new luxury vinyl plank flooring, well-maintained HVAC and appliances, and a comfortable, move-in-ready retreat. Priced $10,000 below the next most affordable condo in the complex, this is an exceptional opportunity!Located in a peaceful 55+ community with no nightly rentals, this condo is ideal for a full-time residence or relaxing vacation getaway. Enjoy several swimming pools, a clubhouse, and a private fishing dock. A third-party boat slip is also available for an additional purchase price.Best of all, you're just 2 miles from Downtown Branson, with convenient access to shopping, groceries, medical facilities, and the post office.LOCATION, CONVENIENCE, AMENITIES, AND AN INCREDIBLE PRICE--THIS ONE HAS IT ALL!Don't miss this outstanding opportunity. Call today to schedule your private showing!

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

-$28

Cap rate

6.2%

Cash-on-cash

-1.1%

DSCR

0.97

Purchase price

Down payment %

Interest rate %

Renovation budget

Monthly rent

Vacancy %

Mgmt fee %

Est. annual revenue$16,152

Property tax($897)

Insurance($618)

Utilities($0)

HOA($3,000)

Management($1,292)

Maintenance reserve($808)

Total operating expenses($6,614)

Net operating income$9,537

Down payment$30,900

Loan amount$123,600

Monthly payment (P&I)$822.31

Annual debt service($9,868)

Annual cash flow-$331

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Talk to a Branson STR expert

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.