ACTIVEsingle familyvia mls

57 Kings Cove Lane

Reeds Spring, MO, 65737

1 bd1 ba430 sqftBuilt 1963

Listing courtesy of ReeceNichols - Springfield · (417) 883-6666 · MLS# SOM60313673

List price

$175,000

$407/sqft

Listing description

Lakefront Opportunity Just Steps from the Water! Enjoy the lakefront views while owning a fully furnished cabin that's ready to be enjoyed today or set up for short-term rental. Boat slip available for purchase (additional $65k), making this an ideal setup for lake days and weekend getaways. This charming, easy-to-own cabin offers a rare mix of turn-key usability and future potential.Recent updates support comfortable, efficient living, including refreshed kitchen finishes and a newer mini-split system for heating and cooling. The home also features a wall A/C unit that could be removed to create space for a large picture window--an exciting opportunity to further capture the lake setting.Enjoy lake living with the water just a short walk away, perfect for boating, swimming, or relaxed days by the shore. The boat slip is available separately, adding flexibility and long-term value.Located in a well-established, welcoming community, the COA supports carefree ownership with a pool, billiards table, internet, cable, and lawn maintenance. A water softener--an uncommon and valuable feature for cabins of this size--adds extra comfort and convenience.For buyers with vision, this cabin offers room to personalize over time while remaining completely functional and enjoyable as-is.

Financial analysis

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

Monthly cash flow

-$519

Cap rate (all-in)

2.5%

Cash-on-cash

-10.4%

DSCR

0.44

Purchase price

Down payment %

Interest rate %

Renovation budget (est.)

Nightly rate (ADR)

Occupancy %

Mgmt fee %

Lodging tax %

Est. annual revenue$24,528

Stays / year58

Property tax($1,351)

Insurance($875)

Utilities($2,160)

Electricity($120)

Waterin HOA dues

Sewerin HOA dues

Trashin HOA dues

Internet / cable($60)

HOA($2,820)

Management($4,906)

Maintenance reserve($1,226)

Cleaning($5,256)

Lodging / tourism tax($981)

Total operating expenses($19,575)

Net operating income$4,953

Down payment$35,000

Renovation budget$25,000

Total cash invested$60,000

All-in cost$200,000

Loan amount$140,000

Monthly payment (P&I)$931.42

Annual debt service($11,177)

Annual cash flow-$6,225

Break-even occupancy72.6%

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.