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ACTIVEcondovia mls

3 Woodpecker Lane, Unit 1

Branson, MO, 65616

2 bd2 ba864 sqftBuilt 1994

Listing courtesy of Ozark Mountain Realty Group, LLC · (417) 213-5516 · MLS# SOM60319238

List price

$190,500

7% price cut$205,500

$220/sqft

Listing description

Table Rock Lake view condo in Branson, MO, operating as an established nightly rental at Lantern Bay. This well-maintained 2-bedroom, 2-bath condo offers 864 square feet of open, airy living space with updated flooring, a fireplace, and abundant natural light. The private deck extends the living area outdoors with peaceful views of Table Rock Lake, a natural spot for morning coffee or evening relaxation. The primary suite offers comfort and privacy, while the second bedroom and second full bath give guests their own space. The condo currently operates as a nightly rental and is sold turnkey, ready to continue as a Branson short-term rental, lake retreat, or full-time residence. Lantern Bay Condos amenities include a community swimming pool, tennis courts, a playground, and walking and biking trails, with trash service included in the association for low-maintenance ownership.

Financial analysis

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

Monthly cash flow

-$305

Cap rate

4.5%

Cash-on-cash

-9.6%

DSCR

0.70

Purchase price

Down payment %

Interest rate %

Renovation budget

Nightly rate (ADR)

Occupancy %

Mgmt fee %

Lodging tax %

Est. annual revenue$32,412

Stays / year58

Property tax($1,102)

Insurance($953)

Utilities($2,700)

Electricity($120)

Water($25)

Sewer($20)

Trashin HOA dues

Internet / cable($60)

HOA($4,500)

Management($6,482)

Maintenance reserve($1,621)

Cleaning($5,256)

Lodging / tourism tax($1,296)

Total operating expenses($23,910)

Net operating income$8,502

Down payment$38,100

Loan amount$152,400

Monthly payment (P&I)$1,013.92

Annual debt service($12,167)

Annual cash flow-$3,665

Break-even occupancy57.9%

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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.