Table Rock Lake Luxury Home
$1,000,000
target home price
$125,000
cost per share
$1,157 / mo
estimated costs
$1,250 / mo
monthly income
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CASH AT CLOSING PER SHARE
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Down Payment
$25,000
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Closing Cost
$7,500
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Reserve Fund Deposit
$3,750
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Total Cash at Closing
$36,250
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Details
193 Chateau Mountain Drive, Branson, MO 65616
Looking for an all-inclusive STR Investment or the ideal vacation home on Table Rock Lake? Your search ends here. This picturesque Table Rock Lake home offers an incredible vacation experience for large families or groups, accommodating up to 16! After a day of outdoor adventures and exploring local attractions, return to this spacious living space with a game room, multiple decks, a hot tub, and stunning views. With five king bedrooms and a sixth bedroom featuring two twin-over-full bunks, this venue is the ultimate lakeside getaway. Each bedroom conveniently includes its own private bathroom. The well-equipped kitchen provides all the essentials for preparing delicious dinners, featuring stylish stainless-steel appliances and stocked cabinets. The kitchen island is the perfect spot for enjoying breakfast or evening cocktails. The inviting lounge area with comfortable furnishings invites you to unwind and relax while enjoying your favorite movies on a large screen. Outside, the middle deck offers a gas grill for outdoor grilling while marveling at the breathtaking views of Table Rock Lake. The lower level of the home features a fun-filled game room with ample space for kids to play. The glass doors lead to the lower deck/patio with a private hot tub and seating area, allowing you to soak in the fresh air and picturesque surroundings. Additionally, guests have access to community amenities such as the clubhouse, indoor and outdoor pools, playground, and tennis court. All these amenities are conveniently located within a 5-minute drive to Table Rock Lake, 8 minutes to 76 Country Blvd, and 10 minutes to Silver Dollar City. Whether you choose to use this property as an investment or personal vacation home, this retreat guarantees a simplified and enriching experience.
House Usage
- 8 shares total
- 6 weeks a year per share
About the Organizer
I am Carolyn Crispin, the leader of the Crispin Team. It is important to me that you know who you are working with when you chose us to represent you. I started my business career in the investment world, where 30 plus years I was an investment broker and owned my own commodity company. I entered the Real Estate business over 20 years ago where I have now built a team of Real Estate agents that specialize in all areas of the market. I also am the Operating Partner of Keller Williams Tri-Lakes and Keller Williams Lake of the Ozarks. Being in this role I travel to different parts of the country where I network with Real Estate Agents and promote our area. Our team is focused on excellence in customer service. Clients are never treated like a number, their satisfaction is our number one priority. We set realistic expectations that we want them to hold us accountable for at all times. Our philosophy is that “No one succeeds alone”. Our Mission Statement “To develop a lifelong relationship with every client through the highest level of trust, integrity, authenticity, passion and industry knowledge” is one by which we truly live and lead!
Amenities
- Fire place
- Game room
- Hot tub
- Pool
- Porch
- Waterfront
House Rules
- Pets allowed
- Firearms allowed
- Short term renting permitted
Ask A Question
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Calculated Costs per Share
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CASH AT CLOSING PER SHARE
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Down Payment
$25,000
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Closing Cost
$7,500
|
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Reserve Fund Deposit
$3,750
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Total Cash at Closing
$36,250
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This is an estimate of the amount of cash needed when closing on the purchase of a property financed with a 30 year Mortgage at 8.0% interest rate.
Plum’s estimate includes 20% of the value of the house as a down payment, 6% of the value of the house for closing costs (including Plum’s Group Success Fee) and 3% of the value of the house for the initial reserve fund.
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ESTIMATED MONTHLY EXPENSES PER SHARE
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Mortgage Payment
$734
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Insurance/Taxes
$135
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Repairs
$104
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Maintenance
$104
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Utilities
$51
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Cleaning
$28
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Total Expenses
$1,157
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ESTIMATED MONTHLY INCOME PER SHARE
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Monthly Income
$1,250
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Total Monthly Income
$1,250
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A good threshold for rental property investment is the 1% Rule (source). It states that you should only invest in rental property if you are reasonably confident that the property can rent for 1% of the sale price per month.
We’ve included that assumption here. It is critical that the group validate pricing, rental history, and future rental projections of any specific property before proceeding with a purchase. You can explore rental incomes of any property with this free estimation tool at Rabbu.com.