Branson MO Table Rock Lake Luxury Property
$1,500,000
target home price
$187,500
cost per share
$1,696 / mo
estimated costs
$1,875 / mo
monthly income
CASH AT CLOSING PER SHARE
|
Down Payment
$37,500
|
Closing Cost
$11,250
|
Reserve Fund Deposit
$5,625
|
Total Cash at Closing
$54,375
|
Details
This stunning Turn-Key Table Rock Lake Home is a must-see. With nine spacious bedrooms that sleep 23 guests, spread across three levels, this lakefront property offers convenience and comfort for large groups. The eight & a half bathrooms strategically placed throughout ensure maximum privacy, with 4 king bedrooms having their own private bathrooms. Each pristine bathroom offers quality towels, stylish accent pieces, and luxurious finishes, including walk-in showers with rain shower features and mirrored vanities with ample storage. The contemporary kitchen boasts plenty of counter space, stainless steel appliances, & fully stocked drawers & cabinets. The adjacent sunny dining area features a spacious farmhouse-style table that seats up to 14 people, providing the perfect space for meals, games, or working together. Connected to the dining area is the main living room, furnished with high-end leather furniture. Choose a spot on the luxurious leather sectional & enjoy the best seat in front of the stone fireplace Large windows offer breathtaking views of the lake beyond. Head downstairs to the lower level, where a recreational room awaits with more high-end furniture, & shuffleboard. This lounge area also boasts expansive windows overlooking the lake, allowing natural light to flood the space during the day. This stunning lake house offers two levels of outdoor living complete with a hot tub. Start your day on the top deck with a cup of coffee or breakfast at the picnic table, or unwind with a good book in the comfortable outdoor furniture. The fantastic location near Silver Dollar City & the 76 strip in Branson ensures easy access to local attractions. Also access to a neighborhood amenities, including a clubhouse, pools, playground, & more. Whether used as an investment property or a personal vacation home, this retreat is sure to provide a simplified experience. Link to full listing https://www.flexmls.com/cgi-bin/mainmenu.cgi?cmd=url+other/run_public_link.html&public_link_tech_id=1r8j1k78vay8&s=16&id=1&san=30306&cid=1
House Usage
- 8 shares total
- 6 weeks a year per share
About the Organizer
Branson MO is the home of Carolyn Crispin,the leader of the Crispin Team, Keller Williams Tri-Lakes in Branson, Missouri. The Crispin Team is a dynamic team of 10 agents, marketing and administrative staff. Carolyn has 34 years in investments and sales. Carolyn has expertise in Branson home sales and new home construction, condo, land, and commercial property. Carolyn has been named as one of the 2010 417 Lands Top 100 Realtors for 417 Magazine Carolyn's philosophy is you are as successful as the people you surround yourself with in your business. She has put together a very successful team of 10 to handle each buyer or seller's needs. The Crispin Team sells Branson Real Estate.
Amenities
- Fire place
- Game room
- Hot tub
- Pool
- Porch
- Waterfront
House Rules
- Pets allowed
- Firearms allowed
- Short term renting permitted
Ask A Question
Calculated Costs per Share
CASH AT CLOSING PER SHARE
|
Down Payment
$37,500
|
Closing Cost
$11,250
|
Reserve Fund Deposit
$5,625
|
Total Cash at Closing
$54,375
|
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.
ESTIMATED MONTHLY EXPENSES PER SHARE
|
Mortgage Payment
$1,101
|
Insurance/Taxes
$203
|
Repairs
$156
|
Maintenance
$156
|
Utilities
$51
|
Cleaning
$28
|
Total Expenses
$1,696
|
ESTIMATED MONTHLY INCOME PER SHARE
|
Monthly Income
$1,875
|
Total Monthly Income
$1,875
|
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.