Home on the lake

$475,000
4
3
2,600
sq. ft.
$183
per sq ft
Heated sq ft: 2,600 sq ft
Avg Nightly Rate: $279
Home Legally Sleeps: 14
Occupancy Rate: 30 weeks
Annual Gross Income : 66709
Annual Net Operating Income : 11708
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Broker
Seller Financing: No
Niche: Nature, Weddings or Family Reunions
New Construction: Inquire
Days on Vrolio: 479

Property Description

RARE FIND! Fully Furnished LAKE FRONT Legal Grandfathered Nightly Rental Home on just under an acre located on Table Rock Lake. This GEM has been a successful nightly rental for many years and has a book of business and repeat guest! This 4 bedroom 3 bath Cabin Style home in the woods has everything you need to enjoy your time on the lake including a pool table in the game room! Call today for your private showing as this one will FLY of the shelf! The lot next door is also for sale check MLS# 60154989 for more detail.

Presented by:
Agent:
Tracey Lightfoot
Worley And Associates
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 457
Low: 319
Peak: 457
Special Event: 460
Avarage: 279.00
Furniture Age
Inquire
Est Value of Furnishings
Inquire
Peak & High Seasons
March, April, May, June, July, August, September, October, November, December
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
66709
Net Operating Income
11708
Stories
2
Additional Indoor Rooms
Attached Garage for No car, Family Room, Finished basement, Living Room
Appliances
Dishwasher, Dryer, Full stove, Garbage Disposal, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric), Electric or Gas Firelace
Floor Coverings
Carpet, Real Hardwood
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Year built
1986
Outdoor Features
Deck, Fire Pit, Porch - Not screened
View
Lake, Wooded Area
Backyard Exposure
North
Lot Size
0.83 Acres. 0.7 Acre lot next door is also for sale at additional cost.
Community Features
Tax Amount/Year
$1,902
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Mandatory HOA
Inquire
Home Legally Sleeps:
14
Onsite Parking
2 Car Parking Garage and Driveway
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
$5.97
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
4 Years
Occupancy Rate
30
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Owner
Managed By
Owner
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
$180.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
Inquire
Water/Sewer (Annual)
Inquire
Cable/Interbet (Annual)
Inquire
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$1,902.21
Homeowner's Insurance (Annual)
Inquire
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
Total Capital Investment

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Income
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Additional Nightly Insurance Policy Annually

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Sales, Bed, Resort, Tourist Tax Annually ($)

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Accounting

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Loan
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: Worley And Associates, 417-251-1946

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