$245,000
Cottage with legal short-term rental history
2 bd2 ba
3,300 sqft
60 ft shore
No dock
$4,083/ft
Sunset-facing lot, dock permit in hand on Lake Oahe. Roughly 220 feet of owned shoreline on 1.38 acres, with 3 bedrooms across 1,050 square feet. Crib dock with lift. Water clarity on Lake Oahe averages around 10 feet and the lake is classified volatile for water level. Dock and shoreline work fall under USACE Omaha District. This is a sample listing used to demonstrate the platform.
| Down payment | $49,000 |
| Closing costs (est. 2.4%) | $5,880 |
| Septic inspection & pump | $850 |
| Water quality testing | $400 |
| Waterfront home inspection | $800 |
| Survey (shoreline frontage) | $1,200 |
| Total | $58,130 |
| Principal & interest | $15,490 |
| Property taxes | $2,516 |
| Hazard insurance | $1,400 |
| Flood insurance | $2,400 |
| HOA / POA dues | $540 |
| Utilities | $2,400 |
| Maintenance reserve (1.1%) | $2,695 |
| Septic service | $520 |
| Well & water testing | $260 |
| Dock maintenance | $900 |
| Winterization / seasonal close | $750 |
| Shoreline / seawall reserve | $1,320 |
| Total | $31,191 |