$540,000
Bluff lot with tram to the dock
2 bd3 ba
3,400 sqft
180 ft shore
Single-slip stationary
$3,000/ft
Low-maintenance condo with a deeded slip on Lake Shelbyville. Roughly 180 feet of owned shoreline on 3.39 acres, with 4 bedrooms across 4,000 square feet. Single-slip stationary. Water clarity on Lake Shelbyville averages around 4 feet and the lake is classified managed for water level. Dock and shoreline work fall under USACE St. Louis District. This is a sample listing used to demonstrate the platform.
| Down payment | $119,000 |
| Closing costs (est. 2.4%) | $14,280 |
| Septic inspection & pump | $850 |
| Water quality testing | $400 |
| Waterfront home inspection | $800 |
| Survey (shoreline frontage) | $1,200 |
| Total | $136,530 |
| Principal & interest | $37,619 |
| Property taxes | $6,052 |
| Hazard insurance | $2,499 |
| Flood insurance | $2,400 |
| HOA / POA dues | $3,000 |
| Utilities | $5,400 |
| Maintenance reserve (1.1%) | $6,545 |
| Septic service | $520 |
| Well & water testing | $260 |
| Dock maintenance | $900 |
| Winterization / seasonal close | $750 |
| Shoreline / seawall reserve | $1,080 |
| Total | $67,025 |