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Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium

363 Weeks Creek Rd

363 Weeks Creek Rd

Blue Ridge, GA 30513

$669,000

3 bd · 3 ba · 1,872 sqft · Listed today

View on Realtor.com →
Negative cash flow

Year built

2007

Sqft

1,872

Lot sqft

67,082

HOA / mo

None

Furnished

Yes

List date

2026-10-04T02:54:31.000000Z

Revenue

Annual revenue

$41,191

ADR

$203

Occupancy

56%

Cleaning fees (12 mo)

$7,763

Confidence

Med (53.21), 13 comps

Comp revenue range (p25 / median / p75)

$25,699$42,507$50,279

Median revenue of shown comps: $42,507

  • Sleeps 8, TV Room, Hot Tub, Fire pit, PuttingGreen

    Cabin · 3 bd · 3 ba · sleeps 8 · 13 ft

    Revenue $38,577ADR $228Occ ≈ 46%5★ (46)

    AirbnbVrbo

  • Three Honey Bears Cabin with private Hot Tub!

    Cabin · 3 bd · 3 ba · sleeps 6 · 289 ft

    Revenue $11,579ADR $240Occ ≈ 13%4.9★ (52)

    AirbnbVrbo

  • Riverside Cabin w/ Hot Tub & Fire Pit

    Cabin · 3 bd · 3 ba · sleeps 6 · 430 ft

    Revenue $42,507ADR $335Occ ≈ 35%4.9★ (8)

    AirbnbVrbo

  • The Gathering

    Cabin · 3 bd · 3 ba · sleeps 6 · 479 ft

    Revenue $19,094ADR $217Occ ≈ 24%5★ (18)

    AirbnbVrbo

  • Perfect Getaway Lots 2 Do! Upscale Real-Log Cabin & Great Rate! Families/Couples

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.2 mi

    Revenue $32,639ADR $241Occ ≈ 37%5★ (204)

    Vrbo

  • Aska Escape - Fireplaces, Hottub and more!

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.3 mi

    Revenue $25,699ADR $248Occ ≈ 28%4.8★ (7)

    AirbnbVrbo

  • Aska River House - Riverside relaxation!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $48,472ADR $300Occ ≈ 44%4.8★ (22)

    AirbnbVrboBooking

  • NEW River Run Cabin - 20ft f/Water Edge - 3Bd/2Bth

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $66,294ADR $272Occ ≈ 67%4.8★ (127)

    AirbnbVrbo

  • Talking Waters - Fishing Camp

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $52,596ADR $273Occ ≈ 53%4.9★ (81)

    AirbnbVrboBooking

  • Creek*Fire Pit*Hot Tub*Pool Table*Arcade*Forest

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.6 mi

    Revenue $50,279ADR $213Occ ≈ 65%5★ (180)

    AirbnbVrbo

Show 3 more
  • A River Runs Through It- Waterfront, HotTub, Pets!

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.6 mi

    Revenue $80,499ADR $387Occ ≈ 57%4★ (11)

    AirbnbVrboBooking

  • Enchanted Ridge

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.7 mi

    Revenue $49,405ADR $240Occ ≈ 56%5★ (37)

    AirbnbVrbo

  • Private, Elevated Experience In The Mountains

    Cabin · 3 bd · 3 ba · sleeps 7 · 0.8 mi

    Revenue $22,644ADR $370Occ ≈ 17%5★ (1)

    AirbnbVrboBooking

Revenue and nightly rate (ADR) are trailing-12-month figures per listing. Occupancy is estimated as revenue ÷ ADR ÷ 365 and can read high when revenue includes cleaning fees.

Cash flow calculator

Financing
Management
Term

Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium

Est. revenue

$41,191

NOI

$16,987

Cash flow /mo

-$2,277

Cash needed

$194,010

Cash-on-cash

-14.1%

ROE (yr 1)

-1.6%

Cap rate

2.5%

DSCR

0.38

Year-1 write-off

$132,826

Year-1 tax shield @ 32%

$42,504

Year-1 return on equity

  • Cash flow (annual)-$27,319
  • Principal paydown$4,167
  • Appreciation at%$20,070
ROE-1.6%

Tax savings aren't counted. Turn on “Count tax savings in returns” above if you can use the losses.

Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$8,238
  • Platform fees (3% of revenue)$1,236
  • Maintenance / capex (5% of revenue)$2,060
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$1,346
  • Insurance (STR-rated)$7,125

Cash needed to close

  • Down payment (25%)$167,250
  • Closing costs (4.0%)$26,760
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$42,504

Property tax, insurance rate and the land/building split come from this listing's county tax record; other assumptions match the daily feed (see tasks/plan.md).

The write-off comes from the cost segregation estimate below. Not tax advice.

Cost segregation estimate

An estimate from the listing: every part of the home is priced from national construction costs, less wear for age, and the price (less land) is spread over the parts in proportion. The headline is what a typical cost seg study would claim for this property. The answers below are optional refinements.

Depreciable basis

$606,000

Short-life (5/15-yr)

$132,000 · 22%

Year-1 deduction

$133,000

Year-1 tax shield @ 32%

$43,000

Land 10% (county tax record, market value split) · building $474,000 over 39 years

Based on: 1,872 sq ft, built 2007, 3 bd / 3 ba, furnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $82,000 in year 1 (13% short-life, $26,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$80,000
  • Kitchen cabinetsdefault

    $9,900 new × 40% good × 2.58 allocation

    $10,200
  • Kitchen countertopsdefault

    $8,100 new × 40% good × 2.58 allocation

    $8,400
  • Decorative trimdefault

    $3,300 new × 40% good × 2.58 allocation

    $3,400
  • Mirrorsdefault

    $500 new × 40% good × 2.58 allocation

    $500
  • Shelvingdefault

    $1,200 new × 40% good × 2.58 allocation

    $1,200
  • Window coverings (19)default

    $4,800 new × 40% good × 2.58 allocation

    $4,900
  • Carpet, vinyl & laminate (33% of floors)listing

    $4,000 new × 40% good × 2.58 allocation

    $4,100
  • Kitchen & laundry equipment plumbingdefault

    $7,700 new × 62% good × 2.58 allocation

    $12,300
  • Kitchen, laundry & data equipment electricaldefault

    $4,700 new × 62% good × 2.58 allocation

    $7,500
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 2.58 allocation

    $8,000
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.58 allocation

    $9,300
  • Furniture conveyed with the sale (used)listing

    $19,500 new × 40% good · out of the price

    $7,800
  • Game-room equipment (used)listing

    $6,000 new × 40% good · out of the price

    $2,400
15-year land improvements$52,300
  • Paving: driveway & walks (paved)default

    $9,000 new × 50% good × 2.58 allocation

    $11,600
  • Landscaping (typical)default

    $8,600 new × 50% good × 2.58 allocation

    $11,100
  • Patiosdefault

    $1,800 new × 50% good × 2.58 allocation

    $2,400
  • Decks & porches (attached)listing

    $21,100 new × 50% good × 2.58 allocation

    $27,200
Building, 39-year$473,800
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $202,900 new × 68% good × 2.58 allocation

    $358,100
  • Building plumbing & fixturesdefault

    $21,100 new × 62% good × 2.58 allocation

    $33,700
  • Building electrical & lightingdefault

    $21,000 new × 62% good × 2.58 allocation

    $33,600
  • HVACdefault

    $21,100 new × 40% good × 2.58 allocation

    $21,800
  • Hardwood & tile floorsdefault

    $8,000 new × 40% good × 2.58 allocation

    $8,300
  • Fireplacelisting

    $2,600 new × 40% good × 2.58 allocation

    $2,700
  • Septic systemlisting

    $12,000 new × 50% good × 2.58 allocation

    $15,500

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$80,000$52,300$500$132,800
2$0$0$12,100$12,100
3$0$0$12,100$12,100
4$0$0$12,100$12,100
5$0$0$12,100$12,100
6+$0$0$424,700$424,700
Total$80,000$52,300$473,800$606,100

Model-based estimate, not an engineered cost segregation study. The IRS doesn’t approve studies; get a professional study before filing. Using these losses against W-2 income needs the short-term rental exception (average stay ≤7 days + material participation). The 39-year building life applies because stays average under 30 days, a separate test (27.5 years for a long-term rental). Federal only: California, Georgia and Wisconsin disallow bonus depreciation, Ohio adds back 5/6 of it, and Tennessee has no personal income tax. Not tax advice.

Market note

Fannin and Gilmer counties require STR registration and lodging tax; no cap found. Blue Ridge and Ellijay city limits have their own rules; most cabins are in unincorporated county.