STR Yield
← Back to deals
46 Gooseberry Trl

46 Gooseberry Trl

Blue Ridge, GA 30513

$549,000

3 bd · 2 ba · 1,872 sqft · Listed 75d ago

View on Realtor.com →

Year built

1994

Sqft

1,872

Lot sqft

53,143

HOA / mo

None

Furnished

Yes

List date

2026-08-29T18:33:22.000000Z

Revenue

Annual revenue

$45,658

ADR

$245

Occupancy

51%

Cleaning fees (12 mo)

$9,201

Confidence

Med (54.97), 12 comps

Comp revenue range (p25 / median / p75)

$30,904$45,490$50,858

Median revenue of shown comps: $45,490

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

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

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

    AirbnbVrbo

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

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

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

    Vrbo

  • Aska Escape - Fireplaces, Hottub and more!

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

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

    AirbnbVrbo

  • Talking Waters - Fishing Camp

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

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

    AirbnbVrboBooking

  • Aska River House - Riverside relaxation!

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

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

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

    AirbnbVrboBooking

  • Enchanted Ridge

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

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

    AirbnbVrbo

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

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

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

    AirbnbVrboBooking

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

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

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

    AirbnbVrbo

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

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

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

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

    AirbnbVrbo

  • Three Honey Bears Cabin with private Hot Tub!

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

    • Hot tub
    • A/C
    • Wifi
    • Kitchen
    • +3

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

    AirbnbVrbo

Show 2 more
  • The Gathering

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

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

    AirbnbVrbo

  • Riverside Cabin w/ Hot Tub & Fire Pit

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

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

    AirbnbVrbo

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

Est. revenue

$45,658

NOI

$21,828

Cash flow /mo

$1,819

Cash needed

$570,960

Cash-on-cash (all cash)

3.8%

ROE (yr 1)

6.7%

Cap rate

4.0%

DSCR

—

Year-1 write-off

$145,812

Year-1 tax shield @ 32%

$46,660

Year-1 return on equity

  • Cash flow (annual)$21,828
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$16,470
ROE6.7%

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)$9,132
  • Platform fees (3% of revenue)$1,370
  • Maintenance / capex (5% of revenue)$2,283
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$999
  • Insurance (STR-rated)$5,847

Cash needed to close

  • Purchase price (all cash)$549,000
  • Closing costs (4.0%)$21,960
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$46,660

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

$520,000

Short-life (5/15-yr)

$144,000 · 28%

Year-1 deduction

$146,000

Year-1 tax shield @ 32%

$47,000

Land 5% (county tax record, market value split) · building $376,000 over 39 years

Based on: 1,872 sq ft, built 1994, 3 bd / 2 ba, furnished, listing features (hot tub, deck, patio, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $89,000 in year 1 (17% short-life, $29,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$75,800
  • Kitchen cabinetsdefault

    $9,900 new × 40% good × 2.89 allocation

    $11,400
  • Kitchen countertopsdefault

    $8,100 new × 40% good × 2.89 allocation

    $9,400
  • Decorative trimdefault

    $3,300 new × 40% good × 2.89 allocation

    $3,800
  • Mirrorsdefault

    $300 new × 40% good × 2.89 allocation

    $300
  • Shelvingdefault

    $1,200 new × 40% good × 2.89 allocation

    $1,400
  • Window coverings (19)default

    $4,800 new × 40% good × 2.89 allocation

    $5,500
  • Carpet, vinyl & laminate (33% of floors)listing

    $4,000 new × 40% good × 2.89 allocation

    $4,600
  • Kitchen & laundry equipment plumbingdefault

    $7,700 new × 40% good × 2.89 allocation

    $8,900
  • Kitchen, laundry & data equipment electricaldefault

    $4,700 new × 40% good × 2.89 allocation

    $5,400
  • Appliances (microwave, dishwasher, refrigerator, washer, dryer)listing

    $5,900 new × 40% good × 2.89 allocation

    $6,800
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.89 allocation

    $10,400
  • Furniture conveyed with the sale (used)listing

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

    $7,800
15-year land improvements$68,000
  • Paving: driveway & walks (paved)default

    $9,000 new × 50% good × 2.89 allocation

    $13,000
  • Landscaping (typical)default

    $8,600 new × 50% good × 2.89 allocation

    $12,500
  • Patioslisting

    $8,400 new × 50% good × 2.89 allocation

    $12,200
  • Decks & porches (attached)listing

    $21,100 new × 50% good × 2.89 allocation

    $30,400
Building, 39-year$376,400
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $203,000 new × 47% good × 2.89 allocation

    $273,800
  • Building plumbing & fixturesdefault

    $21,100 new × 40% good × 2.89 allocation

    $24,300
  • Building electrical & lightingdefault

    $21,000 new × 40% good × 2.89 allocation

    $24,300
  • HVACdefault

    $21,100 new × 40% good × 2.89 allocation

    $24,400
  • Hardwood & tile floorsdefault

    $8,000 new × 40% good × 2.89 allocation

    $9,300
  • Fireplacelisting

    $2,600 new × 40% good × 2.89 allocation

    $3,000
  • Septic systemlisting

    $12,000 new × 50% good × 2.89 allocation

    $17,300

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$75,800$68,000$2,000$145,800
2$0$0$9,700$9,700
3$0$0$9,700$9,700
4$0$0$9,700$9,700
5$0$0$9,700$9,700
6+$0$0$335,800$335,800
Total$75,800$68,000$376,400$520,200

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.