223 Mango Cir
Ellijay, GA 30540
$369,900
2 bd · 2 ba · Listed today
View on Realtor.com →Year built
1999
Sqft
—
Lot sqft
25,265
HOA / mo
None
Furnished
Yes
List date
2026-10-23T02:47:45.000000Z
Revenue
Annual revenue
$30,288
ADR
$188
Occupancy
44%
Cleaning fees (12 mo)
$6,226
Confidence
Low (45.54), 17 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $27,031
Unique cozy cabin - Family Fun-Game room
Cabin · 2 bd · 2 ba · sleeps 6 · 0.4 mi
- Hot tub
- Pool
- A/C
- Free parking
- +4
Revenue $65,802ADR $310Occ ≈ 58%4.8★ (264)
Pets allowed, Family friendly, Cozy mountain cabin
Cabin · 2 bd · 2 ba · sleeps 4 · 0.6 mi
Revenue $36,503ADR $151Occ ≈ 66%4.9★ (232)
Charli's Place, Private Lux Cabin, Hot Tub, Caters Lake, MT Views, Sunrise-Sunset
Vacation home · 2 bd · 2 ba · sleeps 8 · 0.6 mi
Revenue $13,249ADR $208Occ ≈ 17%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Chalet Bellaboo Lic.# 004390 Cabin | 2 bd · 2 ba · sleeps 4 | $16,765 | $240 | 19% | 4.9★ (47) | 0.2 mi | AirbnbVrbo |
DECKS/3mins to REC/8mins to WINE/Hot Tub Cabin | 2 bd · 2 ba · sleeps 5 | $27,320 | $228 | 33% | 5★ (31) | 0.3 mi | AirbnbVrboBooking |
Unique cozy cabin - Family Fun-Game room Cabin
| 2 bd · 2 ba · sleeps 6 | $65,802 | $310 | 58% | 4.8★ (264) | 0.4 mi | Airbnb |
Fox Hollow Ellijay Stay Cabin | 2 bd · 2 ba · sleeps 6 | $17,239 | $194 | 24% | 4.5★ (102) | 0.5 mi | AirbnbVrbo |
Cottage in the Woods House | 2 bd · 2 ba · sleeps 6 | $31,961 | $178 | 49% | 4.9★ (60) | 0.5 mi | AirbnbVrbo |
Peaceful Coosawatee River Resort-Outdoor Fireplace House | 2 bd · 2 ba · sleeps 6 | $44,580 | $190 | 64% | 5★ (53) | 0.5 mi | AirbnbVrbo |
Charlis Place | Hot Tub + Carter Lake + Mtn View Cabin
| 2 bd · 2 ba · sleeps 6 | $23,717 | $275 | 24% | 4.9★ (59) | 0.6 mi | AirbnbVrboBooking |
Pets allowed, Family friendly, Cozy mountain cabin Cabin | 2 bd · 2 ba · sleeps 4 | $36,503 | $151 | 66% | 4.9★ (232) | 0.6 mi | Vrbo |
Charli's Place, Private Lux Cabin, Hot Tub, Caters Lake, MT Views, Sunrise-Sunset Vacation home | 2 bd · 2 ba · sleeps 8 | $13,249 | $208 | 17% | — | 0.6 mi | Booking |
Deer Tracks Located in Coosawattee Resort Cabin | 2 bd · 3 ba · sleeps 8 | $7,470 | $254 | 8% | 4.7★ (32) | 0.6 mi | AirbnbVrbo |
Show 8 more
Cozy Cabin in Ellijay: 2BR, Hot-tub, Pet Friendly
Cabin · 2 bd · 2 ba · sleeps 4 · 0.6 mi
Revenue $27,935ADR $194Occ ≈ 39%5★ (39)
“River Whispers” on the Coosawattee River
Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.6 mi
Revenue $8,923ADR $0Occ ≈ —5★ (9)
Mountain Modern Cabin
Cabin · 2 bd · 2 ba · sleeps 4 · 0.7 mi
Revenue $26,741ADR $176Occ ≈ 42%—
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Cozy Cabin in Ellijay: 2BR, Hot-tub, Pet Friendly Cabin | 2 bd · 2 ba · sleeps 4 | $27,935 | $194 | 39% | 5★ (39) | 0.6 mi | Airbnb |
“River Whispers” on the Coosawattee River Cabin | 2 bd · 1.5 ba · sleeps 4 | $8,923 | $0 | — | 5★ (9) | 0.6 mi | Airbnb |
Mountain Modern Cabin Cabin | 2 bd · 2 ba · sleeps 4 | $26,741 | $176 | 42% | — | 0.7 mi | Delisted |
Modern Mountain Luxury w/ Hot tub, Hammock & BBQ Cabin
| 2 bd · 2 ba · sleeps 8 | $51,945 | $272 | 52% | 5★ (38) | 0.7 mi | AirbnbVrbo |
French Kisses, Hot Tub, New Build, Carter's Lake Cabin
| 2 bd · 1 ba · sleeps 4 | $33,469 | $273 | 34% | 5★ (19) | 0.7 mi | AirbnbVrboBooking |
Fireside Chalet | Ellijay, GA Cabin
| 2 bd · 1 ba · sleeps 4 | $33,671 | $263 | 35% | 4.8★ (18) | 0.7 mi | AirbnbVrbo |
Creekside Retreat | Hot Tub Bliss & Firepit Nights Cabin | 2 bd · 2 ba · sleeps 6 | $24,929 | $277 | 25% | 4.8★ (17) | 0.7 mi | AirbnbVrbo |
Peace On The Porch | Ellijay, GA Cabin
| 2 bd · 2 ba · sleeps 4 | $12,042 | $227 | 15% | 5★ (1) | 0.8 mi | 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
Rate 8.07% = 7.32% Freddie Mac 30-yr avg (Oct 22) + 0.75% investor premium
Est. revenue
$30,288
NOI
$11,280
Cash flow /mo
-$1,109
Cash needed
$107,271
Cash-on-cash
-12.4%
ROE (yr 1)
0.1%
Cap rate
3.0%
DSCR
0.46
Year-1 write-off
$84,311
Year-1 tax shield @ 32%
$26,980
Year-1 return on equity
- Cash flow (annual)-$13,310
- Principal paydown$2,286
- Appreciation at%$11,097
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)$6,058
- Platform fees (3% of revenue)$909
- Maintenance / capex (5% of revenue)$1,514
- Utilities & supplies$4,200
- HOA$0
- Property tax$2,332
- Insurance (STR-rated)$3,995
Cash needed to close
- Down payment (25%)$92,475
- Closing costs (4.0%)$14,796
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$26,980
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
$362,000
Short-life (5/15-yr)
$84,000 · 23%
Year-1 deduction
$84,000
Year-1 tax shield @ 32%
$27,000
Land 2% (county tax record, market value split) · building $278,000 over 39 years
Based on: ~1,400 sq ft (from beds), built 1999, 2 bd / 2 ba, furnished, listing features (deck, fireplace, flooring types, appliance list, septic, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $46,000 in year 1 (13% short-life, $15,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $8,600
Kitchen cabinetsdefault
$8,900 new × 40% good × 2.43 allocation
- $7,000
Kitchen countertopsdefault
$7,300 new × 40% good × 2.43 allocation
- $2,400
Decorative trimdefault
$2,500 new × 40% good × 2.43 allocation
- $300
Mirrorsdefault
$300 new × 40% good × 2.43 allocation
- $900
Shelvingdefault
$900 new × 40% good × 2.43 allocation
- $3,400
Window coverings (14)default
$3,500 new × 40% good × 2.43 allocation
- $2,900
Carpet, vinyl & laminate (33% of floors)listing
$3,000 new × 40% good × 2.43 allocation
- $7,700
Kitchen & laundry equipment plumbingdefault
$6,900 new × 46% good × 2.43 allocation
- $4,700
Kitchen, laundry & data equipment electricaldefault
$4,200 new × 46% good × 2.43 allocation
- $5,000
Appliances (dishwasher, refrigerator, washer, dryer)listing
$5,200 new × 40% good × 2.43 allocation
- $6,400
Furniture conveyed with the sale (used)listing
$16,000 new × 40% good · out of the price
- $9,400
Paving: driveway & walks (paved)default
$7,800 new × 50% good × 2.43 allocation
- $4,500
Landscaping (minimal)listing
$3,700 new × 50% good × 2.43 allocation
- $1,700
Patiosdefault
$1,400 new × 50% good × 2.43 allocation
- $19,100
Decks & porches (attached)listing
$15,800 new × 50% good × 2.43 allocation
- $202,500
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$151,800 new × 55% good × 2.43 allocation
- $17,500
Building plumbing & fixturesdefault
$15,700 new × 46% good × 2.43 allocation
- $16,800
Building electrical & lightingdefault
$15,000 new × 46% good × 2.43 allocation
- $15,300
HVACdefault
$15,800 new × 40% good × 2.43 allocation
- $5,800
Hardwood & tile floorsdefault
$6,000 new × 40% good × 2.43 allocation
- $5,100
Fireplaces (2)listing
$5,300 new × 40% good × 2.43 allocation
- $14,600
Septic systemlisting
$12,000 new × 50% good × 2.43 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $49,300 | $34,700 | $300 | $84,300 |
| 2 | $0 | $0 | $7,100 | $7,100 |
| 3 | $0 | $0 | $7,100 | $7,100 |
| 4 | $0 | $0 | $7,100 | $7,100 |
| 5 | $0 | $0 | $7,100 | $7,100 |
| 6+ | $0 | $0 | $248,800 | $248,800 |
| Total | $49,300 | $34,700 | $277,600 | $361,600 |
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.