Year built
1996
Sqft
—
Lot sqft
47,480
HOA / mo
None
Furnished
Yes
List date
2026-10-05T12:45:44.000000Z
Revenue
Annual revenue
$50,922
ADR
$214
Occupancy
65%
Cleaning fees (12 mo)
$9,837
Confidence
Med (53.2), 10 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $46,989
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
 Wolf's Den - Dogs OK Hot Tub Cabin
| 2 bd · 2 ba · sleeps 4 | $53,769 | $228 | 65% | 4.5★ (29) | 0.1 mi | AirbnbVrboBooking |
 Above The Nest - Gorgeous Blue Ridge Cabin Cabin | 2 bd · 2 ba · sleeps 4 | $89,302 | $325 | 75% | 5★ (127) | 0.3 mi | AirbnbVrbo |
 Sunset & Mountain Views | 2 King Suites | Hot Tub Cabin
| 2 bd · 2 ba · sleeps 6 | $57,623 | $336 | 47% | 5★ (43) | 0.3 mi | AirbnbVrbo |
 Cottage w/ Hot Tub: 3 Mi to Downtown Blue Ridge! Cottage
| 2 bd · 2 ba · sleeps 6 | $53,466 | $209 | 70% | 4.8★ (69) | 0.4 mi | AirbnbVrboBooking |
 Moonshine Run Cabin
| 2 bd · 1 ba · sleeps 4 | $40,511 | $173 | 64% | 4.8★ (88) | 0.4 mi | AirbnbVrboBooking |
 The Love Shack at Misty Mountain Cabin
| 2 bd · 1 ba · sleeps 4 | $16,556 | $158 | 29% | 5★ (35) | 0.6 mi | AirbnbVrboBooking |
 Starlit Hot Tub Nights on a Private Ridge House
| 2 bd · 2 ba · sleeps 4 | $66,413 | $224 | 81% | 5★ (207) | 0.6 mi | AirbnbVrboBooking |
 Timber Lodge Cabin
| 2 bd · 2 ba · sleeps 4 | $40,219 | $223 | 49% | 5★ (16) | 0.7 mi | AirbnbBooking |
 Blue Ridge Cabin, less than 5 mins to town pets ok Cabin
| 2 bd · 1 ba · sleeps 4 | $25,822 | $261 | 27% | 4.8★ (76) | 0.7 mi | AirbnbVrboBooking |
 Blue Ridge Barn Getaway w/ Hot Tub & Fire Pit Cabin
| 2 bd · 1 ba · sleeps 4 | $24,751 | $205 | 33% | 4.9★ (89) | 0.7 mi | 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
Est. revenue
$50,922
NOI
$27,691
Cash flow /mo
$2,308
Cash needed
$389,999
Cash-on-cash (all cash)
7.1%
ROE (yr 1)
10.0%
Cap rate
7.4%
DSCR
—
Year-1 write-off
$86,455
Year-1 tax shield @ 32%
$27,666
Year-1 return on equity
- Cash flow (annual)$27,691
- Principal paydown (n/a, cash)$0
- Appreciation at%$11,250
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)$10,184
- Platform fees (3% of revenue)$1,528
- Maintenance / capex (5% of revenue)$2,546
- Utilities & supplies$4,200
- HOA$0
- Property tax$779
- Insurance (STR-rated)$3,994
Cash needed to close
- Purchase price (all cash)$374,999
- Closing costs (4.0%)$15,000
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$27,666
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
$356,000
Short-life (5/15-yr)
$86,000 · 24%
Year-1 deduction
$86,000
Year-1 tax shield @ 32%
$28,000
Land 5% (county tax record, market value split) · building $270,000 over 39 years
Based on: ~1,400 sq ft (from beds), built 1996, 2 bd / 1 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.
- $9,100
Kitchen cabinetsdefault
$8,900 new × 40% good × 2.57 allocation
- $7,500
Kitchen countertopsdefault
$7,300 new × 40% good × 2.57 allocation
- $2,500
Decorative trimdefault
$2,500 new × 40% good × 2.57 allocation
- $200
Mirrorsdefault
$200 new × 40% good × 2.57 allocation
- $900
Shelvingdefault
$900 new × 40% good × 2.57 allocation
- $3,600
Window coverings (14)default
$3,500 new × 40% good × 2.57 allocation
- $7,100
Kitchen & laundry equipment plumbingdefault
$6,900 new × 40% good × 2.57 allocation
- $4,300
Kitchen, laundry & data equipment electricaldefault
$4,200 new × 40% good × 2.57 allocation
- $7,900
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 2.57 allocation
- $6,400
Furniture conveyed with the sale (used)listing
$16,000 new × 40% good · out of the price
- $10,000
Paving: driveway & walks (paved)default
$7,800 new × 50% good × 2.57 allocation
- $4,800
Landscaping (minimal)listing
$3,700 new × 50% good × 2.57 allocation
- $1,800
Patiosdefault
$1,400 new × 50% good × 2.57 allocation
- $20,200
Decks & porches (attached)listing
$15,800 new × 50% good × 2.57 allocation
- $195,000
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$151,900 new × 50% good × 2.57 allocation
- $16,100
Building plumbing & fixturesdefault
$15,700 new × 40% good × 2.57 allocation
- $15,400
Building electrical & lightingdefault
$15,000 new × 40% good × 2.57 allocation
- $16,200
HVACdefault
$15,800 new × 40% good × 2.57 allocation
- $9,300
Hardwood & tile floorsdefault
$9,000 new × 40% good × 2.57 allocation
- $2,700
Fireplacelisting
$2,600 new × 40% good × 2.57 allocation
- $15,400
Septic systemlisting
$12,000 new × 50% good × 2.57 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $49,400 | $36,700 | $300 | $86,500 |
| 2 | $0 | $0 | $6,900 | $6,900 |
| 3 | $0 | $0 | $6,900 | $6,900 |
| 4 | $0 | $0 | $6,900 | $6,900 |
| 5 | $0 | $0 | $6,900 | $6,900 |
| 6+ | $0 | $0 | $242,100 | $242,100 |
| Total | $49,400 | $36,700 | $270,100 | $356,300 |
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.