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Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium

208 Cohutta Overlook Dr

208 Cohutta Overlook Dr

Blue Ridge, GA 30513

$889,000

3 bd · 3 ba · 2,640 sqft · Listed 3d ago

View on Realtor.com →
Negative cash flow

Year built

2005

Sqft

2,640

Lot sqft

137,214

HOA / mo

$0

Furnished

No

List date

2026-10-08T22:20:49.000000Z

Revenue

Annual revenue

$55,776

ADR

$326

Occupancy

47%

Cleaning fees (12 mo)

$10,959

Confidence

Med (53.13), 45 comps

Comp revenue range (p25 / median / p75)

$30,677$47,090$65,269

Median revenue of shown comps: $48,851

  • ⁕New⁕ Serene Forest Views/Hot Tub/Spacious Decks

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 486 ft

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

    Revenue $79,364ADR $288Occ ≈ 75%5★ (220)

    AirbnbVrboBooking

  • Sunrise Peak- Mtn View, Pet Friendly, Hot Tub

    House · 3 bd · 3 ba · sleeps 8 · 0.1 mi

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

    Revenue $88,549ADR $365Occ ≈ 66%4.7★ (6)

    AirbnbVrbo

  • Fall & Christmas Getaways! Top Rated Family Cabin

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +6

    Revenue $81,583ADR $312Occ ≈ 72%5★ (147)

    AirbnbVrboBooking

  • Big Sky Retreat- Pet Friendly, Game Room, Hot Tub

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.2 mi

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

    Revenue $43,558ADR $391Occ ≈ 31%4.5★ (21)

    AirbnbVrboBooking

  • Newer house-Fenced yard-12 min to downtown BR

    House · 3 bd · 3.5 ba · sleeps 8 · 0.2 mi

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

    Revenue $11,936ADR $444Occ ≈ 7%5★ (3)

    AirbnbVrbo

  • Stunning Mountain Views! Fireplace &Hot tub, Games

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi

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

    Revenue $61,339ADR $331Occ ≈ 51%5★ (56)

    AirbnbVrbo

  • Oak & Ember

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $23,973ADR $328Occ ≈ 20%5★ (1)

    Airbnb

  • Rustic Mountain Cabin w/ Grand Views, Pet Friendly

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi

    Revenue $39,210ADR $211Occ ≈ 51%5★ (86)

    Airbnb

  • Sweet Dreams: Cozy Elegance • HotTub• MtnView • EV

    Cabin · 3 bd · 3.5 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +6

    Revenue $74,737ADR $357Occ ≈ 57%5★ (30)

    AirbnbVrbo

  • Sweet Bear Cabin - Hot Tub Game Room Mountain View

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

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

    Revenue $46,143ADR $245Occ ≈ 52%4.8★ (80)

    AirbnbVrboBooking

Show 32 more
  • Western Sky - Lovely view, hot tub, fire pit, pets

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi

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

    Revenue $53,512ADR $294Occ ≈ 50%4.9★ (50)

    AirbnbVrbo

  • Wonderful Life

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.2 mi

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

    Revenue $59,246ADR $437Occ ≈ 37%5★ (4)

    Airbnb

  • Amazing Grace- Panoramic Views, HotTub, Fireplace

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.2 mi

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

    Revenue $57,053ADR $395Occ ≈ 40%4.8★ (25)

    AirbnbVrboBooking

  • Blue Ridge Mountain Majesty

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi

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

    Revenue $18,735ADR $360Occ ≈ 14%4.5★ (8)

    AirbnbVrboBooking

  • Amazing Hot Tub, Game Room, Kid & Pet Friendly

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi

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

    Revenue $69,950ADR $304Occ ≈ 63%5★ (231)

    AirbnbVrbo

  • Modern Cabin w/Outdoor Living - Prime Location

    Cabin · 3 bd · 3.5 ba · sleeps 7 · 0.3 mi

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

    Revenue $42,512ADR $236Occ ≈ 49%4.9★ (63)

    AirbnbVrbo

  • Fall Foliage~Mt Views~Hot tub~game rm~fire pit

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.3 mi

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

    Revenue $37,837ADR $363Occ ≈ 29%5★ (16)

    AirbnbVrboBooking

  • Long range VIEWS! Hot Tub/dog friendly/pool table

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi

    Revenue $43,128ADR $401Occ ≈ 29%4.9★ (189)

    Airbnb

  • Simply Blessed Cabin

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

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

    Revenue $8,546ADR $255Occ ≈ 9%4.5★ (2)

    Airbnb

  • Cavalier Cabin -Pet Friendly, Hot Tub, Mtn View

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

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

    Revenue $41,209ADR $357Occ ≈ 32%5★ (6)

    AirbnbVrbo

  • Black Dog of Blue Ridge- Pet Friendly, Fenced Yard

    Cabin · 3 bd · 3.5 ba · sleeps 6 · 0.4 mi

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

    Revenue $87,475ADR $385Occ ≈ 62%4.7★ (73)

    AirbnbVrboBooking

  • Evergreen Bear - Mountain views & hot tub

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.4 mi

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

    Revenue $58,328ADR $386Occ ≈ 41%5★ (25)

    AirbnbVrboBooking

  • Sky Ridge - Blue Ridge GA

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

    • Hot tub
    • A/C
    • Wifi
    • Kitchen
    • +4

    Revenue $25,511ADR $452Occ ≈ 15%4.5★ (2)

    AirbnbVrbo

  • Sky Ridge - Blue Ridge GA

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

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

    Revenue $33,802ADR $436Occ ≈ 21%4.2★ (5)

    AirbnbVrboBooking

  • Cavalier Cabin

    Vacation home · 3 bd · 3 ba · sleeps 8 · 0.4 mi

    Revenue $30,677ADR $320Occ ≈ 26%—

    Booking

  • Ain't Life Grand -Hot tub, Pool table, Fire pit

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.4 mi

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

    Revenue $44,930ADR $359Occ ≈ 34%4.8★ (21)

    AirbnbVrboBooking

  • Fall Discount! Hot Tub/Game Room/Pool

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

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

    Revenue $66,564ADR $298Occ ≈ 61%5★ (117)

    AirbnbVrboBooking

  • LUXE Chalet Hot tub, Amazing view, 10 min downtown

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.5 mi

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

    Revenue $65,269ADR $326Occ ≈ 55%5★ (40)

    Airbnb

  • Blue Ridge Retreat: Relax, Rejuvenate, Explore.

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.5 mi

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

    Revenue $47,090ADR $475Occ ≈ 27%5★ (28)

    AirbnbBooking

  • Sunset Pointe - Hot tub, games, fire pit, & more!

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

    Revenue $51,747ADR $313Occ ≈ 45%4.5★ (22)

    AirbnbBooking

  • Fenced Yard, Hot tub, Firepit, View, Close to town

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

    Revenue $67,767ADR $466Occ ≈ 40%5★ (76)

    Airbnb

  • Luxurious, Secluded Cabin, with Gazebo Covered Hot-tub + Amazing View

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.5 mi

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

    Revenue $94,247ADR $403Occ ≈ 64%5★ (334)

    Vrbo

  • The View - Mountain views, fireplace & hot tub!

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.6 mi

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

    Revenue $57,206ADR $283Occ ≈ 55%4.5★ (150)

    AirbnbVrboBooking

  • Black Antler | Mt Views, Fire Pit, Hot Tub

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.6 mi

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

    Revenue $24,995ADR $312Occ ≈ 22%5★ (17)

    Airbnb

  • Luxury Blue Ridge cabin with long range views!

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

    Revenue $63,710ADR $502Occ ≈ 35%5★ (24)

    Delisted

  • Brand-New Upscale Cabin • Near Downtown + Winery

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.6 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $5,720ADR $307Occ ≈ 5%5★ (2)

    AirbnbVrboBooking

  • Blue Ridge Retreat. Your home away from home. Relax and Explore in nature.

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.6 mi

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

    Revenue $12,956ADR $439Occ ≈ 8%5★ (4)

    Vrbo

  • Mountain views and close to Downtown Blue Ridge!

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

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

    Revenue $25,243ADR $308Occ ≈ 22%5★ (13)

    Vrbo

  • Sunrise Overlook | Blue Ridge, GA

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

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $61,070ADR $338Occ ≈ 50%4.9★ (9)

    AirbnbVrbo

  • Summit Escape

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.7 mi

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

    Revenue $67,041ADR $322Occ ≈ 57%5★ (18)

    AirbnbVrbo

  • Summit Escape - Miles of mountain views!

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.7 mi

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

    Revenue $50,612ADR $277Occ ≈ 50%4.2★ (8)

    VrboBooking

  • Blue Deer Mountain

    House · 3 bd · 2.5 ba · sleeps 8 · 0.8 mi

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

    Revenue $45,539ADR $220Occ ≈ 57%5★ (45)

    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
Term

Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium

Est. revenue

$55,776

NOI

$23,950

Cash flow /mo

-$2,966

Cash needed

$277,310

Cash-on-cash

-12.8%

ROE (yr 1)

-1.3%

Cap rate

2.7%

DSCR

0.40

Year-1 write-off

$169,850

Year-1 tax shield @ 32%

$54,352

Year-1 return on equity

  • Cash flow (annual)-$35,597
  • Principal paydown$5,406
  • Appreciation at%$26,670
ROE-1.3%

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)$11,155
  • Platform fees (3% of revenue)$1,673
  • Maintenance / capex (5% of revenue)$2,789
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$2,541
  • Insurance (STR-rated)$9,468

Cash needed to close

  • Down payment (25%)$222,250
  • Closing costs (4.0%)$35,560
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$54,352

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

$781,000

Short-life (5/15-yr)

$150,000 · 19%

Year-1 deduction

$170,000

Year-1 tax shield @ 32%

$54,000

Land 12% (county tax record, market value split) · building $631,000 over 39 years · new furniture $20,000

Based on: 2,640 sq ft, built 2005, 3 bd / 3 ba, unfurnished, listing features (hot tub, deck, patio, fireplace, stone counters, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $102,000 in year 1 (10% short-life, $33,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$90,100
  • Kitchen cabinetsdefault

    $11,600 new × 40% good × 2.53 allocation

    $11,700
  • Kitchen countertops (stone)listing

    $11,900 new × 40% good × 2.53 allocation

    $12,000
  • Decorative trimdefault

    $4,600 new × 40% good × 2.53 allocation

    $4,700
  • Mirrorsdefault

    $500 new × 40% good × 2.53 allocation

    $500
  • Shelvingdefault

    $1,200 new × 40% good × 2.53 allocation

    $1,200
  • Window coverings (26)default

    $6,500 new × 40% good × 2.53 allocation

    $6,600
  • Kitchen & laundry equipment plumbingdefault

    $9,000 new × 58% good × 2.53 allocation

    $13,200
  • Kitchen, laundry & data equipment electricaldefault

    $5,400 new × 58% good × 2.53 allocation

    $8,000
  • Appliances (range, microwave, dishwasher)listing

    $3,500 new × 40% good × 2.53 allocation

    $3,500
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.53 allocation

    $9,100
  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
15-year land improvements$79,100
  • Paving: driveway & walks (paved)default

    $10,700 new × 50% good × 2.53 allocation

    $13,500
  • Landscaping (typical)default

    $10,200 new × 50% good × 2.53 allocation

    $13,000
  • Patioslisting

    $11,900 new × 50% good × 2.53 allocation

    $15,000
  • Decks & porches (attached)listing

    $29,700 new × 50% good × 2.53 allocation

    $37,600
Building, 39-year$631,400
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $286,800 new × 65% good × 2.53 allocation

    $472,000
  • Building plumbing & fixturesdefault

    $29,800 new × 58% good × 2.53 allocation

    $43,700
  • Building electrical & lightingdefault

    $30,700 new × 58% good × 2.53 allocation

    $45,100
  • HVACdefault

    $29,700 new × 40% good × 2.53 allocation

    $30,100
  • Hardwood & tile floorsdefault

    $17,000 new × 40% good × 2.53 allocation

    $17,200
  • Fireplaces (3)listing

    $7,900 new × 40% good × 2.53 allocation

    $8,000
  • Septic systemlisting

    $12,000 new × 50% good × 2.53 allocation

    $15,200

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$90,100$79,100$700$169,900
2$0$0$16,200$16,200
3$0$0$16,200$16,200
4$0$0$16,200$16,200
5$0$0$16,200$16,200
6+$0$0$566,000$566,000
Total$90,100$79,100$631,400$800,600

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.