201 Minnehaha Trl
Blue Ridge, GA 30513
$419,999
3 bd · 2.5 ba · 1,596 sqft · Listed 24d ago
View on Realtor.com →Year built
2010
Sqft
1,596
Lot sqft
53,143
HOA / mo
None
Furnished
No
List date
2026-09-03T12:46:18.000000Z
Revenue
Annual revenue
$45,002
ADR
$295
Occupancy
42%
Cleaning fees (12 mo)
$9,667
Confidence
Med (56.36), 14 comps
Comp revenue range (p25 / median / p75)
NEW Sauna +Hot Tub + Pizza Oven + Fire Pit + Views
Cabin · 3 bd · 2 ba · sleeps 7 · 0.5 mi
Revenue $51,228ADR $279Occ ≈ 50%5★ (36)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Game Room + Hot Tub | Blue Ridge Cabin Cabin | 3 bd · 3 ba · sleeps 10 | $51,190 | $368 | 38% | 5★ (61) | 0.3 mi | AirbnbVrbo |
The Sanctuary in Blue, Long Range Mountain Views Cabin | 3 bd · 3 ba · sleeps 8 | $38,149 | $329 | 32% | 5★ (62) | 0.3 mi | AirbnbVrboBooking |
Rusty Rooster- Pets OK, Hot Tub, Firepit, Gameroom Cabin | 3 bd · 3 ba · sleeps 8 | $41,295 | $338 | 33% | 4.7★ (28) | 0.4 mi | AirbnbVrboBooking |
Born In The Rockies|MTN Views|Hot Tub|Fire Pit Cabin | 3 bd · 3 ba · sleeps 12 | $36,545 | $351 | 29% | 4.7★ (6) | 0.4 mi | AirbnbBooking |
Mountain cabin ~ Hot Tub, Game room & Waterfall! Cabin | 3 bd · 3 ba · sleeps 11 | $82,136 | $302 | 75% | 4.9★ (38) | 0.4 mi | AirbnbVrboBooking |
Mountain Views | Fireplace Deck | Game Room Cabin | 3 bd · 3 ba · sleeps 7 | $51,727 | $340 | 42% | 5★ (31) | 0.4 mi | AirbnbVrboBooking |
NEW Sauna +Hot Tub + Pizza Oven + Fire Pit + Views Cabin | 3 bd · 2 ba · sleeps 7 | $51,228 | $279 | 50% | 5★ (36) | 0.5 mi | Airbnb |
Luxury Mountain View Cabin with Jacuzzi Cabin | 3 bd · 3 ba · sleeps 6 | $59,103 | $324 | 50% | 5★ (139) | 0.5 mi | AirbnbVrbo |
Luxury Cabin Minutes to DWTN Blue Ridge All Paved Cabin | 3 bd · 3 ba · sleeps 10 | $21,428 | $329 | 18% | 4.8★ (157) | 0.5 mi | AirbnbVrbo |
Luxury cabin mins to downtown; sleeps 10 Cabin | 3 bd · 3 ba · sleeps 10 | $23,067 | $273 | 23% | 4.8★ (243) | 0.6 mi | AirbnbVrboBooking |
Show all 14 comps
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
 Buckberry Lodge House | 3 bd · 3 ba · sleeps 8 | $63,485 | $359 | 48% | 5★ (20) | 0.6 mi | AirbnbVrbo |
 Hillside Escape - Very peaceful yet close to town! Cabin | 3 bd · 3 ba · sleeps 8 | $25,477 | $201 | 35% | 4.8★ (66) | 0.6 mi | AirbnbVrbo |
 Mountain Views Private Deck |5 min to Town|Games! Cabin | 3 bd · 3 ba · sleeps 8 | $52,026 | $269 | 53% | 5★ (120) | 0.7 mi | AirbnbVrbo |
 The Brantley Tranquil Escape Cabin | 3 bd · 2 ba · sleeps 8 | $12,214 | $278 | 12% | 3.4★ (5) | 0.7 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 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$45,002
NOI
$22,292
Cash flow /mo
-$406
Cash needed
$141,300
Cash-on-cash
-3.4%
ROE (yr 1)
7.4%
Cap rate
5.3%
DSCR
0.82
Year-1 write-off
$102,416
Year-1 tax shield @ 32%
$32,773
Year-1 return on equity
- Cash flow (annual)-$4,866
- Principal paydown$2,748
- Appreciation at%$12,600
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$9,000
- Platform fees (3% of revenue)$1,350
- Maintenance / capex (5% of revenue)$2,250
- Utilities & supplies$4,200
- HOA$0
- Property tax$1,436
- Insurance (STR-rated)$4,473
Cash needed to close
- Down payment (25%)$105,000
- Closing costs (4.0%)$16,800
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$32,773
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
$410,000
Short-life (5/15-yr)
$82,000 · 20%
Year-1 deduction
$102,000
Year-1 tax shield @ 32%
$33,000
Land 2% (county tax record, market value split) · building $328,000 over 39 years · new furniture $20,000
Based on: 1,596 sq ft, built 2010, 3 bd / 2.5 ba, unfurnished, listing features (deck, fireplace, stone counters, flooring types, appliance list, septic).
IRS-guide safe-harbor floor: $67,000 in year 1 (11% short-life, $21,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $7,300
Kitchen cabinetsdefault
$9,300 new × 40% good × 1.96 allocation
- $7,500
Kitchen countertops (stone)listing
$9,500 new × 40% good × 1.96 allocation
- $2,200
Decorative trimdefault
$2,800 new × 40% good × 1.96 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.96 allocation
- $900
Shelvingdefault
$1,200 new × 40% good × 1.96 allocation
- $3,100
Window coverings (16)default
$4,000 new × 40% good × 1.96 allocation
- $4,000
Carpet, vinyl & laminate (50% of floors)listing
$5,100 new × 40% good × 1.96 allocation
- $9,600
Kitchen & laundry equipment plumbingdefault
$7,200 new × 68% good × 1.96 allocation
- $5,800
Kitchen, laundry & data equipment electricaldefault
$4,400 new × 68% good × 1.96 allocation
- $6,000
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 1.96 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $8,100
Paving: driveway & walks (paved)default
$8,300 new × 50% good × 1.96 allocation
- $7,800
Landscaping (typical)default
$8,000 new × 50% good × 1.96 allocation
- $1,500
Patiosdefault
$1,600 new × 50% good × 1.96 allocation
- $17,600
Decks & porches (attached)listing
$18,000 new × 50% good × 1.96 allocation
- $248,500
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$172,900 new × 73% good × 1.96 allocation
- $23,900
Building plumbing & fixturesdefault
$17,900 new × 68% good × 1.96 allocation
- $23,300
Building electrical & lightingdefault
$17,500 new × 68% good × 1.96 allocation
- $14,100
HVACdefault
$18,000 new × 40% good × 1.96 allocation
- $4,000
Hardwood & tile floorsdefault
$5,100 new × 40% good × 1.96 allocation
- $2,100
Fireplacelisting
$2,600 new × 40% good × 1.96 allocation
- $11,800
Septic systemlisting
$12,000 new × 50% good × 1.96 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $66,300 | $35,100 | $1,100 | $102,400 |
| 2 | $0 | $0 | $8,400 | $8,400 |
| 3 | $0 | $0 | $8,400 | $8,400 |
| 4 | $0 | $0 | $8,400 | $8,400 |
| 5 | $0 | $0 | $8,400 | $8,400 |
| 6+ | $0 | $0 | $293,100 | $293,100 |
| Total | $66,300 | $35,100 | $327,700 | $429,100 |
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: Georgia disallows 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.