1480 Hidden Lake Dr
Cherry Log, GA 30522
$419,000
3 bd · 2.5 ba · 1,865 sqft · Listed 1d ago
View on Realtor.com →Year built
2000
Sqft
1,865
Lot sqft
24,829
HOA / mo
None
Furnished
Yes
List date
2026-10-14T14:09:20.000000Z
Revenue
Annual revenue
$45,999
ADR
$263
Occupancy
48%
Cleaning fees (12 mo)
$9,423
Confidence
Low (45.04), 19 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $39,517
Spectacular Cabin with Incredible Living Areas Cherry Log, Georgia
Cabin · 3 bd · 3.5 ba · sleeps 8 · 495 ft
- A/C
- Wifi
- Kitchen
- Washer
- +2
Revenue $44,624ADR $712Occ ≈ 17%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Cozy Cherry Log Cabin ~ 10 Mi to Mercier Orchards Cabin
| 3 bd · 2 ba · sleeps 6 | $44,736 | $188 | 65% | 4.7★ (158) | 361 ft | AirbnbVrboBooking |
Spectacular Cabin with Incredible Living Areas Cherry Log, Georgia Cabin
| 3 bd · 3.5 ba · sleeps 8 | $44,624 | $712 | 17% | — | 495 ft | Vrbo |
Sunset View Cabin | Deck + Firepit | Blue Ridge Cabin
| 3 bd · 3 ba · sleeps 8 | $23,631 | $393 | 16% | 4.8★ (111) | 0.1 mi | AirbnbVrbo |
Cozy Blue Ridge Cabin-Firepit-Views-Private Escape Cabin
| 3 bd · 2 ba · sleeps 8 | $43,319 | $307 | 39% | 5★ (140) | 0.1 mi | AirbnbVrbo |
Mountain Bliss * Hot Tub Deck w/ TV, Great Wi-Fi! Cabin
| 3 bd · 2 ba · sleeps 8 | $47,200 | $230 | 56% | 4.8★ (98) | 0.2 mi | AirbnbVrbo |
Luxury Lodge | Views, Hot Tub & Game Room Cabin
| 3 bd · 3.5 ba · sleeps 6 | $35,148 | $522 | 18% | 5★ (91) | 0.2 mi | AirbnbVrbo |
Pet-Friendly-Lakefront Cabin w/Amazing Views-Hot T Cabin
| 3 bd · 2 ba · sleeps 8 | $75,588 | $303 | 68% | 5★ (285) | 0.2 mi | AirbnbVrbo |
Lake Hideaway - Glory Living Cabin
| 3 bd · 2 ba · sleeps 6 | $55,277 | $194 | 78% | 5★ (569) | 0.2 mi | AirbnbVrbo |
Lovely Log Cabin + Bunkhouse w/ Views & Yard! Cabin
| 3 bd · 2.5 ba · sleeps 8 | $39,067 | $267 | 40% | 5★ (29) | 0.2 mi | AirbnbVrboBooking |
Upscale 3BR | Fireplace | Balcony | Firepit Cabin | 3 bd · 3 ba · sleeps 8 | $24,928 | $268 | 25% | 4.9★ (26) | 0.2 mi | AirbnbBooking |
Show 9 more
New Listing! Panoramic Mountain Views, Hot tub, Firepit, King beds & EV Charger
House · 3 bd · 3 ba · sleeps 8 · 0.5 mi
Revenue $3,034ADR $337Occ ≈ 2%—
A Stepping Stone to Blue Ridge
Cabin · 3 bd · 2 ba · sleeps 6 · 0.8 mi
Revenue $15,386ADR $185Occ ≈ 23%4.9★ (142)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Mountain Views | Hot Tub | Pet Friendly Cabin | 3 bd · 2 ba · sleeps 6 | $55,039 | $283 | 53% | 4.4★ (22) | 0.2 mi | AirbnbVrboBooking |
Bear Claw Lodge- Dogs OK, Hottub, Firepit Cabin | 3 bd · 3 ba · sleeps 8 | $4,058 | $405 | 3% | — | 0.2 mi | AirbnbVrboBooking |
BlueRidge Everest Retreat : Spa|BBQ|FirePit|Games Cabin
| 3 bd · 3.5 ba · sleeps 10 | $51,652 | $306 | 46% | 5★ (60) | 0.3 mi | AirbnbVrbo |
Cozy Cherry Log Cabin w/ Hot Tub & Mountain Views! Cabin | 3 bd · 3 ba · sleeps 8 | $23,703 | $278 | 23% | 5★ (56) | 0.4 mi | AirbnbBooking |
Lakeside Escape w/Hot Tub & Firepit Cabin
| 3 bd · 3 ba · sleeps 6 | $84,160 | $316 | 73% | 5★ (147) | 0.4 mi | AirbnbVrbo |
New Listing! Panoramic Mountain Views, Hot tub, Firepit, King beds & EV Charger House | 3 bd · 3 ba · sleeps 8 | $3,034 | $337 | 2% | — | 0.5 mi | Vrbo |
Peaceful Seclusion - Minutes to Blue Ridge Cabin
| 3 bd · 2 ba · sleeps 7 | $39,517 | $168 | 64% | 5★ (280) | 0.7 mi | AirbnbVrbo |
Enjoy Mtn air in Cherry Log, GA! Summer dates open Cabin | 3 bd · 3 ba · sleeps 9 | $25,443 | $174 | 40% | 5★ (20) | 0.7 mi | AirbnbVrbo |
A Stepping Stone to Blue Ridge Cabin | 3 bd · 2 ba · sleeps 6 | $15,386 | $185 | 23% | 4.9★ (142) | 0.8 mi | Airbnb |
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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium
Est. revenue
$45,999
NOI
$21,334
Cash flow /mo
-$561
Cash needed
$121,510
Cash-on-cash
-5.5%
ROE (yr 1)
6.9%
Cap rate
5.1%
DSCR
0.76
Year-1 write-off
$74,108
Year-1 tax shield @ 32%
$23,715
Year-1 return on equity
- Cash flow (annual)-$6,732
- Principal paydown$2,548
- Appreciation at%$12,570
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)$9,200
- Platform fees (3% of revenue)$1,380
- Maintenance / capex (5% of revenue)$2,300
- Utilities & supplies$4,200
- HOA$0
- Property tax$3,060
- Insurance (STR-rated)$4,525
Cash needed to close
- Down payment (25%)$104,750
- Closing costs (4.0%)$16,760
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$23,715
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
$388,000
Short-life (5/15-yr)
$74,000 · 19%
Year-1 deduction
$74,000
Year-1 tax shield @ 32%
$24,000
Land 8% (county tax record, market value split) · building $314,000 over 39 years
Based on: 1,865 sq ft, built 2000, 3 bd / 2.5 ba, furnished, listing features (hot tub, game room, fireplace, flooring types, appliance list, septic, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $54,000 in year 1 (14% short-life, $17,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $8,000
Kitchen cabinetsdefault
$9,900 new × 40% good × 2.03 allocation
- $6,600
Kitchen countertopsdefault
$8,100 new × 40% good × 2.03 allocation
- $2,600
Decorative trimdefault
$3,300 new × 40% good × 2.03 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 2.03 allocation
- $1,000
Shelvingdefault
$1,200 new × 40% good × 2.03 allocation
- $3,800
Window coverings (19)default
$4,800 new × 40% good × 2.03 allocation
- $7,500
Kitchen & laundry equipment plumbingdefault
$7,700 new × 48% good × 2.03 allocation
- $4,500
Kitchen, laundry & data equipment electricaldefault
$4,700 new × 48% good × 2.03 allocation
- $4,900
Appliances (range, refrigerator, washer, dryer)listing
$6,000 new × 40% good × 2.03 allocation
- $7,300
Hot tub (freestanding)listing
$9,000 new × 40% good × 2.03 allocation
- $7,800
Furniture conveyed with the sale (used)listing
$19,500 new × 40% good · out of the price
- $2,400
Game-room equipment (used)listing
$6,000 new × 40% good · out of the price
- $9,100
Paving: driveway & walks (paved)default
$9,000 new × 50% good × 2.03 allocation
- $4,400
Landscaping (minimal)listing
$4,300 new × 50% good × 2.03 allocation
- $1,900
Patiosdefault
$1,800 new × 50% good × 2.03 allocation
- $1,900
Decks & porches (attached)default
$1,800 new × 50% good × 2.03 allocation
- $232,100
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$202,300 new × 57% good × 2.03 allocation
- $20,400
Building plumbing & fixturesdefault
$21,000 new × 48% good × 2.03 allocation
- $20,300
Building electrical & lightingdefault
$20,900 new × 48% good × 2.03 allocation
- $17,000
HVACdefault
$21,000 new × 40% good × 2.03 allocation
- $9,700
Hardwood & tile floorsdefault
$12,000 new × 40% good × 2.03 allocation
- $2,100
Fireplacelisting
$2,600 new × 40% good × 2.03 allocation
- $12,200
Septic systemlisting
$12,000 new × 50% good × 2.03 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $56,600 | $17,200 | $300 | $74,100 |
| 2 | $0 | $0 | $8,000 | $8,000 |
| 3 | $0 | $0 | $8,000 | $8,000 |
| 4 | $0 | $0 | $8,000 | $8,000 |
| 5 | $0 | $0 | $8,000 | $8,000 |
| 6+ | $0 | $0 | $281,300 | $281,300 |
| Total | $56,600 | $17,200 | $313,900 | $387,600 |
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.