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Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium

305 Martin Xing

305 Martin Xing

Cherry Log, GA 30522

$475,000

3 bd · 3 ba · 2,080 sqft · Listed 1d ago

View on Realtor.com →
Negative cash flow

Year built

2002

Sqft

2,080

Lot sqft

45,302

HOA / mo

$42

Furnished

No

List date

2026-10-06T20:14:13.000000Z

Revenue

Annual revenue

$42,862

ADR

$243

Occupancy

48%

Cleaning fees (12 mo)

$8,907

Confidence

Med (58.64), 43 comps

Comp revenue range (p25 / median / p75)

$31,432$42,259$52,646

Median revenue of shown comps: $42,058

  • BLUE RIDGE SPLENDOR - 3 BR, 3 BA amazing cabin, with incredible mountain views!

    Cabin · 3 bd · 3 ba · sleeps 8 · 226 ft

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $16,056ADR $263Occ ≈ 17%5★ (8)

    Vrbo

  • Rustic Ridge -mountain view, hot tub, pool table

    Cabin · 3 bd · 3 ba · sleeps 6 · 381 ft

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

    Revenue $49,560ADR $274Occ ≈ 50%4.8★ (30)

    AirbnbVrboBooking

  • A Walk in the Clouds: Views & Hot Tub

    Cabin · 3 bd · 3 ba · sleeps 6 · 387 ft

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

    Revenue $47,706ADR $295Occ ≈ 44%4.2★ (4)

    AirbnbVrboBooking

  • Views, Hot Tub, Movie Theater, Pool Table, Arcade!

    Cabin · 3 bd · 3 ba · sleeps 6 · 417 ft

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

    Revenue $18,650ADR $292Occ ≈ 17%5★ (9)

    Airbnb

  • 🐦Perfect for Outdoor Enthusiasts!! 🌠 Hiking, Rafting 🚣, Ziplining & More!🚵

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

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

    Revenue $52,686ADR $295Occ ≈ 49%5★ (281)

    Vrbo

  • Hot Tub · Arcade Loft · Fire Pit · Wooded Cabin

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi

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

    Revenue $67,628ADR $266Occ ≈ 70%5★ (171)

    AirbnbVrbo

  • Bear Holler

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi

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

    Revenue $46,349ADR $182Occ ≈ 70%4.8★ (138)

    AirbnbVrbo

  • Sunset Vista-Hot Tub-Wood Burning Fireplace

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.2 mi

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

    Revenue $57,026ADR $204Occ ≈ 77%4.9★ (325)

    AirbnbVrbo

  • Whispering Creek & Hot Tub | Game Room

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.2 mi

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

    Revenue $53,589ADR $263Occ ≈ 56%5★ (242)

    AirbnbVrbo

  • Blue Fox Retreat, Pet friendly, Hot tub, MTN View

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.2 mi

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

    Revenue $44,929ADR $236Occ ≈ 52%4.9★ (29)

    AirbnbVrbo

Show 32 more
  • Great Oct/Nov Dates for Leaf Season•Hot Tub Cabin

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.2 mi

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

    Revenue $33,320ADR $229Occ ≈ 40%5★ (102)

    AirbnbVrbo

  • Cozy Family Fun-filled Authentic Mountain Cabin

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.2 mi

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

    Revenue $28,723ADR $218Occ ≈ 36%5★ (17)

    AirbnbVrbo

  • Summer escape! Creek View! Hot Tub! 4 Fireplaces

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.3 mi

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

    Revenue $39,115ADR $298Occ ≈ 36%5★ (86)

    AirbnbVrbo

  • Secluded Cabin, Epic Mountain Views, Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

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

    Revenue $40,035ADR $211Occ ≈ 52%4.9★ (198)

    AirbnbVrbo

  • Private Modern Lodge | Views, Hot Tub, Trails

    Cabin · 3 bd · 3.5 ba · sleeps 6 · 0.3 mi

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

    Revenue $49,631ADR $272Occ ≈ 50%5★ (37)

    AirbnbVrbo

  • A River Runs Through It-sits on the creek, hot tub

    Cabin · 3 bd · 2.5 ba · sleeps 7 · 0.3 mi

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

    Revenue $64,772ADR $299Occ ≈ 59%4.8★ (32)

    AirbnbVrboBooking

  • Laughing Waters-on Fighting Town Creek, hot tub

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.3 mi

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

    Revenue $45,982ADR $278Occ ≈ 45%4.8★ (45)

    AirbnbVrboBooking

  • Creekfront Retreat | Hot Tub, Game Barn & Fire Pit

    House · 3 bd · 2 ba · sleeps 6 · 0.4 mi

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

    Revenue $52,740ADR $298Occ ≈ 48%5★ (23)

    Airbnb

  • Laughing Water | 3BR Cabin in Cherry Log, GA

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $15,591ADR $255Occ ≈ 17%5★ (2)

    Delisted

  • Blue Ridge Cabin~Stunning Views!~Hot Tub~Game Room

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

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

    Revenue $37,110ADR $330Occ ≈ 31%4.7★ (27)

    AirbnbVrboBooking

  • Creek Access | Game Barn | Hot Tub | Fire Pit!

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi

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

    Revenue $52,605ADR $314Occ ≈ 46%5★ (21)

    AirbnbVrbo

  • Fish Camp Cabin! Outdoor Game Barn, Hot Tub, Firepit! on Fightingtown Creek!

    House · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $42,948ADR $562Occ ≈ 21%4.9★ (15)

    Delisted

  • Fightingtown Trout Haven Retreat @ *Cashes Valley*

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.5 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $64,521ADR $285Occ ≈ 62%5★ (20)

    Airbnb

  • Private Mountain Retreat w/ Views, Trails & EV

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

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

    Revenue $28,811ADR $318Occ ≈ 25%4.8★ (27)

    AirbnbVrbo

  • 🍎Red Apple Mountain top cabin💦 hot tub, 📶WiFi, 🐶 friendly, Fireplace, 🔥 pit

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

    Revenue $37,459ADR $278Occ ≈ 37%5★ (7)

    Booking

  • Red Apple Mountaintop cabin, hot tub, Wi Fi, Pet

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

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

    Revenue $34,755ADR $214Occ ≈ 44%4.8★ (188)

    AirbnbVrbo

  • Game Room & Hot Tub: Cabin 9 Mi to Blue Ridge!

    Cabin · 3 bd · 3 ba · sleeps 7 · 0.5 mi

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

    Revenue $28,292ADR $243Occ ≈ 32%4.8★ (18)

    AirbnbVrboBooking

  • Private, Peaceful Getaway!

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $50,788ADR $2,492Occ ≈ 6%4.9★ (78)

    Delisted

  • Black Bear Lodge | Cherry Log, Ga

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

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

    Revenue $40,189ADR $302Occ ≈ 36%5★ (2)

    AirbnbVrbo

  • Mountain views await you at Shady Grove North

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.5 mi

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

    Revenue $41,856ADR $201Occ ≈ 57%5★ (404)

    Airbnb

  • Serenity Summit:Hot tub | Fire pit | Amazing Views

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.5 mi

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

    Revenue $37,371ADR $206Occ ≈ 50%5★ (184)

    AirbnbVrbo

  • MTN Views! Private Cabin | Hot Tub, Fireplace

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi

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

    Revenue $56,440ADR $249Occ ≈ 62%5★ (59)

    AirbnbVrbo

  • Majestic Peace Mountainside

    Cabin · 3 bd · 4 ba · sleeps 8 · 0.5 mi

    Revenue $29,543ADR $312Occ ≈ 26%5★ (51)

    AirbnbBooking

  • Painted Skies Mtn View Hot Tub Fire Pit

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.5 mi

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

    Revenue $36,337ADR $232Occ ≈ 43%4.5★ (18)

    AirbnbVrboBooking

  • Painted Skies | Mtn View | Hot Tub | Fire Pit

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

    Revenue $10,388ADR $371Occ ≈ 8%—

    Delisted

  • Moose Tracks ~ Views ~ Spa ~ Discounted Rates

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

    Revenue $0ADR $0Occ ≈ —4.8★ (223)

    Airbnb

  • Best views in Cherry Log | Putting Green, Hot Tub

    Cabin · 3 bd · 3 ba · sleeps 7 · 0.6 mi

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

    Revenue $58,486ADR $236Occ ≈ 68%4.9★ (55)

    AirbnbVrbo

  • Waterfront Cabin: Trout Run Cabin

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.6 mi

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

    Revenue $47,320ADR $275Occ ≈ 47%4.9★ (197)

    AirbnbVrboBooking

  • New! Mtn Views, Hot tub, Firepit, EV Charger

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

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

    Revenue $1,740ADR $290Occ ≈ 2%—

    Airbnb

  • Mountain Gem! Big view + Fenced Yard

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

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +5

    Revenue $24,673ADR $242Occ ≈ 28%5★ (164)

    AirbnbVrbo

  • Almost Heaven- Game Room, HotTub,Outdoor Fireplace

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

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

    Revenue $72,909ADR $381Occ ≈ 52%4.8★ (47)

    AirbnbVrboBooking

  • Blue Ridge Cabin w/ Hot Tub, Firepit + Game Room

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

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

    Revenue $42,259ADR $255Occ ≈ 45%5★ (107)

    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 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium

Est. revenue

$42,862

NOI

$19,423

Cash flow /mo

-$1,003

Cash needed

$163,250

Cash-on-cash

-7.4%

ROE (yr 1)

3.2%

Cap rate

4.1%

DSCR

0.62

Year-1 write-off

$137,947

Year-1 tax shield @ 32%

$44,143

Year-1 return on equity

  • Cash flow (annual)-$12,035
  • Principal paydown$2,958
  • Appreciation at%$14,250
ROE3.2%

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)$8,572
  • Platform fees (3% of revenue)$1,286
  • Maintenance / capex (5% of revenue)$2,143
  • Utilities & supplies$4,200
  • HOA$504
  • Property tax$1,675
  • Insurance (STR-rated)$5,059

Cash needed to close

  • Down payment (25%)$118,750
  • Closing costs (4.0%)$19,000
  • Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$44,143

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

$466,000

Short-life (5/15-yr)

$112,000 · 24%

Year-1 deduction

$138,000

Year-1 tax shield @ 32%

$44,000

Land 2% (county tax record, market value split) · building $354,000 over 39 years · new furniture $26,000

Based on: 2,080 sq ft, built 2002, 3 bd / 3 ba, unfurnished, listing features (hot tub, deck, covered patio, game room, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $96,000 in year 1 (15% short-life, $31,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$79,100
  • Kitchen cabinetsdefault

    $10,400 new × 40% good × 1.98 allocation

    $8,200
  • Kitchen countertopsdefault

    $8,500 new × 40% good × 1.98 allocation

    $6,700
  • Decorative trimdefault

    $3,600 new × 40% good × 1.98 allocation

    $2,900
  • Mirrorsdefault

    $500 new × 40% good × 1.98 allocation

    $400
  • Shelvingdefault

    $1,200 new × 40% good × 1.98 allocation

    $900
  • Window coverings (21)default

    $5,300 new × 40% good × 1.98 allocation

    $4,200
  • Carpet, vinyl & laminate (50% of floors)listing

    $6,700 new × 40% good × 1.98 allocation

    $5,300
  • Kitchen & laundry equipment plumbingdefault

    $8,100 new × 52% good × 1.98 allocation

    $8,300
  • Kitchen, laundry & data equipment electricaldefault

    $4,900 new × 52% good × 1.98 allocation

    $5,000
  • Appliances (microwave, dishwasher, refrigerator, washer, dryer)listing

    $5,900 new × 40% good × 1.98 allocation

    $4,700
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 1.98 allocation

    $7,100
  • Furniture bought newlisting

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

    $19,500
  • Game-room equipment bought newlisting

    $6,000 new × 100% good · bought separately

    $6,000
15-year land improvements$58,500
  • Paving: driveway & walks (paved)default

    $9,500 new × 50% good × 1.98 allocation

    $9,300
  • Landscaping (typical)default

    $9,100 new × 50% good × 1.98 allocation

    $9,000
  • Covered patiolisting

    $17,200 new × 50% good × 1.98 allocation

    $17,000
  • Decks & porches (attached)listing

    $23,400 new × 50% good × 1.98 allocation

    $23,100
Building, 39-year$353,900
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $225,600 new × 60% good × 1.98 allocation

    $267,700
  • Building plumbing & fixturesdefault

    $23,400 new × 52% good × 1.98 allocation

    $24,100
  • Building electrical & lightingdefault

    $23,600 new × 52% good × 1.98 allocation

    $24,300
  • HVACdefault

    $23,400 new × 40% good × 1.98 allocation

    $18,500
  • Hardwood & tile floorsdefault

    $6,700 new × 40% good × 1.98 allocation

    $5,300
  • Fireplacelisting

    $2,600 new × 40% good × 1.98 allocation

    $2,100
  • Septic systemlisting

    $12,000 new × 50% good × 1.98 allocation

    $11,900

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$79,100$58,500$400$137,900
2$0$0$9,100$9,100
3$0$0$9,100$9,100
4$0$0$9,100$9,100
5$0$0$9,100$9,100
6+$0$0$317,200$317,200
Total$79,100$58,500$353,900$491,500

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.