179 Cessna Loop
Blue Ridge, GA 30513
$874,900
4 bd · 3.5 ba · 3,500 sqft · Listed 1d ago
View on Realtor.com →Year built
2007
Sqft
3,500
Lot sqft
87,076
HOA / mo
None
Furnished
No
List date
2026-10-05T15:21:30.000000Z
Revenue
Annual revenue
$52,869
ADR
$299
Occupancy
48%
Cleaning fees (12 mo)
$10,886
Confidence
Low (51.59), 5 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $44,085Checking amenities for 5 listings…
Blue Ridge Escape-Pool-PingPong-Hot Tub-Wineries!
Cabin · 4 bd · 3.5 ba · sleeps 12 · 0.5 mi
Revenue $18,112ADR $320Occ ≈ 16%4.6★ (12)
Rooster Ridge | hot tub~king beds~bunks~pool table
Cabin · 4 bd · 3.5 ba · sleeps 10 · 0.6 mi
Revenue $44,085ADR $383Occ ≈ 32%4.9★ (167)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Blue Ridge Escape-Pool-PingPong-Hot Tub-Wineries! Cabin | 4 bd · 3.5 ba · sleeps 12 | $18,112 | $320 | 16% | 4.6★ (12) | 0.5 mi | Airbnb |
Blue Ridge Cabin w/ Hot Tub, 5 Mi to Downtown! Cabin | 4 bd · 3.5 ba · sleeps 12 | $65,703 | $388 | 46% | 5★ (25) | 0.5 mi | AirbnbVrboBooking |
7 Min to Blue Ridge | Hot Tub, Sauna & Theater Cabin | 4 bd · 3.5 ba · sleeps 12 | $40,580 | $322 | 35% | 5★ (26) | 0.5 mi | AirbnbVrbo |
Rooster Ridge | hot tub~king beds~bunks~pool table Cabin | 4 bd · 3.5 ba · sleeps 10 | $44,085 | $383 | 32% | 4.9★ (167) | 0.6 mi | Airbnb |
4BR Luxe Woodland Retreat w/ Hot Tub & Fire Pit Cabin | 4 bd · 4 ba · sleeps 12 | $80,663 | $420 | 53% | 5★ (105) | 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 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium
Est. revenue
$52,869
NOI
$21,776
Cash flow /mo
-$3,014
Cash needed
$276,721
Cash-on-cash
-13.1%
ROE (yr 1)
-1.6%
Cap rate
2.5%
DSCR
0.38
Year-1 write-off
$160,160
Year-1 tax shield @ 32%
$51,251
Year-1 return on equity
- Cash flow (annual)-$36,166
- Principal paydown$5,449
- Appreciation at%$26,247
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)$10,574
- Platform fees (3% of revenue)$1,586
- Maintenance / capex (5% of revenue)$2,643
- Utilities & supplies$4,200
- HOA$0
- Property tax$2,772
- Insurance (STR-rated)$9,318
Cash needed to close
- Down payment (25%)$218,725
- Closing costs (4.0%)$34,996
- Furnishing (bought new)$23,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$51,251
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
$819,000
Short-life (5/15-yr)
$136,000 · 17%
Year-1 deduction
$160,000
Year-1 tax shield @ 32%
$51,000
Land 6% (county tax record, market value split) · building $682,000 over 39 years · new furniture $23,000
Based on: 3,500 sq ft, built 2007, 4 bd / 3.5 ba, unfurnished, listing features (deck, fireplace, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $95,000 in year 1 (9% short-life, $30,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $10,800
Kitchen cabinetsdefault
$13,500 new × 40% good × 2.01 allocation
- $8,900
Kitchen countertopsdefault
$11,000 new × 40% good × 2.01 allocation
- $4,900
Decorative trimdefault
$6,100 new × 40% good × 2.01 allocation
- $400
Mirrorsdefault
$500 new × 40% good × 2.01 allocation
- $1,200
Shelvingdefault
$1,500 new × 40% good × 2.01 allocation
- $7,000
Window coverings (35)default
$8,800 new × 40% good × 2.01 allocation
- $4,500
Carpet, vinyl & laminate (25% of floors)listing
$5,600 new × 40% good × 2.01 allocation
- $13,000
Kitchen & laundry equipment plumbingdefault
$10,500 new × 62% good × 2.01 allocation
- $7,900
Kitchen, laundry & data equipment electricaldefault
$6,300 new × 62% good × 2.01 allocation
- $5,600
Appliances (range, dishwasher, refrigerator, washer, dryer)listing
$7,000 new × 40% good × 2.01 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $12,300
Paving: driveway & walks (paved)default
$12,300 new × 50% good × 2.01 allocation
- $11,800
Landscaping (typical)default
$11,800 new × 50% good × 2.01 allocation
- $3,500
Patiosdefault
$3,500 new × 50% good × 2.01 allocation
- $39,500
Decks & porches (attached)listing
$39,400 new × 50% good × 2.01 allocation
- $5,000
Gazebo / pergolalisting
$5,000 new × 50% good × 2.01 allocation
- $522,000
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$380,500 new × 68% good × 2.01 allocation
- $49,200
Building plumbing & fixturesdefault
$39,500 new × 62% good × 2.01 allocation
- $51,800
Building electrical & lightingdefault
$41,600 new × 62% good × 2.01 allocation
- $31,700
HVACdefault
$39,400 new × 40% good × 2.01 allocation
- $13,600
Hardwood & tile floorsdefault
$16,900 new × 40% good × 2.01 allocation
- $2,100
Fireplacelisting
$2,600 new × 40% good × 2.01 allocation
- $12,000
Septic systemlisting
$12,000 new × 50% good × 2.01 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $87,300 | $72,200 | $700 | $160,200 |
| 2 | $0 | $0 | $17,500 | $17,500 |
| 3 | $0 | $0 | $17,500 | $17,500 |
| 4 | $0 | $0 | $17,500 | $17,500 |
| 5 | $0 | $0 | $17,500 | $17,500 |
| 6+ | $0 | $0 | $611,600 | $611,600 |
| Total | $87,300 | $72,200 | $682,400 | $841,800 |
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.