STR Yield
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Rate 7.86% = 7.11% Freddie Mac 30-yr avg (Nov 12) + 0.75% investor premium

133 Muller Ln

133 Muller Ln

Ellijay, GA 30540

$589,900

2 bd · 2 ba · 1,578 sqft · Listed 1d ago

View on Realtor.com →
Low confidenceNegative cash flow

Year built

2000

Sqft

1,578

Lot sqft

32,670

HOA / mo

$90

Furnished

No

List date

2026-11-12T20:51:17.000000Z

Revenue

Annual revenue

$32,588

ADR

$188

Occupancy

47%

Cleaning fees (12 mo)

$7,646

Confidence

Low (16.55), 26 comps

Comp revenue range (p25 / median / p75)

$7,988$16,594$42,900

Median revenue of shown comps: $16,594

  • Drumm End, The Modern Shire

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.2 mi

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

    Revenue $16,992ADR $218Occ ≈ 21%5★ (20)

    AirbnbVrbo

  • Summer's Ridge| Dog-Friendly Coosawattee Cabin

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • Pool
    • A/C
    • Pets OK
    • +5

    Revenue $28,068ADR $252Occ ≈ 31%4.8★ (82)

    AirbnbVrbo

  • Riverfront A-Frame | Hot Tub + Fireplace | Pets

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

    Revenue $7,792ADR $382Occ ≈ 6%5★ (7)

    AirbnbVrboBooking

  • Edgewater Dreams | Coosawattee Riverfront

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.2 mi

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

    Revenue $66,814ADR $322Occ ≈ 57%4.9★ (115)

    AirbnbVrbo

  • 4 Mi to Dtwn Ellijay: Cabin w/ Pool & River Access

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $9,774ADR $202Occ ≈ 13%5★ (15)

    Airbnb

  • Cedar Shoals - Riverfront, Hot Tub - Minimum Age

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

    Revenue $56,780ADR $276Occ ≈ 56%5★ (66)

    Airbnb

  • NEW: Dawn Lane Escape | Hot Tub | Mins to Town

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.3 mi

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

    Revenue $22,597ADR $201Occ ≈ 31%5★ (29)

    AirbnbVrbo

  • Dog-friendly cabin with hot tub, 2 fireplaces, game room. washer/dryer & AC

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

    Revenue $21,833ADR $199Occ ≈ 30%4.8★ (15)

    Delisted

  • Riverfront Cabin, Hot Tub, Fire Pit, Indoor Pool

    House · 2 bd · 2 ba · sleeps 8 · 0.3 mi

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

    Revenue $56,026ADR $398Occ ≈ 39%5★ (40)

    AirbnbVrbo

  • On The Rocks | Ellijay, GA

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.3 mi

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

    Revenue $51,434ADR $330Occ ≈ 43%4.8★ (53)

    AirbnbVrbo

Show 16 more
  • Rocky River Retreat

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

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +2

    Revenue $7,476ADR $327Occ ≈ 6%5★ (3)

    Airbnb

  • Rocky Road Retreat Stay

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

    • Hot tub
    • Pool
    • A/C
    • Pets OK
    • +3

    Revenue $8,575ADR $226Occ ≈ 10%4.5★ (27)

    AirbnbVrboBooking

  • 2BR cabin with pools, tennis, gym, rec center

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.4 mi

    Revenue $15,262ADR $176Occ ≈ 24%4.8★ (39)

    AirbnbVrboBooking

  • Cozy Boho Cabin with Hot Tub, Resort Amenities

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.4 mi

    Revenue $42,263ADR $227Occ ≈ 51%5★ (165)

    Airbnb

  • Dwell and Wander Stay

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.4 mi

    • Hot tub
    • Pool
    • A/C
    • Pets OK
    • +5

    Revenue $3,628ADR $279Occ ≈ 4%5★ (2)

    AirbnbVrboBooking

  • Two Bedroom Lodge

    Villa · 2 bd · 1 ba · sleeps 4 · 0.4 mi

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

    Revenue $8,928ADR $195Occ ≈ 13%—

    AirbnbVrbo

  • Family Cabin | Hot Tub, Fire Pit, Indoor Pool Acc

    Cabin · 2 bd · 3 ba · sleeps 8 · 0.5 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $49,586ADR $213Occ ≈ 64%5★ (133)

    AirbnbVrbo

  • Coosawattee Resort -Hot Tub • Games • Dog Friendly

    Cabin · 2 bd · 3 ba · sleeps 8 · 0.5 mi

    Revenue $5,239ADR $207Occ ≈ 7%5★ (1)

    AirbnbVrboBooking

  • Fire Pit + Free Wood | Pizza Oven & Grill | Deer

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

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $43,112ADR $175Occ ≈ 67%5★ (88)

    AirbnbVrbo

  • Dog-friendly home located within Coosawattee River Resort w/electric car charger

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi

    Revenue $4,174ADR $248Occ ≈ 5%—

    Vrbo

  • Bucky and Doe Doe's Place

    Cabin · 2 bd · 3 ba · sleeps 8 · 0.5 mi

    Revenue $5,875ADR $125Occ ≈ 13%4.6★

    Vrbo

  • Bucky and Doe Doe's Place

    Cabin · 2 bd · 3 ba · sleeps 8 · 0.5 mi

    Revenue $8,710ADR $272Occ ≈ 9%4.7★ (83)

    Delisted

  • Wand.r Lust Hilltop Retreat

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.6 mi

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

    Revenue $38,628ADR $172Occ ≈ 62%4.9★ (81)

    AirbnbVrbo

  • Very Private, Quiet Cabin With A Mountain View

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $2,373ADR $263Occ ≈ 2%4.8★ (71)

    Delisted

  • Riverfront Cabin/Hot Tub/Secluded w/Resort Amenity

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.7 mi

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

    Revenue $61,324ADR $236Occ ≈ 71%5★ (248)

    AirbnbVrbo

  • Hot Tub Cabin, Daily Deer, Fire Pit & Resort Pools

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.8 mi

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

    Revenue $16,196ADR $272Occ ≈ 16%4.9★ (57)

    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 7.86% = 7.11% Freddie Mac 30-yr avg (Nov 12) + 0.75% investor premium

Est. revenue

$32,588

NOI

$8,635

Cash flow /mo

-$2,484

Cash needed

$187,071

Cash-on-cash

-15.9%

ROE (yr 1)

-4.4%

Cap rate

1.5%

DSCR

0.22

Year-1 write-off

$132,359

Year-1 tax shield @ 32%

$42,355

Year-1 return on equity

  • Cash flow (annual)-$29,804
  • Principal paydown$3,800
  • Appreciation at%$17,697
ROE-4.4%

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)$6,518
  • Platform fees (3% of revenue)$978
  • Maintenance / capex (5% of revenue)$1,629
  • Utilities & supplies$4,200
  • HOA$1,080
  • Property tax$3,177
  • Insurance (STR-rated)$6,371

Cash needed to close

  • Down payment (25%)$147,475
  • Closing costs (4.0%)$23,596
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$42,355

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

$473,000

Short-life (5/15-yr)

$116,000 · 25%

Year-1 deduction

$132,000

Year-1 tax shield @ 32%

$42,000

Land 20% (county tax record, market value split) · building $357,000 over 39 years · new furniture $16,000

Based on: 1,578 sq ft, built 2000, 2 bd / 2 ba, unfurnished, listing features (hot tub, deck, fireplace, stone counters, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $84,000 in year 1 (14% short-life, $27,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$77,200
  • Kitchen cabinetsdefault

    $9,300 new × 40% good × 2.71 allocation

    $10,000
  • Kitchen countertops (stone)listing

    $9,500 new × 40% good × 2.71 allocation

    $10,300
  • Decorative trimdefault

    $2,800 new × 40% good × 2.71 allocation

    $3,000
  • Mirrorsdefault

    $300 new × 40% good × 2.71 allocation

    $300
  • Shelvingdefault

    $900 new × 40% good × 2.71 allocation

    $1,000
  • Window coverings (16)default

    $4,000 new × 40% good × 2.71 allocation

    $4,300
  • Kitchen & laundry equipment plumbingdefault

    $7,200 new × 48% good × 2.71 allocation

    $9,400
  • Kitchen, laundry & data equipment electricaldefault

    $4,400 new × 48% good × 2.71 allocation

    $5,700
  • Appliances (range, dishwasher, refrigerator, washer, dryer)listing

    $7,000 new × 40% good × 2.71 allocation

    $7,600
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.71 allocation

    $9,700
  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000
15-year land improvements$54,800
  • Paving: driveway & walks (paved)default

    $8,200 new × 50% good × 2.71 allocation

    $11,100
  • Landscaping (typical)default

    $7,900 new × 50% good × 2.71 allocation

    $10,700
  • Patiosdefault

    $1,600 new × 50% good × 2.71 allocation

    $2,100
  • Decks & porches (attached)listing

    $17,800 new × 50% good × 2.71 allocation

    $24,000
  • Gazebo / pergolalisting

    $5,000 new × 50% good × 2.71 allocation

    $6,800
Building, 39-year$357,300
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $171,200 new × 57% good × 2.71 allocation

    $262,600
  • Building plumbing & fixturesdefault

    $17,700 new × 48% good × 2.71 allocation

    $23,000
  • Building electrical & lightingdefault

    $17,300 new × 48% good × 2.71 allocation

    $22,400
  • HVACdefault

    $17,800 new × 40% good × 2.71 allocation

    $19,200
  • Hardwood & tile floorsdefault

    $10,200 new × 40% good × 2.71 allocation

    $11,000
  • Fireplacelisting

    $2,600 new × 40% good × 2.71 allocation

    $2,800
  • Septic systemlisting

    $12,000 new × 50% good × 2.71 allocation

    $16,200

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$77,200$54,800$400$132,400
2$0$0$9,200$9,200
3$0$0$9,200$9,200
4$0$0$9,200$9,200
5$0$0$9,200$9,200
6+$0$0$320,300$320,300
Total$77,200$54,800$357,300$489,300

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.