353 Sunrise Rd
Blue Ridge, GA 30513
$899,000
9 bd · 5 ba · 4,285 sqft · Listed 7d ago
View on Realtor.com →Year built
2006
Sqft
4,285
Lot sqft
130,680
HOA / mo
None
Furnished
Yes
List date
2026-11-05T22:25:04.000000Z
Revenue
Annual revenue
$266,359
ADR
$1,207
Occupancy
60%
Cleaning fees (12 mo)
$31,772
Confidence
Low (—), 4 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $211,081
Serenity Cove
Vacation home · 8 bd · 6 ba · sleeps 16 · 1.6 mi
Revenue $160,280ADR $1,174Occ ≈ 37%—
Luxury Group Cabin for Secluded Mountain Getaway in Blue Ridge, Georgia
Vacation home · 9 bd · 6 ba · sleeps 40 · 2.5 mi
Revenue $1,550ADR $1,550Occ ≈ 0%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Private Retreat for 25 | Resort Pool • Game Lounge Cabin
| 8 bd · 7 ba · sleeps 16 | $387,515 | $1,762 | 60% | 5★ (43) | 0.3 mi | AirbnbVrbo |
Serenity Cove Vacation home | 8 bd · 6 ba · sleeps 16 | $160,280 | $1,174 | 37% | — | 1.6 mi | Booking |
Luxury Group Cabin for Secluded Mountain Getaway in Blue Ridge, Georgia Vacation home | 9 bd · 6 ba · sleeps 40 | $1,550 | $1,550 | 0% | — | 2.5 mi | Booking |
Toccoa Lodge | Toccoa River Frontage | 10,000 sqft House
| 8 bd · 5.5 ba · sleeps 16 | $261,882 | $1,815 | 40% | 5★ (309) | 3.8 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 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium
Est. revenue
$266,359
NOI
$176,080
Cash flow /mo
$9,759
Cash needed
$260,710
Cash-on-cash
44.9%
ROE (yr 1)
57.5%
Cap rate
19.6%
DSCR
2.99
Year-1 write-off
$130,288
Year-1 tax shield @ 32%
$41,692
Year-1 return on equity
- Cash flow (annual)$117,106
- Principal paydown$5,711
- Appreciation at%$26,970
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)$53,272
- Platform fees (3% of revenue)$7,991
- Maintenance / capex (5% of revenue)$13,318
- Utilities & supplies$4,200
- HOA$0
- Property tax$1,924
- Insurance (STR-rated)$9,574
Cash needed to close
- Down payment (25%)$224,750
- Closing costs (4.0%)$35,960
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$41,692
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
$865,000
Short-life (5/15-yr)
$130,000 · 15%
Year-1 deduction
$130,000
Year-1 tax shield @ 32%
$42,000
Land 4% (county tax record, market value split) · building $735,000 over 39 years
Based on: 4,285 sq ft, built 2006, 9 bd / 5 ba, furnished, listing features (hot tub, fireplace, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $98,000 in year 1 (11% short-life, $31,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,000
Kitchen cabinetsdefault
$15,200 new × 40% good × 1.82 allocation
- $9,000
Kitchen countertopsdefault
$12,400 new × 40% good × 1.82 allocation
- $5,400
Decorative trimdefault
$7,500 new × 40% good × 1.82 allocation
- $500
Mirrorsdefault
$800 new × 40% good × 1.82 allocation
- $2,200
Shelvingdefault
$3,000 new × 40% good × 1.82 allocation
- $7,800
Window coverings (43)default
$10,800 new × 40% good × 1.82 allocation
- $8,000
Carpet, vinyl & laminate (40% of floors)listing
$11,000 new × 40% good × 1.82 allocation
- $12,900
Kitchen & laundry equipment plumbingdefault
$11,800 new × 60% good × 1.82 allocation
- $7,800
Kitchen, laundry & data equipment electricaldefault
$7,100 new × 60% good × 1.82 allocation
- $5,600
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 1.82 allocation
- $6,500
Hot tub (freestanding)listing
$9,000 new × 40% good × 1.82 allocation
- $16,200
Furniture conveyed with the sale (used)listing
$40,500 new × 40% good · out of the price
- $12,300
Paving: driveway & walks (paved)default
$13,600 new × 50% good × 1.82 allocation
- $11,900
Landscaping (typical)default
$13,100 new × 50% good × 1.82 allocation
- $3,800
Patiosdefault
$4,200 new × 50% good × 1.82 allocation
- $3,800
Decks & porches (attached)default
$4,200 new × 50% good × 1.82 allocation
- $4,500
Gazebo / pergolalisting
$5,000 new × 50% good × 1.82 allocation
- $562,500
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$464,500 new × 67% good × 1.82 allocation
- $52,700
Building plumbing & fixturesdefault
$48,400 new × 60% good × 1.82 allocation
- $56,200
Building electrical & lightingdefault
$51,600 new × 60% good × 1.82 allocation
- $35,100
HVACdefault
$48,300 new × 40% good × 1.82 allocation
- $12,000
Hardwood & tile floorsdefault
$16,500 new × 40% good × 1.82 allocation
- $5,700
Fireplaces (3)listing
$7,900 new × 40% good × 1.82 allocation
- $10,900
Septic systemlisting
$12,000 new × 50% good × 1.82 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $93,100 | $36,400 | $800 | $130,300 |
| 2 | $0 | $0 | $18,900 | $18,900 |
| 3 | $0 | $0 | $18,900 | $18,900 |
| 4 | $0 | $0 | $18,900 | $18,900 |
| 5 | $0 | $0 | $18,900 | $18,900 |
| 6+ | $0 | $0 | $659,100 | $659,100 |
| Total | $93,100 | $36,400 | $735,300 | $864,800 |
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.