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353 Sunrise Rd

353 Sunrise Rd

Blue Ridge, GA 30513

$899,000

9 bd · 5 ba · 4,285 sqft · Listed 7d ago

View on Realtor.com →
Low confidence

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)

$120,598$211,081$293,290

Few similar-size comps were found, so all comps are shown.

Median revenue of shown comps: $211,081

  • Private Retreat for 25 | Resort Pool • Game Lounge

    Cabin · 8 bd · 7 ba · sleeps 16 · 0.3 mi

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

    Revenue $387,515ADR $1,762Occ ≈ 60%5★ (43)

    AirbnbVrbo

  • Serenity Cove

    Vacation home · 8 bd · 6 ba · sleeps 16 · 1.6 mi

    Revenue $160,280ADR $1,174Occ ≈ 37%—

    Booking

  • 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%—

    Booking

  • Toccoa Lodge | Toccoa River Frontage | 10,000 sqft

    House · 8 bd · 5.5 ba · sleeps 16 · 3.8 mi

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

    Revenue $261,882ADR $1,815Occ ≈ 40%5★ (309)

    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

Est. revenue

$266,359

NOI

$176,080

Cash flow /mo

$14,673

Cash needed

$934,960

Cash-on-cash (all cash)

18.8%

ROE (yr 1)

21.7%

Cap rate

19.6%

DSCR

—

Year-1 write-off

$130,288

Year-1 tax shield @ 32%

$41,692

Year-1 return on equity

  • Cash flow (annual)$176,080
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$26,970
ROE21.7%

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

  • Purchase price (all cash)$899,000
  • 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.

5-year property$93,100

  • Kitchen cabinetsdefault

    $15,200 new × 40% good × 1.82 allocation

    $11,000

  • Kitchen countertopsdefault

    $12,400 new × 40% good × 1.82 allocation

    $9,000

  • Decorative trimdefault

    $7,500 new × 40% good × 1.82 allocation

    $5,400

  • Mirrorsdefault

    $800 new × 40% good × 1.82 allocation

    $500

  • Shelvingdefault

    $3,000 new × 40% good × 1.82 allocation

    $2,200

  • Window coverings (43)default

    $10,800 new × 40% good × 1.82 allocation

    $7,800

  • Carpet, vinyl & laminate (40% of floors)listing

    $11,000 new × 40% good × 1.82 allocation

    $8,000

  • Kitchen & laundry equipment plumbingdefault

    $11,800 new × 60% good × 1.82 allocation

    $12,900

  • Kitchen, laundry & data equipment electricaldefault

    $7,100 new × 60% good × 1.82 allocation

    $7,800

  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 1.82 allocation

    $5,600

  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 1.82 allocation

    $6,500

  • Furniture conveyed with the sale (used)listing

    $40,500 new × 40% good · out of the price

    $16,200
15-year land improvements$36,400

  • Paving: driveway & walks (paved)default

    $13,600 new × 50% good × 1.82 allocation

    $12,300

  • Landscaping (typical)default

    $13,100 new × 50% good × 1.82 allocation

    $11,900

  • Patiosdefault

    $4,200 new × 50% good × 1.82 allocation

    $3,800

  • Decks & porches (attached)default

    $4,200 new × 50% good × 1.82 allocation

    $3,800

  • Gazebo / pergolalisting

    $5,000 new × 50% good × 1.82 allocation

    $4,500
Building, 39-year$735,300

  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $464,500 new × 67% good × 1.82 allocation

    $562,500

  • Building plumbing & fixturesdefault

    $48,400 new × 60% good × 1.82 allocation

    $52,700

  • Building electrical & lightingdefault

    $51,600 new × 60% good × 1.82 allocation

    $56,200

  • HVACdefault

    $48,300 new × 40% good × 1.82 allocation

    $35,100

  • Hardwood & tile floorsdefault

    $16,500 new × 40% good × 1.82 allocation

    $12,000

  • Fireplaces (3)listing

    $7,900 new × 40% good × 1.82 allocation

    $5,700

  • Septic systemlisting

    $12,000 new × 50% good × 1.82 allocation

    $10,900

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
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.