Rate 8.07% = 7.32% Freddie Mac 30-yr avg (Oct 22) + 0.75% investor premium

237 Little Rock Creek Ct

Cherry Log, GA 30522

$357,900

2 bd · 2 ba · Listed 1d ago

View on Realtor.com →

Negative cash flow

Year built

1987

Sqft

—

Lot sqft

76,666

HOA / mo

None

Furnished

List date

2026-10-24T14:14:51.000000Z

Revenue

Annual revenue

$35,535

ADR

$170

Occupancy

57%

Cleaning fees (12 mo)

$9,106

Confidence

Med (62.34), 20 comps

Comp revenue range (p25 / median / p75)

$27,780$33,322$41,415

Median revenue of shown comps: $33,322

Private Cabin, Deck and Views Blue Ridge Mountains
Cabin · 2 bd · 2 ba · sleeps 6 · 207 ft
- A/C
- Free parking
- Pets OK
- Wifi
- +5
Revenue $19,538ADR $123Occ ≈ 44%4.8★ (435)
Airbnb
*Little Cub Cabin*Views~Couples~Pets~HotTub
Cabin · 2 bd · 1 ba · sleeps 4 · 233 ft
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $56,310ADR $200Occ ≈ 77%4.8★ (93)
Airbnb Vrbo
Private Fire Pit View of Blue Ridge Mountains.
Cabin · 2 bd · 2 ba · sleeps 6 · 259 ft
- A/C
- Free parking
- Pets OK
- Wifi
- +4
Revenue $27,013ADR $130Occ ≈ 57%4.8★ (326)
Airbnb Vrbo
Secret Mountain View in Blue Ridge Mountains
Cabin · 2 bd · 2 ba · sleeps 5 · 338 ft
- A/C
- Free parking
- Pets OK
- Wifi
- +4
Revenue $32,257ADR $133Occ ≈ 66%4.8★ (282)
Airbnb
Cabin with Breathtaking Mountain View & Hot Tub!
Cabin · 2 bd · 2 ba · sleeps 4 · 0.1 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $27,070ADR $206Occ ≈ 36%5★ (59)
Airbnb Vrbo
Treehouse At Rock Creek | Cherry Log, Ga
Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +4
Revenue $51,470ADR $291Occ ≈ 48%4.8★ (19)
Airbnb Vrbo
"Hidden Ridge Hideaway" Gilmer Co STRL # 001598
Cabin · 2 bd · 2 ba · sleeps 4 · 0.3 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $32,494ADR $149Occ ≈ 60%5★ (210)
Airbnb Vrbo
Boujee Moose -new, hot tub, dog friendly, fire pit
Cabin · 2 bd · 2 ba · sleeps 4 · 0.3 mi
Revenue $48,304ADR $237Occ ≈ 56%4.8★ (60)
Airbnb Booking
The Hilltop Hideaway
Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $25,225ADR $112Occ ≈ 62%4.9★ (154)
Airbnb
*Specials*Beautiful View/Dogs ok/Firepit/King bed
Cabin · 2 bd · 2 ba · sleeps 6 · 0.4 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +4
Revenue $31,867ADR $208Occ ≈ 42%4.8★ (282)
Airbnb

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Private Cabin, Deck and Views Blue Ridge Mountains Cabin A/C Free parking Pets OK Wifi +5	2 bd · 2 ba · sleeps 6	$19,538	$123	44%	4.8★ (435)	207 ft	Airbnb
Little Cub CabinViews~Couples~Pets~HotTub Cabin Hot tub A/C Free parking Pets OK +5	2 bd · 1 ba · sleeps 4	$56,310	$200	77%	4.8★ (93)	233 ft	Airbnb Vrbo
Private Fire Pit View of Blue Ridge Mountains. Cabin A/C Free parking Pets OK Wifi +4	2 bd · 2 ba · sleeps 6	$27,013	$130	57%	4.8★ (326)	259 ft	Airbnb Vrbo
Secret Mountain View in Blue Ridge Mountains Cabin A/C Free parking Pets OK Wifi +4	2 bd · 2 ba · sleeps 5	$32,257	$133	66%	4.8★ (282)	338 ft	Airbnb
Cabin with Breathtaking Mountain View & Hot Tub! Cabin Hot tub A/C Free parking Wifi +4	2 bd · 2 ba · sleeps 4	$27,070	$206	36%	5★ (59)	0.1 mi	Airbnb Vrbo
Treehouse At Rock Creek \| Cherry Log, Ga Cabin A/C Free parking Pets OK Wifi +4	2 bd · 2 ba · sleeps 4	$51,470	$291	48%	4.8★ (19)	0.2 mi	Airbnb Vrbo
"Hidden Ridge Hideaway" Gilmer Co STRL # 001598 Cabin A/C Free parking Pets OK Wifi +3	2 bd · 2 ba · sleeps 4	$32,494	$149	60%	5★ (210)	0.3 mi	Airbnb Vrbo
Boujee Moose -new, hot tub, dog friendly, fire pit Cabin	2 bd · 2 ba · sleeps 4	$48,304	$237	56%	4.8★ (60)	0.3 mi	Airbnb Booking
The Hilltop Hideaway Cabin A/C Free parking Wifi Kitchen +2	2 bd · 2 ba · sleeps 6	$25,225	$112	62%	4.9★ (154)	0.3 mi	Airbnb
SpecialsBeautiful View/Dogs ok/Firepit/King bed Cabin A/C Free parking Pets OK Wifi +4	2 bd · 2 ba · sleeps 6	$31,867	$208	42%	4.8★ (282)	0.4 mi	Airbnb

Show 10 more

Black Bear Hollow, your perfect 2bed 2bath escape in Cherry Log, Georgia!
Cabin · 2 bd · 2 ba · sleeps 4 · 0.4 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $35,752ADR $215Occ ≈ 46%4.9★ (51)
Vrbo
Beary Irresistable - Hot tub & Prime Location!
Cabin · 2 bd · 2 ba · sleeps 4 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $28,016ADR $188Occ ≈ 41%4.9★ (347)
Airbnb Vrbo
On Lake Time | Cherry Log, GA
Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi
Revenue $37,959ADR $292Occ ≈ 36%4.8★ (33)
Airbnb Vrbo
Cozy vacay! Private creekside cabin w/ hot tub
Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $40,443ADR $153Occ ≈ 72%4.9★ (263)
Airbnb Vrbo Booking
Lake Hideaway 2 - Glory Living
Cabin · 2 bd · 2 ba · sleeps 8 · 0.6 mi
Revenue $65,845ADR $221Occ ≈ 82%5★ (408)
Airbnb Vrbo
Knotty Barn | Cherry Log, GA
Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.6 mi
Revenue $40,335ADR $267Occ ≈ 41%5★ (11)
Airbnb Vrbo
Quiet Days & Long Views
Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi
Revenue $31,939ADR $151Occ ≈ 58%4.8★ (234)
Airbnb
Traveller - Cherry Log, GA
Cabin · 2 bd · 2 ba · sleeps 5 · 0.7 mi
Revenue $34,149ADR $230Occ ≈ 41%4.6★ (48)
Airbnb Vrbo Booking
Traveller - Cherry Log, GA
Cabin · 2 bd · 2 ba · sleeps 5 · 0.7 mi
Revenue $4,913ADR $701Occ ≈ 2%—
Airbnb
Discover tranquility at Hidden Oasis
Cabin · 2 bd · 2 ba · sleeps 5 · 0.8 mi
Revenue $44,329ADR $182Occ ≈ 67%4.8★ (94)
Airbnb Vrbo Booking

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Black Bear Hollow, your perfect 2bed 2bath escape in Cherry Log, Georgia! Cabin A/C Free parking Pets OK Wifi +3	2 bd · 2 ba · sleeps 4	$35,752	$215	46%	4.9★ (51)	0.4 mi	Vrbo
Beary Irresistable - Hot tub & Prime Location! Cabin Hot tub A/C Free parking Wifi +3	2 bd · 2 ba · sleeps 4	$28,016	$188	41%	4.9★ (347)	0.4 mi	Airbnb Vrbo
On Lake Time \| Cherry Log, GA Cabin	2 bd · 2 ba · sleeps 4	$37,959	$292	36%	4.8★ (33)	0.5 mi	Airbnb Vrbo
Cozy vacay! Private creekside cabin w/ hot tub Cabin Hot tub A/C Free parking Wifi +3	2 bd · 2 ba · sleeps 6	$40,443	$153	72%	4.9★ (263)	0.5 mi	Airbnb Vrbo Booking
Lake Hideaway 2 - Glory Living Cabin	2 bd · 2 ba · sleeps 8	$65,845	$221	82%	5★ (408)	0.6 mi	Airbnb Vrbo
Knotty Barn \| Cherry Log, GA Cabin	2 bd · 2.5 ba · sleeps 6	$40,335	$267	41%	5★ (11)	0.6 mi	Airbnb Vrbo
Quiet Days & Long Views Cabin	2 bd · 2 ba · sleeps 6	$31,939	$151	58%	4.8★ (234)	0.7 mi	Airbnb
Traveller - Cherry Log, GA Cabin	2 bd · 2 ba · sleeps 5	$34,149	$230	41%	4.6★ (48)	0.7 mi	Airbnb Vrbo Booking
Traveller - Cherry Log, GA Cabin	2 bd · 2 ba · sleeps 5	$4,913	$701	2%	—	0.7 mi	Airbnb
Discover tranquility at Hidden Oasis Cabin	2 bd · 2 ba · sleeps 5	$44,329	$182	67%	4.8★ (94)	0.8 mi	Airbnb Vrbo Booking

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

Purchase priceDown payment %30-yr rate %Already furnishedTax bracketCount tax savings in returnsOnly if you can use the losses (STR loophole)

Rate 8.07% = 7.32% Freddie Mac 30-yr avg (Oct 22) + 0.75% investor premium

Est. revenue

$35,535

NOI

$15,120

Cash flow /mo

-$723

Cash needed

$119,791

Cash-on-cash

-7.2%

ROE (yr 1)

3.6%

Cap rate

4.2%

DSCR

0.64

Year-1 write-off

$76,818

Year-1 tax shield @ 32%

$24,582

Year-1 return on equity

Cash flow (annual)-$8,673
Principal paydown$2,211
Appreciation at%$10,737

ROE3.6%

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)$7,107
Platform fees (3% of revenue)$1,066
Maintenance / capex (5% of revenue)$1,777
Utilities & supplies$4,200
HOA$0
Property tax$2,400
Insurance (STR-rated)$3,865

Cash needed to close

Down payment (25%)$89,475
Closing costs (4.0%)$14,316
Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

Tax shield @ 32%$24,582

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

$283,000

Short-life (5/15-yr)

$61,000 · 21%

Year-1 deduction

$77,000

Year-1 tax shield @ 32%

$25,000

Land 21% (county tax record, market value split) · building $222,000 over 39 years · new furniture $16,000

Based on: ~1,400 sq ft (from beds), built 1987, 2 bd / 2 ba, unfurnished, listing features (flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $55,000 in year 1 (14% short-life, $18,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$54,100

Kitchen cabinetsdefault
$8,900 new × 40% good × 2.50 allocation
$8,900
Kitchen countertopsdefault
$7,300 new × 40% good × 2.50 allocation
$7,300
Decorative trimdefault
$2,500 new × 40% good × 2.50 allocation
$2,400
Mirrorsdefault
$300 new × 40% good × 2.50 allocation
$300
Shelvingdefault
$900 new × 40% good × 2.50 allocation
$900
Window coverings (14)default
$3,500 new × 40% good × 2.50 allocation
$3,500
Kitchen & laundry equipment plumbingdefault
$6,900 new × 40% good × 2.50 allocation
$6,900
Kitchen, laundry & data equipment electricaldefault
$4,200 new × 40% good × 2.50 allocation
$4,200
Appliances (range, washer, dryer)listing
$3,800 new × 40% good × 2.50 allocation
$3,800
Furniture bought newlisting
$16,000 new × 100% good · bought separately
$16,000

15-year land improvements$22,500

Paving: driveway & walks (paved)default
$7,800 new × 50% good × 2.50 allocation
$9,700
Landscaping (typical)default
$7,500 new × 50% good × 2.50 allocation
$9,300
Patiosdefault
$1,400 new × 50% good × 2.50 allocation
$1,700
Decks & porches (attached)default
$1,400 new × 50% good × 2.50 allocation
$1,700

Building, 39-year$222,100

Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$151,800 new × 40% good × 2.50 allocation
$151,700
Building plumbing & fixturesdefault
$15,700 new × 40% good × 2.50 allocation
$15,700
Building electrical & lightingdefault
$15,000 new × 40% good × 2.50 allocation
$15,000
HVACdefault
$15,800 new × 40% good × 2.50 allocation
$15,800
Hardwood & tile floorsdefault
$9,000 new × 40% good × 2.50 allocation
$9,000
Septic systemlisting
$12,000 new × 50% good × 2.50 allocation
$15,000

About the property

Sold furnishedGame roomHot tubPoolDeckDrivewayLandscapingFencedIrrigationLong-term rental (27.5-yr)Carpet / vinyl / laminate %Placed in serviceClosing costs $ (adds to basis)Land %Bonus depreciation %

Depreciation schedule: typical cost seg study

Year	5-yr	15-yr	Building	Total
1	$54,100	$22,500	$200	$76,800
2	$0	$0	$5,700	$5,700
3	$0	$0	$5,700	$5,700
4	$0	$0	$5,700	$5,700
5	$0	$0	$5,700	$5,700
6+	$0	$0	$199,100	$199,100
Total	$54,100	$22,500	$222,100	$298,700

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.