96 Hidden Lake Ln
Cherry Log, GA 30522
$699,000
3 bd · 3 ba · 1,976 sqft · Listed 5d ago
View on Realtor.com →Year built
2006
Sqft
1,976
Lot sqft
43,560
HOA / mo
None
Furnished
Yes
List date
2026-09-22T21:00:12.000000Z
Revenue
Annual revenue
$44,163
ADR
$273
Occupancy
44%
Cleaning fees (12 mo)
$8,501
Confidence
Med (59.17), 14 comps
Comp revenue range (p25 / median / p75)
Spectacular Cabin with Incredible Living Areas Cherry Log, Georgia
Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.2 mi
Revenue $27,863ADR $684Occ ≈ 11%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Luxury Lodge | Views, Hot Tub & Game Room Cabin | 3 bd · 3.5 ba · sleeps 6 | $39,211 | $525 | 20% | 5★ (90) | 430 ft | AirbnbVrbo |
Lovely Log Cabin + Bunkhouse w/ Views & Yard! Cabin | 3 bd · 2.5 ba · sleeps 8 | $37,458 | $267 | 38% | 5★ (29) | 476 ft | AirbnbVrboBooking |
Sunset View Cabin | Deck + Firepit | Blue Ridge Cabin | 3 bd · 3 ba · sleeps 8 | $22,781 | $392 | 16% | 4.8★ (110) | 495 ft | AirbnbVrbo |
Spectacular Cabin with Incredible Living Areas Cherry Log, Georgia Cabin | 3 bd · 3.5 ba · sleeps 8 | $27,863 | $684 | 11% | — | 0.2 mi | Vrbo |
Upscale 3BR | Fireplace | Balcony | Firepit Cabin | 3 bd · 3 ba · sleeps 8 | $25,827 | $266 | 27% | 4.9★ (26) | 0.2 mi | AirbnbVrboBooking |
Cozy Cherry Log Cabin ~ 10 Mi to Mercier Orchards Cabin | 3 bd · 2 ba · sleeps 6 | $46,687 | $190 | 67% | 4.7★ (155) | 0.2 mi | AirbnbVrboBooking |
BlueRidge Everest Retreat : Spa|BBQ|FirePit|Games Cabin | 3 bd · 3.5 ba · sleeps 10 | $49,921 | $307 | 45% | 5★ (58) | 0.2 mi | AirbnbVrbo |
Cozy Blue Ridge Cabin-Firepit-Views-Private Escape Cabin | 3 bd · 2 ba · sleeps 8 | $42,270 | $313 | 37% | 5★ (139) | 0.3 mi | AirbnbVrbo |
Cozy Cherry Log Cabin w/ Hot Tub & Mountain Views! Cabin | 3 bd · 3 ba · sleeps 8 | $24,205 | $277 | 24% | 5★ (56) | 0.3 mi | AirbnbVrboBooking |
Mountain Bliss * Hot Tub Deck w/ TV, Great Wi-Fi! Cabin | 3 bd · 2 ba · sleeps 8 | $45,966 | $227 | 55% | 4.8★ (98) | 0.3 mi | AirbnbVrbo |
Show all 14 comps
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
 Pet-Friendly-Lakefront Cabin w/Amazing Views-Hot T Cabin | 3 bd · 2 ba · sleeps 8 | $73,935 | $307 | 66% | 5★ (284) | 0.4 mi | AirbnbVrbo |
 Lake Hideaway - Glory Living Cabin | 3 bd · 2 ba · sleeps 6 | $49,485 | $171 | 79% | 5★ (566) | 0.4 mi | AirbnbVrbo |
 Lakeside Escape w/Hot Tub & Firepit Cabin | 3 bd · 3 ba · sleeps 6 | $84,292 | $314 | 74% | 5★ (145) | 0.6 mi | AirbnbVrbo |
 Peaceful Seclusion - Minutes to Blue Ridge Cabin | 3 bd · 2 ba · sleeps 7 | $39,873 | $167 | 65% | 5★ (277) | 0.6 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 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$44,163
NOI
$15,971
Cash flow /mo
-$2,436
Cash needed
$202,710
Cash-on-cash
-14.4%
ROE (yr 1)
-1.8%
Cap rate
2.3%
DSCR
0.35
Year-1 write-off
$126,965
Year-1 tax shield @ 32%
$40,629
Year-1 return on equity
- Cash flow (annual)-$29,229
- Principal paydown$4,574
- Appreciation at%$20,970
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$8,833
- Platform fees (3% of revenue)$1,325
- Maintenance / capex (5% of revenue)$2,208
- Utilities & supplies$4,200
- HOA$0
- Property tax$4,077
- Insurance (STR-rated)$7,549
Cash needed to close
- Down payment (25%)$174,750
- Closing costs (4.0%)$27,960
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$40,629
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
$617,000
Short-life (5/15-yr)
$125,000 · 20%
Year-1 deduction
$127,000
Year-1 tax shield @ 32%
$41,000
Land 12% (county tax record, market value split) · building $491,000 over 39 years
Based on: 1,976 sq ft, built 2006, 3 bd / 3 ba, furnished, listing features (deck, patio, fireplace, flooring types, appliance list, septic).
IRS-guide safe-harbor floor: $75,000 in year 1 (12% short-life, $24,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $10,400
Kitchen cabinetsdefault
$10,100 new × 40% good × 2.56 allocation
- $8,500
Kitchen countertopsdefault
$8,300 new × 40% good × 2.56 allocation
- $3,500
Decorative trimdefault
$3,500 new × 40% good × 2.56 allocation
- $500
Mirrorsdefault
$500 new × 40% good × 2.56 allocation
- $1,200
Shelvingdefault
$1,200 new × 40% good × 2.56 allocation
- $5,100
Window coverings (20)default
$5,000 new × 40% good × 2.56 allocation
- $12,100
Kitchen & laundry equipment plumbingdefault
$7,900 new × 60% good × 2.56 allocation
- $7,300
Kitchen, laundry & data equipment electricaldefault
$4,800 new × 60% good × 2.56 allocation
- $5,800
Appliances (range, microwave, dishwasher, refrigerator)listing
$5,700 new × 40% good × 2.56 allocation
- $7,800
Furniture conveyed with the sale (used)listing
$19,500 new × 40% good · out of the price
- $11,800
Paving: driveway & walks (paved)default
$9,200 new × 50% good × 2.56 allocation
- $11,400
Landscaping (typical)default
$8,900 new × 50% good × 2.56 allocation
- $11,400
Patioslisting
$8,900 new × 50% good × 2.56 allocation
- $28,500
Decks & porches (attached)listing
$22,200 new × 50% good × 2.56 allocation
- $366,100
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$214,300 new × 67% good × 2.56 allocation
- $34,200
Building plumbing & fixturesdefault
$22,200 new × 60% good × 2.56 allocation
- $34,300
Building electrical & lightingdefault
$22,300 new × 60% good × 2.56 allocation
- $22,800
HVACdefault
$22,300 new × 40% good × 2.56 allocation
- $13,000
Hardwood & tile floorsdefault
$12,700 new × 40% good × 2.56 allocation
- $5,400
Fireplaces (2)listing
$5,300 new × 40% good × 2.56 allocation
- $15,400
Septic systemlisting
$12,000 new × 50% good × 2.56 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $62,300 | $63,100 | $1,600 | $127,000 |
| 2 | $0 | $0 | $12,600 | $12,600 |
| 3 | $0 | $0 | $12,600 | $12,600 |
| 4 | $0 | $0 | $12,600 | $12,600 |
| 5 | $0 | $0 | $12,600 | $12,600 |
| 6+ | $0 | $0 | $439,300 | $439,300 |
| Total | $62,300 | $63,100 | $491,200 | $616,600 |
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: Georgia disallows 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.