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

216 Pig Trl

Cherry Log, GA 30522

$339,000

2 bd · 1 ba · 672 sqft · Listed today

View on Realtor.com →

Negative cash flow

Year built

1996

Sqft

672

Lot sqft

104,980

HOA / mo

None

Furnished

Yes

List date

2026-10-23T06:05:44.000000Z

Revenue

Annual revenue

$33,582

ADR

$183

Occupancy

50%

Cleaning fees (12 mo)

$7,410

Confidence

Med (69.14), 14 comps

Comp revenue range (p25 / median / p75)

$27,307$32,062$39,270

Median revenue of shown comps: $32,257

Black Bear Hollow, your perfect 2bed 2bath escape in Cherry Log, Georgia!
Cabin · 2 bd · 2 ba · sleeps 4 · 69 ft
- 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 · 72 ft
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $28,016ADR $188Occ ≈ 41%4.9★ (347)
Airbnb Vrbo
The Hilltop Hideaway
Cabin · 2 bd · 2 ba · sleeps 6 · 433 ft
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $25,225ADR $112Occ ≈ 62%4.9★ (154)
Airbnb
Boujee Moose -new, hot tub, dog friendly, fire pit
Cabin · 2 bd · 2 ba · sleeps 4 · 0.1 mi
Revenue $48,304ADR $237Occ ≈ 56%4.8★ (60)
Airbnb Booking
"Hidden Ridge Hideaway" Gilmer Co STRL # 001598
Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $32,494ADR $149Occ ≈ 60%5★ (210)
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
Cozy vacay! Private creekside cabin w/ hot tub
Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $40,443ADR $153Occ ≈ 72%4.9★ (263)
Airbnb Vrbo Booking
Cabin with Breathtaking Mountain View & Hot Tub!
Cabin · 2 bd · 2 ba · sleeps 4 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $27,070ADR $206Occ ≈ 36%5★ (59)
Airbnb Vrbo
Private Fire Pit View of Blue Ridge Mountains.
Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +4
Revenue $27,013ADR $130Occ ≈ 57%4.8★ (326)
Airbnb Vrbo
*Little Cub Cabin*Views~Couples~Pets~HotTub
Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $56,310ADR $200Occ ≈ 77%4.8★ (93)
Airbnb Vrbo

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)	69 ft	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)	72 ft	Airbnb Vrbo
The Hilltop Hideaway Cabin A/C Free parking Wifi Kitchen +2	2 bd · 2 ba · sleeps 6	$25,225	$112	62%	4.9★ (154)	433 ft	Airbnb
Boujee Moose -new, hot tub, dog friendly, fire pit Cabin	2 bd · 2 ba · sleeps 4	$48,304	$237	56%	4.8★ (60)	0.1 mi	Airbnb Booking
"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)	0.2 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
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)	0.2 mi	Airbnb Vrbo Booking
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)	0.3 mi	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)	0.3 mi	Airbnb Vrbo
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)	0.3 mi	Airbnb Vrbo

Show 3 more

Private Cabin, Deck and Views Blue Ridge Mountains
Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +5
Revenue $19,538ADR $123Occ ≈ 44%4.8★ (435)
Airbnb
Secret Mountain View in Blue Ridge Mountains
Cabin · 2 bd · 2 ba · sleeps 5 · 0.4 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +4
Revenue $32,257ADR $133Occ ≈ 66%4.8★ (282)
Airbnb
*Specials*Beautiful View/Dogs ok/Firepit/King bed
Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi
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)	0.3 mi	Airbnb
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)	0.4 mi	Airbnb
SpecialsBeautiful View/Dogs ok/Firepit/King bed Cabin	2 bd · 2 ba · sleeps 6	$31,867	$208	42%	4.8★ (282)	0.7 mi	Airbnb

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

$33,582

NOI

$16,109

Cash flow /mo

-$536

Cash needed

$98,310

Cash-on-cash

-6.5%

ROE (yr 1)

5.9%

Cap rate

4.8%

DSCR

0.71

Year-1 write-off

$72,245

Year-1 tax shield @ 32%

$23,118

Year-1 return on equity

Cash flow (annual)-$6,427
Principal paydown$2,095
Appreciation at%$10,170

ROE5.9%

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)$6,716
Platform fees (3% of revenue)$1,007
Maintenance / capex (5% of revenue)$1,679
Utilities & supplies$4,200
HOA$0
Property tax$209
Insurance (STR-rated)$3,661

Cash needed to close

Down payment (25%)$84,750
Closing costs (4.0%)$13,560
Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

Tax shield @ 32%$23,118

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

$206,000

Short-life (5/15-yr)

$72,000 · 35%

Year-1 deduction

$72,000

Year-1 tax shield @ 32%

$23,000

Land 40% (county tax record, market value split) · building $134,000 over 39 years

Based on: 672 sq ft, built 1996, 2 bd / 1 ba, furnished, listing features (deck, fence, fireplace, stone counters, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $46,000 in year 1 (22% short-life, $15,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$41,000

Kitchen cabinetsdefault
$7,300 new × 40% good × 2.51 allocation
$7,300
Kitchen countertops (stone)listing
$7,400 new × 40% good × 2.51 allocation
$7,500
Decorative trimdefault
$1,200 new × 40% good × 2.51 allocation
$1,200
Mirrorsdefault
$200 new × 40% good × 2.51 allocation
$200
Shelvingdefault
$900 new × 40% good × 2.51 allocation
$900
Window coverings (7)default
$1,800 new × 40% good × 2.51 allocation
$1,800
Kitchen & laundry equipment plumbingdefault
$5,700 new × 40% good × 2.51 allocation
$5,700
Kitchen, laundry & data equipment electricaldefault
$3,400 new × 40% good × 2.51 allocation
$3,400
Appliances (range, microwave, refrigerator, washer, dryer)listing
$6,700 new × 40% good × 2.51 allocation
$6,700
Furniture conveyed with the sale (used)listing
$16,000 new × 40% good · out of the price
$6,400

15-year land improvements$31,100

Paving: driveway & walks (paved)default
$5,400 new × 50% good × 2.51 allocation
$6,700
Landscaping (typical)default
$5,200 new × 50% good × 2.51 allocation
$6,500
Patiosdefault
$700 new × 50% good × 2.51 allocation
$800
Decks & porches (attached)listing
$7,600 new × 50% good × 2.51 allocation
$9,500
Fencinglisting
$6,000 new × 50% good × 2.51 allocation
$7,500

Building, 39-year$133,800

Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$72,400 new × 50% good × 2.51 allocation
$90,800
Building plumbing & fixturesdefault
$7,500 new × 40% good × 2.51 allocation
$7,500
Building electrical & lightingdefault
$5,800 new × 40% good × 2.51 allocation
$5,800
HVACdefault
$7,600 new × 40% good × 2.51 allocation
$7,600
Hardwood & tile floorsdefault
$4,300 new × 40% good × 2.51 allocation
$4,300
Fireplacelisting
$2,600 new × 40% good × 2.51 allocation
$2,600
Septic systemlisting
$12,000 new × 50% good × 2.51 allocation
$15,100

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	$41,000	$31,100	$100	$72,200
2	$0	$0	$3,400	$3,400
3	$0	$0	$3,400	$3,400
4	$0	$0	$3,400	$3,400
5	$0	$0	$3,400	$3,400
6+	$0	$0	$120,000	$120,000
Total	$41,000	$31,100	$133,800	$205,900

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.