184 Rockhouse Rd
Cherry Log, GA 30522
$565,000
3 bd · 3 ba · 2,240 sqft · Listed 1d ago
View on Realtor.com →Year built
2022
Sqft
2,240
Lot sqft
64,469
HOA / mo
None
Furnished
Yes
List date
2026-10-13T19:19:44.000000Z
Revenue
Annual revenue
$49,990
ADR
$258
Occupancy
53%
Cleaning fees (12 mo)
$10,946
Confidence
Med (64.72), 31 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $44,929
Fish Camp Cabin! Outdoor Game Barn, Hot Tub, Firepit! on Fightingtown Creek!
House · 3 bd · 2 ba · sleeps 6 · 226 ft
Revenue $42,948ADR $562Occ ≈ 21%4.9★ (15)
Delisted
Creekfront Retreat | Hot Tub, Game Barn & Fire Pit
House · 3 bd · 2 ba · sleeps 6 · 0.1 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $52,740ADR $298Occ ≈ 48%5★ (23)
Fightingtown Trout Haven Retreat @ *Cashes Valley*
Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.1 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $64,521ADR $285Occ ≈ 62%5★ (20)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Fish Camp Cabin! Outdoor Game Barn, Hot Tub, Firepit! on Fightingtown Creek! House | 3 bd · 2 ba · sleeps 6 | $42,948 | $562 | 21% | 4.9★ (15) | 226 ft | Delisted |
Creekfront Retreat | Hot Tub, Game Barn & Fire Pit House
| 3 bd · 2 ba · sleeps 6 | $52,740 | $298 | 48% | 5★ (23) | 0.1 mi | Airbnb |
Creek Access | Game Barn | Hot Tub | Fire Pit! Cabin
| 3 bd · 2 ba · sleeps 6 | $52,605 | $314 | 46% | 5★ (21) | 0.1 mi | AirbnbVrbo |
Fightingtown Trout Haven Retreat @ *Cashes Valley* Cabin
| 3 bd · 2.5 ba · sleeps 6 | $64,521 | $285 | 62% | 5★ (20) | 0.1 mi | Airbnb |
Private Modern Lodge | Views, Hot Tub, Trails Cabin
| 3 bd · 3.5 ba · sleeps 6 | $49,631 | $272 | 50% | 5★ (37) | 0.2 mi | AirbnbVrbo |
Cozy Family Fun-filled Authentic Mountain Cabin Cabin
| 3 bd · 2 ba · sleeps 6 | $28,723 | $218 | 36% | 5★ (18) | 0.2 mi | AirbnbVrbo |
Blue Fox Retreat, Pet friendly, Hot tub, MTN View Cabin
| 3 bd · 2.5 ba · sleeps 8 | $44,929 | $236 | 52% | 4.9★ (29) | 0.2 mi | AirbnbVrbo |
Waterfront Cabin: Trout Run Cabin Cabin
| 3 bd · 2 ba · sleeps 6 | $47,320 | $275 | 47% | 4.9★ (197) | 0.2 mi | AirbnbVrboBooking |
Summer escape! Creek View! Hot Tub! 4 Fireplaces Cabin
| 3 bd · 3 ba · sleeps 10 | $39,115 | $298 | 36% | 5★ (86) | 0.2 mi | AirbnbVrbo |
Secluded Cabin, Epic Mountain Views, Hot Tub Cabin
| 3 bd · 2 ba · sleeps 6 | $40,035 | $211 | 52% | 4.9★ (199) | 0.2 mi | AirbnbVrbo |
Show 19 more
Views, Hot Tub, Movie Theater, Pool Table, Arcade!
Cabin · 3 bd · 3 ba · sleeps 6 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $18,650ADR $292Occ ≈ 17%5★ (10)
BLUE RIDGE SPLENDOR - 3 BR, 3 BA amazing cabin, with incredible mountain views!
Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $16,056ADR $263Occ ≈ 17%5★ (8)
🐦Perfect for Outdoor Enthusiasts!! 🌠 Hiking, Rafting 🚣, Ziplining & More!🚵
Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +5
Revenue $52,686ADR $295Occ ≈ 49%5★ (282)
New! Mtn Views, Hot tub, Firepit, EV Charger
House · 3 bd · 3 ba · sleeps 8 · 0.6 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +5
Revenue $1,740ADR $290Occ ≈ 2%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Sunset Vista-Hot Tub-Wood Burning Fireplace Cabin
| 3 bd · 2 ba · sleeps 6 | $57,026 | $204 | 77% | 4.9★ (325) | 0.2 mi | AirbnbVrbo |
Bear Holler Cabin
| 3 bd · 2 ba · sleeps 8 | $46,349 | $182 | 70% | 4.8★ (138) | 0.3 mi | AirbnbVrbo |
Hot Tub · Arcade Loft · Fire Pit · Wooded Cabin Cabin
| 3 bd · 2 ba · sleeps 8 | $67,628 | $266 | 70% | 5★ (171) | 0.3 mi | AirbnbVrbo |
A Walk in the Clouds: Views & Hot Tub Cabin
| 3 bd · 3 ba · sleeps 6 | $47,706 | $295 | 44% | 4.2★ (4) | 0.4 mi | AirbnbVrboBooking |
Rustic Ridge -mountain view, hot tub, pool table Cabin
| 3 bd · 3 ba · sleeps 6 | $49,560 | $274 | 50% | 4.8★ (32) | 0.4 mi | AirbnbVrboBooking |
Views, Hot Tub, Movie Theater, Pool Table, Arcade! Cabin
| 3 bd · 3 ba · sleeps 6 | $18,650 | $292 | 17% | 5★ (10) | 0.5 mi | Airbnb |
BLUE RIDGE SPLENDOR - 3 BR, 3 BA amazing cabin, with incredible mountain views! Cabin
| 3 bd · 3 ba · sleeps 8 | $16,056 | $263 | 17% | 5★ (8) | 0.5 mi | Vrbo |
🐦Perfect for Outdoor Enthusiasts!! 🌠 Hiking, Rafting 🚣, Ziplining & More!🚵 Cabin
| 3 bd · 3 ba · sleeps 8 | $52,686 | $295 | 49% | 5★ (282) | 0.5 mi | Vrbo |
Blue Ridge Cabin~Stunning Views!~Hot Tub~Game Room House
| 3 bd · 3 ba · sleeps 8 | $37,110 | $330 | 31% | 4.7★ (27) | 0.5 mi | AirbnbVrboBooking |
Black Bear Lodge | Cherry Log, Ga Cabin
| 3 bd · 3 ba · sleeps 8 | $40,189 | $302 | 36% | 5★ (2) | 0.5 mi | AirbnbVrbo |
New! Mtn Views, Hot tub, Firepit, EV Charger House
| 3 bd · 3 ba · sleeps 8 | $1,740 | $290 | 2% | — | 0.6 mi | Airbnb |
Game Room & Hot Tub: Cabin 9 Mi to Blue Ridge! Cabin
| 3 bd · 3 ba · sleeps 7 | $28,292 | $243 | 32% | 4.8★ (18) | 0.6 mi | AirbnbVrboBooking |
Whispering Creek & Hot Tub | Game Room Cabin
| 3 bd · 3 ba · sleeps 9 | $53,589 | $263 | 56% | 5★ (242) | 0.6 mi | AirbnbVrbo |
Great Oct/Nov Dates for Leaf Season•Hot Tub Cabin Cabin
| 3 bd · 3 ba · sleeps 9 | $33,320 | $229 | 40% | 5★ (102) | 0.6 mi | AirbnbVrbo |
Majestic Peace Mountainside Cabin | 3 bd · 4 ba · sleeps 8 | $29,543 | $312 | 26% | 5★ (51) | 0.7 mi | AirbnbBooking |
A River Runs Through It-sits on the creek, hot tub Cabin
| 3 bd · 2.5 ba · sleeps 7 | $64,772 | $299 | 59% | 4.8★ (32) | 0.7 mi | AirbnbVrboBooking |
Laughing Waters-on Fighting Town Creek, hot tub Cabin
| 3 bd · 2 ba · sleeps 7 | $45,982 | $278 | 45% | 4.8★ (45) | 0.7 mi | AirbnbVrboBooking |
Painted Skies Mtn View Hot Tub Fire Pit Cabin
| 3 bd · 3 ba · sleeps 6 | $36,337 | $232 | 43% | 4.5★ (18) | 0.7 mi | AirbnbVrboBooking |
Serenity Summit:Hot tub | Fire pit | Amazing Views Cabin
| 3 bd · 3 ba · sleeps 9 | $37,371 | $206 | 50% | 5★ (186) | 0.7 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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium
Est. revenue
$49,990
NOI
$23,868
Cash flow /mo
-$1,165
Cash needed
$163,850
Cash-on-cash
-8.5%
ROE (yr 1)
3.9%
Cap rate
4.2%
DSCR
0.63
Year-1 write-off
$100,610
Year-1 tax shield @ 32%
$32,195
Year-1 return on equity
- Cash flow (annual)-$13,977
- Principal paydown$3,436
- Appreciation at%$16,950
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)$9,998
- Platform fees (3% of revenue)$1,500
- Maintenance / capex (5% of revenue)$2,500
- Utilities & supplies$4,200
- HOA$0
- Property tax$1,908
- Insurance (STR-rated)$6,017
Cash needed to close
- Down payment (25%)$141,250
- Closing costs (4.0%)$22,600
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$32,195
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
$552,000
Short-life (5/15-yr)
$100,000 · 18%
Year-1 deduction
$101,000
Year-1 tax shield @ 32%
$32,000
Land 2% (county tax record, market value split) · building $452,000 over 39 years
Based on: 2,240 sq ft, built 2022, 3 bd / 3 ba, furnished, listing features (game room, fireplace, stone counters, flooring types, appliance list, septic, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $65,000 in year 1 (12% short-life, $21,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $12,900
Kitchen cabinetsdefault
$10,700 new × 84% good × 1.44 allocation
- $13,200
Kitchen countertops (stone)listing
$11,000 new × 84% good × 1.44 allocation
- $4,700
Decorative trimdefault
$3,900 new × 84% good × 1.44 allocation
- $400
Mirrorsdefault
$500 new × 67% good × 1.44 allocation
- $1,400
Shelvingdefault
$1,200 new × 84% good × 1.44 allocation
- $4,700
Window coverings (22)default
$5,500 new × 60% good × 1.44 allocation
- $4,600
Carpet, vinyl & laminate (33% of floors)listing
$4,800 new × 67% good × 1.44 allocation
- $11,000
Kitchen & laundry equipment plumbingdefault
$8,300 new × 92% good × 1.44 allocation
- $6,700
Kitchen, laundry & data equipment electricaldefault
$5,000 new × 92% good × 1.44 allocation
- $7,400
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 67% good × 1.44 allocation
- $7,800
Furniture conveyed with the sale (used)listing
$19,500 new × 40% good · out of the price
- $2,400
Game-room equipment (used)listing
$6,000 new × 40% good · out of the price
- $11,800
Paving: driveway & walks (paved)default
$9,800 new × 84% good × 1.44 allocation
- $5,700
Landscaping (minimal)listing
$4,700 new × 84% good × 1.44 allocation
- $2,700
Patiosdefault
$2,200 new × 84% good × 1.44 allocation
- $2,500
Decks & porches (attached)default
$2,200 new × 80% good × 1.44 allocation
- $326,100
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$243,100 new × 93% good × 1.44 allocation
- $33,400
Building plumbing & fixturesdefault
$25,200 new × 92% good × 1.44 allocation
- $33,900
Building electrical & lightingdefault
$25,700 new × 92% good × 1.44 allocation
- $29,000
HVACdefault
$25,200 new × 80% good × 1.44 allocation
- $11,600
Hardwood & tile floorsdefault
$9,600 new × 84% good × 1.44 allocation
- $3,200
Fireplacelisting
$2,600 new × 84% good × 1.44 allocation
- $14,500
Septic systemlisting
$12,000 new × 84% good × 1.44 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $77,400 | $22,800 | $500 | $100,600 |
| 2 | $0 | $0 | $11,600 | $11,600 |
| 3 | $0 | $0 | $11,600 | $11,600 |
| 4 | $0 | $0 | $11,600 | $11,600 |
| 5 | $0 | $0 | $11,600 | $11,600 |
| 6+ | $0 | $0 | $404,900 | $404,900 |
| Total | $77,400 | $22,800 | $451,700 | $551,800 |
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.