200 Plantation Ln
Blue Ridge, GA 30513
$750,000
4 bd · 3 ba · 3,900 sqft · Listed 1d ago
View on Realtor.com →Year built
2009
Sqft
3,900
Lot sqft
136,343
HOA / mo
None
Furnished
Yes
List date
2026-10-22T19:53:50.000000Z
Revenue
Annual revenue
$51,998
ADR
$309
Occupancy
46%
Cleaning fees (12 mo)
$9,356
Confidence
Med (56.07), 15 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $57,638
Large cabin with 2 queen bedrooms on main floor.
House · 4 bd · 3 ba · sleeps 10 · 0.2 mi
Revenue $26,120ADR $324Occ ≈ 22%4.8★ (6)
Luxe Blue Ridge Getaway-Sauna, Gym, Sleep 12
Cabin · 4 bd · 3 ba · sleeps 12 · 0.3 mi
Revenue $38,253ADR $550Occ ≈ 19%4.9★ (12)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Large cabin with 2 queen bedrooms on main floor. House | 4 bd · 3 ba · sleeps 10 | $26,120 | $324 | 22% | 4.8★ (6) | 0.2 mi | Airbnb |
4 Kings| No Bunks| Serene Views| Sauna| EV| Pets Cabin | 4 bd · 4 ba · sleeps 10 | $106,349 | $523 | 56% | 5★ (146) | 0.3 mi | AirbnbVrbo |
Luxe Blue Ridge Getaway-Sauna, Gym, Sleep 12 Cabin | 4 bd · 3 ba · sleeps 12 | $38,253 | $550 | 19% | 4.9★ (12) | 0.3 mi | Airbnb |
Fox Run Lodge- Hot Tub, Pool Table, Fire Pit Cabin | 4 bd · 3.5 ba · sleeps 10 | $57,606 | $319 | 49% | 4.5★ (16) | 0.4 mi | AirbnbVrboBooking |
Creekside Cabin w/ Hot Tub & Decks Cabin | 4 bd · 3 ba · sleeps 10 | $57,670 | $284 | 56% | 5★ (44) | 0.4 mi | AirbnbVrbo |
Sunrock Mountain Dream II ~ Fire pit, pool tbl Cabin | 4 bd · 3.5 ba · sleeps 12 | $44,911 | $477 | 26% | 4.9★ (68) | 0.5 mi | AirbnbVrbo |
Carpe Diem- Pet Friendly, Long Range Views, HotTub Cabin | 4 bd · 4 ba · sleeps 10 | $69,905 | $466 | 41% | 4.5★ (33) | 0.6 mi | AirbnbVrboBooking |
4BR Luxe Woodland Retreat w/ Hot Tub & Fire Pit Cabin
| 4 bd · 4 ba · sleeps 12 | $80,663 | $420 | 53% | 5★ (105) | 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 8.07% = 7.32% Freddie Mac 30-yr avg (Oct 22) + 0.75% investor premium
Est. revenue
$51,998
NOI
-$705,433
Cash flow /mo
-$62,941
Cash needed
$217,500
Cash-on-cash
-347.3%
ROE (yr 1)
-334.8%
Cap rate
-94.1%
DSCR
-14.15
Year-1 write-off
$97,162
Year-1 tax shield @ 32%
$31,092
Year-1 return on equity
- Cash flow (annual)-$755,292
- Principal paydown$4,634
- Appreciation at%$22,500
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)$10,400
- Platform fees (3% of revenue)$1,560
- Maintenance / capex (5% of revenue)$2,600
- Utilities & supplies$4,200
- HOA$0
- Property tax$730,684
- Insurance (STR-rated)$7,988
Cash needed to close
- Down payment (25%)$187,500
- Closing costs (4.0%)$30,000
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$31,092
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
$598,000
Short-life (5/15-yr)
$97,000 · 16%
Year-1 deduction
$97,000
Year-1 tax shield @ 32%
$31,000
Land 21% (county tax record, market value split) · building $502,000 over 39 years
Based on: 3,900 sq ft, built 2009, 4 bd / 3 ba, furnished, listing features (deck, 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: $51,000 in year 1 (8% short-life, $16,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $7,200
Kitchen cabinetsdefault
$14,300 new × 40% good × 1.26 allocation
- $7,400
Kitchen countertops (stone)listing
$14,700 new × 40% good × 1.26 allocation
- $3,400
Decorative trimdefault
$6,800 new × 40% good × 1.26 allocation
- $200
Mirrorsdefault
$500 new × 40% good × 1.26 allocation
- $800
Shelvingdefault
$1,500 new × 40% good × 1.26 allocation
- $4,900
Window coverings (39)default
$9,800 new × 40% good × 1.26 allocation
- $9,300
Kitchen & laundry equipment plumbingdefault
$11,200 new × 66% good × 1.26 allocation
- $5,600
Kitchen, laundry & data equipment electricaldefault
$6,700 new × 66% good × 1.26 allocation
- $4,100
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)listing
$8,100 new × 40% good × 1.26 allocation
- $9,200
Furniture conveyed with the sale (used)listing
$23,000 new × 40% good · out of the price
- $2,400
Game-room equipment (used)listing
$6,000 new × 40% good · out of the price
- $8,200
Paving: driveway & walks (paved)default
$12,900 new × 50% good × 1.26 allocation
- $3,900
Landscaping (minimal)listing
$6,200 new × 50% good × 1.26 allocation
- $2,400
Patiosdefault
$3,900 new × 50% good × 1.26 allocation
- $27,600
Decks & porches (attached)listing
$43,900 new × 50% good × 1.26 allocation
- $382,800
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$424,200 new × 72% good × 1.26 allocation
- $36,600
Building plumbing & fixturesdefault
$44,000 new × 66% good × 1.26 allocation
- $38,800
Building electrical & lightingdefault
$46,700 new × 66% good × 1.26 allocation
- $22,100
HVACdefault
$43,900 new × 40% good × 1.26 allocation
- $12,600
Hardwood & tile floorsdefault
$25,100 new × 40% good × 1.26 allocation
- $1,300
Fireplacelisting
$2,600 new × 40% good × 1.26 allocation
- $7,600
Septic systemlisting
$12,000 new × 50% good × 1.26 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $54,500 | $42,100 | $500 | $97,200 |
| 2 | $0 | $0 | $12,900 | $12,900 |
| 3 | $0 | $0 | $12,900 | $12,900 |
| 4 | $0 | $0 | $12,900 | $12,900 |
| 5 | $0 | $0 | $12,900 | $12,900 |
| 6+ | $0 | $0 | $449,800 | $449,800 |
| Total | $54,500 | $42,100 | $501,800 | $598,400 |
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.