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58 River Rd

58 River Rd

Cherry Log, GA 30522

$774,900

5 bd · 3.5 ba · 3,538 sqft · Listed 29d ago

View on Realtor.com →
Low confidence

Year built

1998

Sqft

3,538

Lot sqft

46,174

HOA / mo

$122

Furnished

No

List date

2026-08-29T03:38:01.000000Z

Revenue

Annual revenue

$59,768

ADR

$439

Occupancy

37%

Cleaning fees (12 mo)

$10,954

Confidence

Low (25), 13 comps

Comp revenue range (p25 / median / p75)

$43,266$66,210$149,917

  • Hazy Hideaway: River Views, Hot Tub & Game Rm

    Cabin · 5 bd · 3.5 ba · sleeps 10 · 3 ft

    Revenue $27,528ADR $450Occ ≈ 17%4.6★ (23)

    AirbnbVrboBooking

  • Luxury Mountain Home w/ Hot Tub & Firepit

    Cabin · 4 bd · 3.5 ba · sleeps 8 · 177 ft

    Revenue $61,974ADR $497Occ ≈ 34%4.7★ (3)

    AirbnbVrboBooking

  • A Stoney River - Cherry Log, GA - Enjoy Scenic River Views, Soak in the Hot Tub, Challenge Friends in the Arcade, and Rack Up a

    Vacation home · 6 bd · 4 ba · sleeps 12 · 266 ft

    Revenue $227,603ADR $856Occ ≈ 73%—

    Booking

  • A Stoney River - Cherry Log, GA - Goose Island

    Cabin · 6 bd · 3.5 ba · sleeps 12 · 279 ft

    Revenue $149,917ADR $713Occ ≈ 58%4.8★ (59)

    AirbnbVrbo

  • Doc & Molly`s | Cherry Log, Ga

    Cabin · 4 bd · 3.5 ba · sleeps 8 · 420 ft

    Revenue $43,266ADR $517Occ ≈ 23%5★ (8)

    AirbnbVrbo

  • HotTub | Kids Zip Line | 4 BR/3 B | Slps 12 | Gym

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.1 mi

    Revenue $20,015ADR $303Occ ≈ 18%5★ (84)

    AirbnbVrbo

  • Harry's Hideaway | River Access-Game Room-Hot Tub

    Cabin · 4 bd · 3.5 ba · sleeps 10 · 0.1 mi

    Revenue $63,457ADR $364Occ ≈ 48%4.8★ (81)

    AirbnbVrbo

  • Beautiful Riverfront Cabin in Blue Ridge, GA

    Cabin · 4 bd · 3.5 ba · sleeps 14 · 0.3 mi

    Revenue $108,200ADR $674Occ ≈ 44%5★ (101)

    AirbnbVrbo

  • Pet- Friendly Spacious Cabin w/Game Room & Hot Tub

    Cabin · 4 bd · 3.5 ba · sleeps 9 · 0.4 mi

    Revenue $66,210ADR $345Occ ≈ 53%5★ (34)

    AirbnbVrbo

  • Blue Ridge Cabin w/ Hot Tub, Fire Pit, & Game Room

    Cabin · 4 bd · 2.5 ba · sleeps 10 · 0.4 mi

    Revenue $32,535ADR $264Occ ≈ 34%4.8★ (74)

    AirbnbVrboBooking

Show all 13 comps

  • River Joy Lodge - Cherry Log, Ga- Goose Island

    Cabin · 5 bd · 4.5 ba · sleeps 16 · 0.4 mi

    Revenue $238,409ADR $943Occ ≈ 69%5★ (43)

    AirbnbVrboBooking

  • Unbelievable Views | 6BR Completely Private Cabin

    House · 6 bd · 4.5 ba · sleeps 16 · 0.6 mi

    Revenue $150,825ADR $691Occ ≈ 60%4.8★ (87)

    AirbnbVrbo

  • WaterView Cabin! -GameRoom-Fire pit!

    Cabin · 5 bd · 3 ba · sleeps 10 · 0.8 mi

    Revenue $78,835ADR $353Occ ≈ 61%4.7★ (190)

    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

Financing

Est. revenue

$59,768

NOI

$24,237

Cash flow /mo

$2,020

Cash needed

$832,396

Cash-on-cash (all cash)

2.9%

ROE (yr 1)

5.7%

Cap rate

3.1%

DSCR

—

Year-1 write-off

$140,649

Year-1 tax shield @ 32%

$45,008

Year-1 return on equity

  • Cash flow (annual)$24,237
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$23,247
ROE5.7%
ROE incl. year-1 tax savings (32% bracket, STR loophole)11.1%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$11,954
  • Platform fees (3% of revenue)$1,793
  • Maintenance / capex (5% of revenue)$2,988
  • Utilities & supplies$4,200
  • HOA$1,464
  • Property tax$4,763
  • Insurance (STR-rated)$8,369

Cash needed to close

  • Purchase price (all cash)$774,900
  • Closing costs (4.0%)$30,996
  • Furnishing (bought new)$26,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$45,008

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

$624,000

Short-life (5/15-yr)

$111,000 · 18%

Year-1 deduction

$141,000

Year-1 tax shield @ 32%

$45,000

Land 19% (county tax record, market value split) · building $513,000 over 39 years · new furniture $27,000

Based on: 3,538 sq ft, built 1998, 5 bd / 3.5 ba, unfurnished, listing features (hot tub, patio, fence, fireplace, flooring types, appliance list, septic).

IRS-guide safe-harbor floor: $112,000 in year 1 (13% short-life, $36,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$90,800

  • Kitchen cabinetsdefault

    $13,600 new × 40% good × 1.90 allocation

    $10,300

  • Kitchen countertopsdefault

    $11,100 new × 40% good × 1.90 allocation

    $8,400

  • Decorative trimdefault

    $6,200 new × 40% good × 1.90 allocation

    $4,700

  • Mirrorsdefault

    $500 new × 40% good × 1.90 allocation

    $300

  • Shelvingdefault

    $1,800 new × 40% good × 1.90 allocation

    $1,400

  • Window coverings (35)default

    $8,800 new × 40% good × 1.90 allocation

    $6,600

  • Carpet, vinyl & laminate (33% of floors)listing

    $7,600 new × 40% good × 1.90 allocation

    $5,800

  • Kitchen & laundry equipment plumbingdefault

    $10,500 new × 44% good × 1.90 allocation

    $8,800

  • Kitchen, laundry & data equipment electricaldefault

    $6,400 new × 44% good × 1.90 allocation

    $5,300

  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 1.90 allocation

    $5,800

  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 1.90 allocation

    $6,800

  • Furniture bought newlisting

    $26,500 new × 100% good · bought separately

    $26,500
15-year land improvements$47,100

  • Paving: driveway & walks (paved)default

    $12,300 new × 50% good × 1.90 allocation

    $11,700

  • Landscaping (typical)default

    $11,900 new × 50% good × 1.90 allocation

    $11,300

  • Patioslisting

    $15,900 new × 50% good × 1.90 allocation

    $15,100

  • Decks & porches (attached)default

    $3,500 new × 50% good × 1.90 allocation

    $3,300

  • Fencinglisting

    $6,000 new × 50% good × 1.90 allocation

    $5,700
Building, 39-year$512,700

  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $384,300 new × 53% good × 1.90 allocation

    $389,000

  • Building plumbing & fixturesdefault

    $39,900 new × 44% good × 1.90 allocation

    $33,300

  • Building electrical & lightingdefault

    $42,100 new × 44% good × 1.90 allocation

    $35,200

  • HVACdefault

    $39,900 new × 40% good × 1.90 allocation

    $30,300

  • Hardwood & tile floorsdefault

    $15,200 new × 40% good × 1.90 allocation

    $11,500

  • Fireplacelisting

    $2,600 new × 40% good × 1.90 allocation

    $2,000

  • Septic systemlisting

    $12,000 new × 50% good × 1.90 allocation

    $11,400

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$90,800$47,100$2,700$140,600
2$0$0$13,100$13,100
3$0$0$13,100$13,100
4$0$0$13,100$13,100
5$0$0$13,100$13,100
6+$0$0$457,400$457,400
Total$90,800$47,100$512,700$650,600

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.