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Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium

63 Bushy Head Rd

63 Bushy Head Rd

Cherry Log, GA 30522

$524,900

3 bd · 3 ba · Listed 64d ago

View on Realtor.com →
Negative cash flow

Year built

2007

Sqft

—

Lot sqft

64,469

HOA / mo

None

Furnished

Yes

List date

2026-09-09T11:51:34.000000Z

Revenue

Annual revenue

$39,682

ADR

$235

Occupancy

46%

Cleaning fees (12 mo)

$8,787

Confidence

Med (60.58), 31 comps

Comp revenue range (p25 / median / p75)

$31,709$44,679$51,522

Median revenue of shown comps: $44,520

  • Game Room & Hot Tub: Cabin 9 Mi to Blue Ridge!

    Cabin · 3 bd · 3 ba · sleeps 7 · 69 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $26,650ADR $240Occ ≈ 30%4.8★ (17)

    AirbnbVrboBooking

  • Black Bear Lodge | Cherry Log, Ga

    Cabin · 3 bd · 3 ba · sleeps 8 · 486 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $41,063ADR $295Occ ≈ 38%5★ (2)

    AirbnbVrbo

  • Majestic Peace Mountainside

    Cabin · 3 bd · 4 ba · sleeps 8 · 0.1 mi

    Revenue $32,715ADR $315Occ ≈ 28%5★ (51)

    Airbnb

  • 15% Off Summer Sale—Discount Already Applied!

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $36,680ADR $228Occ ≈ 44%4.5★ (18)

    AirbnbVrboBooking

  • Serenity Summit:Hot tub | Fire pit | Amazing Views

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $30,636ADR $198Occ ≈ 42%5★ (182)

    AirbnbVrbo

  • Painted Skies | Mtn View | Hot Tub | Fire Pit

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.3 mi

    Revenue $6,813ADR $358Occ ≈ 5%—

    Delisted

  • MTN Views! Private Cabin | Hot Tub, Fireplace

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $55,932ADR $243Occ ≈ 63%5★ (54)

    AirbnbVrbo

  • Private, Peaceful Getaway!

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $50,788ADR $2,492Occ ≈ 6%4.9★ (78)

    Delisted

  • Summer escape! Creek View! Hot Tub! 4 Fireplaces

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $42,308ADR $299Occ ≈ 39%5★ (86)

    AirbnbVrbo

  • Private Modern Lodge | Views, Hot Tub, Trails

    Cabin · 3 bd · 3.5 ba · sleeps 6 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +6

    Revenue $50,676ADR $272Occ ≈ 51%5★ (35)

    AirbnbVrbo

Show 21 more
  • Rustic Ridge -mountain view, hot tub, pool table

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $49,811ADR $270Occ ≈ 51%4.8★ (27)

    AirbnbVrboBooking

  • A Walk in the Clouds: Views & Hot Tub

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $45,521ADR $307Occ ≈ 41%4.2★ (4)

    AirbnbVrboBooking

  • 🐦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 $51,129ADR $294Occ ≈ 48%5★ (280)

    Vrbo

  • Family Mountain Cabin: Hot Tub, Games, Large Decks

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $24,694ADR $215Occ ≈ 31%5★ (16)

    AirbnbVrbo

  • Hot Tub · Arcade Loft · Fire Pit · Wooded Cabin

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $66,064ADR $264Occ ≈ 69%5★ (166)

    AirbnbVrbo

  • A River Runs Through It-sits on the creek, hot tub

    Cabin · 3 bd · 2.5 ba · sleeps 7 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $62,113ADR $301Occ ≈ 57%4.8★ (32)

    AirbnbVrboBooking

  • Blue Fox Retreat, Pet friendly, Hot tub, MTN View

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $46,757ADR $232Occ ≈ 55%4.9★ (26)

    AirbnbVrbo

  • The Blue Fox Retreat

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.5 mi

    Revenue $17,857ADR $0Occ ≈ —5★ (25)

    Airbnb

  • Laughing Waters-on Fighting Town Creek, hot tub

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $44,520ADR $272Occ ≈ 45%4.8★ (45)

    AirbnbVrboBooking

  • 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 $12,294ADR $279Occ ≈ 12%5★ (8)

    Vrbo

  • Bear Holler

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $45,101ADR $184Occ ≈ 67%4.8★ (132)

    AirbnbVrbo

  • Sunset Vista-Hot Tub-Wood Burning Fireplace

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $56,659ADR $205Occ ≈ 76%4.9★ (319)

    AirbnbVrbo

  • Laughing Water | 3BR Cabin in Cherry Log, GA

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $16,911ADR $256Occ ≈ 18%5★ (2)

    Delisted

  • Whispering Creek & Hot Tub | Game Room

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $52,701ADR $266Occ ≈ 54%5★ (237)

    AirbnbVrbo

  • Views, Hot Tub, Movie Theater, Pool Table, Arcade!

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $12,028ADR $293Occ ≈ 11%5★ (6)

    Airbnb

  • Fish Camp Cabin! Outdoor Game Barn, Hot Tub, Firepit! on Fightingtown Creek!

    House · 3 bd · 2 ba · sleeps 6 · 0.6 mi

    Revenue $44,837ADR $485Occ ≈ 25%4.9★ (15)

    Delisted

  • Leaf Season•Family Cabin•Hot Tub•FirePit•Gameroom

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.7 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $32,067ADR $231Occ ≈ 38%5★ (101)

    AirbnbVrbo

  • Secluded Cabin, Epic Mountain Views, Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $38,065ADR $211Occ ≈ 49%4.9★ (196)

    AirbnbVrbo

  • Creekfront Retreat | Hot Tub, Game Barn & Fire Pit

    House · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $40,587ADR $296Occ ≈ 38%5★ (22)

    Airbnb

  • Creek Access | Game Barn | Hot Tub | Fire Pit!

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $54,350ADR $317Occ ≈ 47%5★ (21)

    AirbnbVrbo

  • Fightingtown Trout Haven Retreat @ *Cashes Valley*

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.7 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $69,278ADR $285Occ ≈ 67%5★ (19)

    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

Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium

Est. revenue

$39,682

NOI

$17,082

Cash flow /mo

-$1,446

Cash needed

$152,221

Cash-on-cash

-11.4%

ROE (yr 1)

1.1%

Cap rate

3.3%

DSCR

0.50

Year-1 write-off

$87,396

Year-1 tax shield @ 32%

$27,967

Year-1 return on equity

  • Cash flow (annual)-$17,352
  • Principal paydown$3,335
  • Appreciation at%$15,747
ROE1.1%

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)$7,936
  • Platform fees (3% of revenue)$1,190
  • Maintenance / capex (5% of revenue)$1,984
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$1,699
  • Insurance (STR-rated)$5,590

Cash needed to close

  • Down payment (25%)$131,225
  • Closing costs (4.0%)$20,996
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$27,967

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

$506,000

Short-life (5/15-yr)

$86,000 · 17%

Year-1 deduction

$87,000

Year-1 tax shield @ 32%

$28,000

Land 4% (county tax record, market value split) · building $420,000 over 39 years

Based on: ~1,900 sq ft (from beds), built 2007, 3 bd / 3 ba, furnished, listing features (hot tub, game room, fireplace, 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 (13% short-life, $21,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$67,000
  • Kitchen cabinetsdefault

    $10,000 new × 40% good × 2.22 allocation

    $8,900
  • Kitchen countertopsdefault

    $8,200 new × 40% good × 2.22 allocation

    $7,300
  • Decorative trimdefault

    $3,300 new × 40% good × 2.22 allocation

    $3,000
  • Mirrorsdefault

    $500 new × 40% good × 2.22 allocation

    $400
  • Shelvingdefault

    $1,200 new × 40% good × 2.22 allocation

    $1,100
  • Window coverings (19)default

    $4,800 new × 40% good × 2.22 allocation

    $4,200
  • Kitchen & laundry equipment plumbingdefault

    $7,800 new × 62% good × 2.22 allocation

    $10,700
  • Kitchen, laundry & data equipment electricaldefault

    $4,700 new × 62% good × 2.22 allocation

    $6,500
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 2.22 allocation

    $6,900
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.22 allocation

    $8,000
  • Furniture conveyed with the sale (used)listing

    $19,500 new × 40% good · out of the price

    $7,800
  • Game-room equipment (used)listing

    $6,000 new × 40% good · out of the price

    $2,400
15-year land improvements$19,100
  • Paving: driveway & walks (paved)default

    $9,000 new × 50% good × 2.22 allocation

    $10,100
  • Landscaping (minimal)listing

    $4,300 new × 50% good × 2.22 allocation

    $4,800
  • Patiosdefault

    $1,900 new × 50% good × 2.22 allocation

    $2,100
  • Decks & porches (attached)default

    $1,900 new × 50% good × 2.22 allocation

    $2,100
Building, 39-year$420,000
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $206,000 new × 68% good × 2.22 allocation

    $313,100
  • Building plumbing & fixturesdefault

    $21,400 new × 62% good × 2.22 allocation

    $29,500
  • Building electrical & lightingdefault

    $21,400 new × 62% good × 2.22 allocation

    $29,500
  • HVACdefault

    $21,400 new × 40% good × 2.22 allocation

    $19,000
  • Hardwood & tile floorsdefault

    $12,200 new × 40% good × 2.22 allocation

    $10,900
  • Fireplaces (2)listing

    $5,300 new × 40% good × 2.22 allocation

    $4,700
  • Septic systemlisting

    $12,000 new × 50% good × 2.22 allocation

    $13,300

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$67,000$19,100$1,300$87,400
2$0$0$10,800$10,800
3$0$0$10,800$10,800
4$0$0$10,800$10,800
5$0$0$10,800$10,800
6+$0$0$375,500$375,500
Total$67,000$19,100$420,000$506,000

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.