STR Yield
← Back to deals

Rate 7.99% = 7.24% Freddie Mac 30-yr avg (Oct 29) + 0.75% investor premium

2819 Saint Charles Pl

2819 Saint Charles Pl

Pigeon Forge, TN 37863

$675,000

3 bd · 2 ba · 2,309 sqft · Listed 1d ago

View on Realtor.com →
Negative cash flow

Year built

1997

Sqft

2,309

Lot sqft

35,719

HOA / mo

None

Furnished

No

List date

2026-10-29T23:27:51.000000Z

Revenue

Annual revenue

$58,411

ADR

$271

Occupancy

59%

Cleaning fees (12 mo)

$11,670

Confidence

Med (58.14), 50 comps

Comp revenue range (p25 / median / p75)

$41,910$53,530$71,258

Median revenue of shown comps: $54,301

  • Quintessential Cabin/one mile to Pkwy/NO PETS!

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.1 mi

    Revenue $59,586ADR $248Occ ≈ 66%4.9★ (270)

    Airbnb

  • Cute & Cozy Cabin, Hot Tub, 2 Master Suites, Wood Fire Pit, Close to Parkway!

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.2 mi

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

    Revenue $70,483ADR $262Occ ≈ 74%5★ (247)

    Vrbo

  • 3BR 2BA 1 MI to Parkway Hot Tub & Pool Access!

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.2 mi

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

    Revenue $44,034ADR $241Occ ≈ 50%3.8★ (32)

    AirbnbVrboBooking

  • 3BR 2BA 1 MI to Parkway Hot Tub & Pool Access!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

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

    Revenue $56,552ADR $293Occ ≈ 53%4.2★ (38)

    AirbnbVrboBooking

  • Ideal Location! Pool & Hot Tub•10% First Responder

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.2 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $84,273ADR $440Occ ≈ 52%4.9★ (210)

    AirbnbVrboBooking

  • Rustic Black Bear Cabin

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $61,155ADR $146Occ ≈ 100%4.5★ (43)

    AirbnbBooking

  • Stunning Treehouse in PigeonFo,32withFreeTicketstoDollywood,Anakeesta,Ziplining,Aquarium

    Chalet · 3 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $26,949ADR $348Occ ≈ 21%—

    Booking

  • 4 min to parkway-Hot Tub-screened in porch-Sleep 6

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.2 mi

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

    Revenue $25,765ADR $242Occ ≈ 29%4.5★ (106)

    AirbnbVrboBooking

  • Mountain Retreat with Perfect for Groups in Pigeon Forge, Tennesee

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.2 mi

    Revenue $44,831ADR $496Occ ≈ 25%—

    Booking

  • Fall Colors. Hot Tub. Close to Island.

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi

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

    Revenue $80,520ADR $306Occ ≈ 72%5★ (274)

    AirbnbVrbo

Show 32 more
  • 5 min to the parkway*hot tub*games*quiet*cozy

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $74,733ADR $286Occ ≈ 72%5★ (96)

    Airbnb

  • HatsHideaway/Family Cabin/Hot Tub/Near Attractions

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

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

    Revenue $47,936ADR $273Occ ≈ 48%4.9★ (245)

    AirbnbVrbo

  • 3BR 2BA 1 MI to Parkway Pool Table & Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.2 mi

    Revenue $47,225ADR $305Occ ≈ 42%4.2★ (27)

    AirbnbVrboBooking

  • Firefly Holler by Beyond Expectations w Hot Tub

    Vacation home · 3 bd · 3 ba · sleeps 6 · 0.3 mi

    Revenue $56,823ADR $321Occ ≈ 48%4.3★ (6)

    Booking

  • Scenic Pigeon Forge Cabin w/ Hot Tub & EV Charger

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.3 mi

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

    Revenue $52,050ADR $287Occ ≈ 50%4.5★ (13)

    AirbnbVrbo

  • Relaxing 3BD Cabin Near TOWN! Hot Tub + Fireplace!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $57,574ADR $266Occ ≈ 59%4.8★ (25)

    AirbnbVrbo

  • Modern Chalet| Heated Pool | Pet Friendly |Hot Tub

    House · 3 bd · 3 ba · sleeps 8 · 0.3 mi

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

    Revenue $72,907ADR $384Occ ≈ 52%4.8★ (45)

    AirbnbVrbo

  • The Cozy Crest w Private Pool n Hot Tub

    House · 3 bd · 3 ba · sleeps 10 · 0.3 mi

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

    Revenue $97,447ADR $449Occ ≈ 59%4.7★ (7)

    AirbnbVrbo

  • The Cozy Crest w Private Pool n Hot Tub

    Vacation home · 3 bd · 3 ba · sleeps 10 · 0.3 mi

    Revenue $83,997ADR $364Occ ≈ 63%—

    Booking

  • Tuck Away Townhouse by Avada Properties

    Vacation home · 3 bd · 2 ba · sleeps 9 · 0.3 mi

    Revenue $35,125ADR $143Occ ≈ 67%—

    Booking

  • Chic Spacious Cabin with Hot Tub, BBQ near Parkway

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $41,955ADR $242Occ ≈ 47%4.7★ (132)

    AirbnbVrbo

  • Low Rates/Modern Cabin close to Pkwy Hot Tub/Game

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi

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

    Revenue $36,647ADR $252Occ ≈ 40%4.8★ (124)

    AirbnbVrbo

  • Fall Sale!Hot Tub·Arcade·New + Modern·5 Min to Par

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi

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

    Revenue $73,377ADR $331Occ ≈ 61%5★ (178)

    AirbnbVrbo

  • ER43 Cozy 3BR Cabin w/ HotTub, Arcade & PoolAccess

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.3 mi

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

    Revenue $97,772ADR $356Occ ≈ 75%3.7★ (3)

    AirbnbVrbo

  • Family Getaway - Soothing Soaks & Crackling Fires

    House · 3 bd · 3 ba · sleeps 10 · 0.3 mi

    Revenue $51,199ADR $343Occ ≈ 41%4.3★ (6)

    AirbnbVrboBooking

  • Chic Spacious Cabin with Hot Tub, BBQ near Parkway

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $41,895ADR $268Occ ≈ 43%4.4★ (15)

    AirbnbVrboBooking

  • Sweet Serenity

    Vacation home · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $1,217ADR $165Occ ≈ 2%—

    Booking

  • Location! Near attractions! Pet friendly! Hot Tub!

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.3 mi

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

    Revenue $49,360ADR $256Occ ≈ 53%4.8★ (174)

    AirbnbVrbo

  • Cozy Family Cabin w/ Hot Tub ~ 4 Mi to Dollywood!

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi

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

    Revenue $49,884ADR $249Occ ≈ 55%4.5★ (165)

    AirbnbVrboBooking

  • Great Pigeon Forge Location! Hot Tub! 3BR/2BA

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

    Revenue $69,137ADR $234Occ ≈ 81%4.6★ (612)

    AirbnbVrbo

  • Smoky Fall Escape | Dollywood • Games • Pets OK

    House · 3 bd · 3 ba · sleeps 9 · 0.3 mi

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

    Revenue $65,655ADR $304Occ ≈ 59%5★ (50)

    Airbnb

  • Cozy 3BR Cabin•Bunk Bed Tent Room•1.5mi to Parkway

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $16,724ADR $250Occ ≈ 18%5★ (17)

    AirbnbVrbo

  • *Indoor Salt Heated Pool*HotTub*Games*BBQ

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

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

    Revenue $71,285ADR $321Occ ≈ 61%5★ (131)

    Airbnb

  • 1.5 Mile to Pkwy! HotTub, Game Room, Wi-Fi, Grill

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $71,178ADR $330Occ ≈ 59%4.9★ (165)

    AirbnbVrbo

  • *Stunning 3BDR Cabin w/ Hot Tub! Close to TOWN!*

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi

    Revenue $75,671ADR $295Occ ≈ 70%4.9★ (76)

    Airbnb

  • Fox's Den, Free Tickets, Arcade Game, Hot Tub,

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.3 mi

    Revenue $51,678ADR $253Occ ≈ 56%4.6★ (67)

    AirbnbVrboBooking

  • Bit & Bridle Cabin by American Patriot Getaways

    Vacation home · 3 bd · 3 ba · sleeps 6 · 0.3 mi

    Revenue $75,227ADR $320Occ ≈ 64%—

    Booking

  • 2.6 mi Dollywood, Modern Cabin w/ Hot Tub + Games

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi

    Revenue $6,261ADR $347Occ ≈ 5%5★ (1)

    Airbnb

  • Marigold | Hot Tub + Game Room | Near Dollywood

    House · 3 bd · 3 ba · sleeps 8 · 0.3 mi

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

    Revenue $24,462ADR $273Occ ≈ 25%4.5★ (7)

    AirbnbVrbo

  • Cozy Oaks | Pet Friendly, 1 Mile to Parkway

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi

    Revenue $32,735ADR $273Occ ≈ 33%4.9★ (7)

    AirbnbVrbo

  • Modern retreat near Dollywood & The Island

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.4 mi

    Revenue $17,148ADR $270Occ ≈ 17%5★ (9)

    AirbnbVrbo

  • 579: NEW|2 Main Level Suites|HotTub|Kid's Room|W/D

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.4 mi

    Revenue $67,108ADR $268Occ ≈ 69%5★ (45)

    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 7.99% = 7.24% Freddie Mac 30-yr avg (Oct 29) + 0.75% investor premium

Est. revenue

$58,411

NOI

$32,154

Cash flow /mo

-$1,032

Cash needed

$215,250

Cash-on-cash

-5.8%

ROE (yr 1)

5.6%

Cap rate

4.8%

DSCR

0.72

Year-1 write-off

$122,623

Year-1 tax shield @ 32%

$39,239

Year-1 return on equity

  • Cash flow (annual)-$12,380
  • Principal paydown$4,237
  • Appreciation at%$20,250
ROE5.6%

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)$11,682
  • Platform fees (3% of revenue)$1,752
  • Maintenance / capex (5% of revenue)$2,921
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$1,652
  • Insurance (STR-rated)$4,050

Cash needed to close

  • Down payment (25%)$168,750
  • Closing costs (4.0%)$27,000
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$39,239

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

$558,000

Short-life (5/15-yr)

$103,000 · 18%

Year-1 deduction

$123,000

Year-1 tax shield @ 32%

$39,000

Land 17% (county tax record, market value split) · building $456,000 over 39 years · new furniture $20,000

Based on: 2,309 sq ft, built 1997, 3 bd / 2 ba, unfurnished, listing features (patio, fireplace, flooring types, appliance list, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $92,000 in year 1 (13% short-life, $29,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$84,300
  • Kitchen cabinetsdefault

    $10,900 new × 40% good × 2.76 allocation

    $12,000
  • Kitchen countertopsdefault

    $8,900 new × 40% good × 2.76 allocation

    $9,800
  • Decorative trimdefault

    $4,000 new × 40% good × 2.76 allocation

    $4,500
  • Mirrorsdefault

    $300 new × 40% good × 2.76 allocation

    $300
  • Shelvingdefault

    $1,200 new × 40% good × 2.76 allocation

    $1,300
  • Window coverings (23)default

    $5,800 new × 40% good × 2.76 allocation

    $6,300
  • Carpet, vinyl & laminate (67% of floors)listing

    $9,900 new × 40% good × 2.76 allocation

    $10,900
  • Kitchen & laundry equipment plumbingdefault

    $8,500 new × 42% good × 2.76 allocation

    $9,800
  • Kitchen, laundry & data equipment electricaldefault

    $5,100 new × 42% good × 2.76 allocation

    $5,900
  • Appliances (range, microwave, dishwasher)listing

    $3,500 new × 40% good × 2.76 allocation

    $3,900
  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
15-year land improvements$37,800
  • Paving: driveway & walks (paved)default

    $10,000 new × 50% good × 2.76 allocation

    $13,700
  • Landscaping (minimal)listing

    $4,800 new × 50% good × 2.76 allocation

    $6,600
  • Patioslisting

    $10,400 new × 50% good × 2.76 allocation

    $14,300
  • Decks & porches (attached)default

    $2,300 new × 50% good × 2.76 allocation

    $3,100
Building, 39-year$455,700
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $250,800 new × 52% good × 2.76 allocation

    $357,700
  • Building plumbing & fixturesdefault

    $26,000 new × 42% good × 2.76 allocation

    $30,100
  • Building electrical & lightingdefault

    $26,500 new × 42% good × 2.76 allocation

    $30,800
  • HVACdefault

    $26,000 new × 40% good × 2.76 allocation

    $28,700
  • Hardwood & tile floorsdefault

    $5,000 new × 40% good × 2.76 allocation

    $5,500
  • Fireplacelisting

    $2,600 new × 40% good × 2.76 allocation

    $2,900

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$84,300$37,800$500$122,600
2$0$0$11,700$11,700
3$0$0$11,700$11,700
4$0$0$11,700$11,700
5$0$0$11,700$11,700
6+$0$0$408,400$408,400
Total$84,300$37,800$455,700$577,800

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

STR allowed in most of Sevier County; inside Gatlinburg city limits only in overnight-rental zones.