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Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium

1016 Rast Ct

1016 Rast Ct

Gatlinburg, TN 37738

$599,900

2 bd · 3 ba · 2,238 sqft · Listed today

View on Realtor.com →
Negative cash flow

Year built

1995

Sqft

2,238

Lot sqft

30,056

HOA / mo

$230

Furnished

No

List date

2026-10-02T10:16:01.000000Z

Revenue

Annual revenue

$50,709

ADR

$220

Occupancy

63%

Cleaning fees (12 mo)

$10,184

Confidence

Med (52.32), 49 comps

Comp revenue range (p25 / median / p75)

$35,023$45,572$58,461
  • Mountain views, hot tub, and heart shaped jacuzzi in a cozy 2BR!

    Chalet · 2 bd · 2 ba · sleeps 4 · 138 ft

    Revenue $31,715ADR $176Occ ≈ 49%—

    Booking

  • Modern Mt LeConte View Cabin • Hot Tub + Spa Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 240 ft

    Revenue $25,340ADR $264Occ ≈ 26%5★ (27)

    AirbnbVrbo

  • Rustic-Chic Escape w/ Fireplace & Rocking Chairs

    House · 2 bd · 2 ba · sleeps 4 · 302 ft

    Revenue $63,519ADR $225Occ ≈ 77%4.7★ (70)

    AirbnbVrboBooking

  • Mountain View Cabin for Couples | HotTub+Fireplace

    Cabin · 2 bd · 2 ba · sleeps 6 · 322 ft

    Revenue $68,550ADR $272Occ ≈ 69%5★ (143)

    AirbnbVrbo

  • Mountain views, hot tub, & great deck space!

    Cabin · 2 bd · 2 ba · sleeps 4 · 443 ft

    Revenue $57,444ADR $340Occ ≈ 46%4.8★ (24)

    AirbnbVrbo

  • 2BR mtn-view cabin w/ Free Attraction Tickets

    Cabin · 2 bd · 2 ba · sleeps 6 · 515 ft

    Revenue $27,270ADR $168Occ ≈ 44%3.2★ (32)

    AirbnbVrboBooking

  • Smoky Mountain High: Where the Mountains Lift You

    Cabin · 2 bd · 2 ba · sleeps 4 · 525 ft

    Revenue $39,410ADR $248Occ ≈ 44%4.6★ (54)

    AirbnbVrboBooking

  • Smoky Mountain Dreams | Hot Tub + Pool Table!

    Cabin · 2 bd · 3 ba · sleeps 5 · 0.1 mi

    Revenue $48,827ADR $403Occ ≈ 33%4★ (32)

    AirbnbVrboBooking

  • Bootleggers Villa | Hot Tub • Mtn Views • Pet

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $21,203ADR $224Occ ≈ 26%4.7★ (16)

    AirbnbVrboBooking

  • Gorgeous View of Smoky Mountains from an oversized hottub - Unmatched view!!!!

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.2 mi

    Revenue $57,963ADR $287Occ ≈ 55%4.9★ (381)

    Vrbo

Show all 49 comps
  • Enjoy beautiful views while being close to downtown Gatlinburg!

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $42,352ADR $166Occ ≈ 70%4.9★ (306)

    Vrbo

  • Climbing to New Heights - 2 Bedroom + Loft Bedroom

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

    Revenue $78,370ADR $301Occ ≈ 71%4.8★ (24)

    AirbnbVrboBooking

  • Bearfootin - pet friendly & close to town

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

    Revenue $64,955ADR $276Occ ≈ 64%4.8★ (317)

    AirbnbVrbo

  • 2 Story Smoky View Chalet, Sleeps 6, Cable, Games

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

    Revenue $12,169ADR $144Occ ≈ 23%3.1★ (11)

    AirbnbVrboBooking

  • Pet Friendly | Peaceful & Wooded | 15 Min to Gat

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $31,164ADR $163Occ ≈ 52%4.8★ (69)

    AirbnbVrbo

  • BIG Views | KingBeds | HotTub | 3mi to Gatlinburg!

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $74,918ADR $249Occ ≈ 82%5★ (287)

    AirbnbVrbo

  • Bear-in-Mind

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

    Revenue $47,136ADR $209Occ ≈ 62%4.8★ (31)

    AirbnbVrbo

  • Bear Crossing - 2 Bedrooms in Gatlinburg!

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

    Revenue $58,461ADR $253Occ ≈ 63%4.6★ (18)

    AirbnbVrbo

  • Amazing Cabin with Fireplace, Fire pit and Hot-tub in Gatlingburg, Tennessee

    Vacation home · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $23,791ADR $1,100Occ ≈ 6%—

    Booking

  • Awe-inspiring Octagon near Gatlinburg, king beds

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

    Revenue $43,726ADR $253Occ ≈ 47%4.8★ (528)

    AirbnbVrbo

  • Amazing views! 10 min to Gatlinburg! Book now!

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

    Revenue $47,323ADR $256Occ ≈ 51%5★ (155)

    Airbnb

  • Amazing Views,4Miles to Downtown, Hottub, Firepit,

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

    Revenue $101,977ADR $316Occ ≈ 88%5★ (325)

    AirbnbVrboBooking

  • Embrace the Wild at the "Rustic Bear"

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

    Revenue $63,859ADR $252Occ ≈ 69%4.9★ (55)

    AirbnbVrboBooking

  • 2BR, newly built, hot tub, firepit.

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

    Revenue $39,940ADR $255Occ ≈ 43%5★ (75)

    AirbnbVrboBooking

  • Ember Hollow | Hot Tub • Near Gatlinburg • Pets

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

    Revenue $13,275ADR $258Occ ≈ 14%4★ (2)

    AirbnbVrbo

  • *Charming 2BD Cabin w/ Hot Tub! Games and MORE!*

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

    Revenue $38,889ADR $238Occ ≈ 45%4.5★ (26)

    AirbnbVrbo

  • Tennessee Cowboy-hot tub, games, spacious 3 story

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

    Revenue $41,789ADR $253Occ ≈ 45%3★ (1)

    AirbnbVrbo

  • Unwind Above the Smokies · Bearway to Heaven

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

    Revenue $57,422ADR $267Occ ≈ 59%4.2★ (57)

    AirbnbVrboBooking

  • Tucked in the woods - close to Gatlinburg!

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.3 mi

    Revenue $35,051ADR $200Occ ≈ 48%4.8★ (160)

    AirbnbVrbo

  • BEST DEAL - Modern 2BR Cabin | 3 miles to Gburg

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.3 mi

    Revenue $65,932ADR $204Occ ≈ 89%5★ (222)

    Airbnb

  • Awesome cabin! Sleeps 6, Wifi, 10-15min to GB/PF

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

    Revenue $39,202ADR $227Occ ≈ 47%5★ (139)

    AirbnbVrbo

  • Beautiful Mtn. Views Just 5 Min to G'burg, Covered Hot Tub under Lighted Gazebo

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

    Revenue $43,044ADR $268Occ ≈ 44%4.9★ (269)

    Vrbo

  • The Hibernation Station

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

    Revenue $46,180ADR $182Occ ≈ 70%4.7★ (475)

    AirbnbVrbo

  • Your Fall Retreat • Hot Tub · 3Mi to Gatlinburg

    Chalet · 2 bd · 2 ba · sleeps 4 · 0.3 mi

    Revenue $79,127ADR $253Occ ≈ 86%5★ (279)

    AirbnbVrbo

  • Charming Retreat w/ Hot Tub in Gatlinburg

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.3 mi

    Revenue $45,572ADR $312Occ ≈ 40%—

    Airbnb

  • Luxury Cabin - Private Indoor Pool, Game & Media

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

    Revenue $94,431ADR $365Occ ≈ 71%4.7★ (86)

    AirbnbVrboBooking

  • Ember Hollow | Hot Tub • Near Gatlinburg • Pets

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

    Revenue $15,040ADR $236Occ ≈ 17%4.2★ (5)

    AirbnbBooking

  • Above it All Hot tub Mtn View Firepit Dollywood

    Chalet · 2 bd · 2 ba · sleeps 5 · 0.3 mi

    Revenue $36,643ADR $173Occ ≈ 58%4.8★ (296)

    AirbnbVrbo

  • Ole Smokey

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

    Revenue $11,830ADR $173Occ ≈ 19%4.5★ (123)

    AirbnbVrbo

  • New Sugarloaf Cabin*Private Pool*Hot Tub*Game Room

    Cabin · 2 bd · 2.5 ba · sleeps 7 · 0.3 mi

    Revenue $55,506ADR $326Occ ≈ 47%4.8★ (190)

    AirbnbVrbo

  • Soak up the peace and watch for BEARS!

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

    Revenue $35,023ADR $234Occ ≈ 41%5★ (92)

    AirbnbVrbo

  • 2 Kings, Hot Tub & Game Room + Free Tickets

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

    Revenue $10,440ADR $205Occ ≈ 14%4.8★ (11)

    AirbnbVrbo

  • Cozy 2BR! 5 Mins to Gatlinburg* Hot Tub+Comm Pool

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

    Revenue $42,000ADR $191Occ ≈ 60%5★ (127)

    AirbnbVrbo

  • Mountain View|New HotTub|10min2Gatlinburg|GameRoom

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

    Revenue $88,176ADR $269Occ ≈ 90%5★ (106)

    AirbnbVrbo

  • Smoky Bears All American Cabin

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

    Revenue $48,918ADR $168Occ ≈ 80%4.8★ (586)

    AirbnbVrbo

  • Four Cubs Cabin

    House · 2 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $3,068ADR $375Occ ≈ 2%1★ (1)

    AirbnbVrbo

  • Corduroy Cabin•Close to Gatlinburg & Pigeon Forge

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

    Revenue $57,627ADR $283Occ ≈ 56%5★ (53)

    Airbnb

  • Breathtaking Mountain View’s with Hot tub

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

    Revenue $74,019ADR $228Occ ≈ 89%4.8★ (321)

    Airbnb

  • Duke's Den*Dog Friendly*Hot Tub*Arcade/Pool Table

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

    Revenue $49,296ADR $217Occ ≈ 62%4.6★ (24)

    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
Management
Term

Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium

Est. revenue

$50,709

NOI

$23,630

Cash flow /mo

-$1,342

Cash needed

$195,971

Cash-on-cash

-8.2%

ROE (yr 1)

2.9%

Cap rate

3.9%

DSCR

0.59

Year-1 write-off

$142,042

Year-1 tax shield @ 32%

$45,453

Year-1 return on equity

  • Cash flow (annual)-$16,100
  • Principal paydown$3,736
  • Appreciation at%$17,997
ROE2.9%

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)$10,142
  • Platform fees (3% of revenue)$1,521
  • Maintenance / capex (5% of revenue)$2,535
  • Utilities & supplies$4,200
  • HOA$2,760
  • Property tax$2,321
  • Insurance (STR-rated)$3,599

Cash needed to close

  • Down payment (25%)$149,975
  • Closing costs (4.0%)$23,996
  • Furnishing (bought new)$22,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$45,453

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)

$120,000 · 22%

Year-1 deduction

$142,000

Year-1 tax shield @ 32%

$45,000

Land 8% (county tax record, market value split) · building $432,000 over 39 years · new furniture $22,000

Based on: 2,238 sq ft, built 1995, 2 bd / 3 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list, septic, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $82,000 in year 1 (11% short-life, $26,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$86,000
  • Kitchen cabinetsdefault

    $10,700 new × 40% good × 2.65 allocation

    $11,400
  • Kitchen countertopsdefault

    $8,800 new × 40% good × 2.65 allocation

    $9,300
  • Decorative trimdefault

    $3,900 new × 40% good × 2.65 allocation

    $4,200
  • Mirrorsdefault

    $500 new × 40% good × 2.65 allocation

    $500
  • Shelvingdefault

    $900 new × 40% good × 2.65 allocation

    $1,000
  • Window coverings (22)default

    $5,500 new × 40% good × 2.65 allocation

    $5,800
  • Kitchen & laundry equipment plumbingdefault

    $8,300 new × 40% good × 2.65 allocation

    $8,800
  • Kitchen, laundry & data equipment electricaldefault

    $5,000 new × 40% good × 2.65 allocation

    $5,300
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 2.65 allocation

    $8,200
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.65 allocation

    $9,600
  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000
  • Game-room equipment bought newlisting

    $6,000 new × 100% good · bought separately

    $6,000
15-year land improvements$55,600
  • Paving: driveway & walks (paved)default

    $9,800 new × 50% good × 2.65 allocation

    $13,000
  • Landscaping (minimal)listing

    $4,700 new × 50% good × 2.65 allocation

    $6,300
  • Patiosdefault

    $2,200 new × 50% good × 2.65 allocation

    $2,900
  • Decks & porches (attached)listing

    $25,200 new × 50% good × 2.65 allocation

    $33,400
Building, 39-year$432,100
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $243,200 new × 48% good × 2.65 allocation

    $311,800
  • Building plumbing & fixturesdefault

    $25,200 new × 40% good × 2.65 allocation

    $26,700
  • Building electrical & lightingdefault

    $25,600 new × 40% good × 2.65 allocation

    $27,200
  • HVACdefault

    $25,200 new × 40% good × 2.65 allocation

    $26,800
  • Hardwood & tile floorsdefault

    $14,400 new × 40% good × 2.65 allocation

    $15,300
  • Fireplaces (3)listing

    $7,900 new × 40% good × 2.65 allocation

    $8,400
  • Septic systemlisting

    $12,000 new × 50% good × 2.65 allocation

    $15,900

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$86,000$55,600$500$142,000
2$0$0$11,100$11,100
3$0$0$11,100$11,100
4$0$0$11,100$11,100
5$0$0$11,100$11,100
6+$0$0$387,300$387,300
Total$86,000$55,600$432,100$573,700

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.