2150 Cascades Ct
Sevierville, TN 37862
$949,900
2 bd · 3.5 ba · 2,688 sqft · Listed 1d ago
View on Realtor.com →Year built
2024
Sqft
2,688
Lot sqft
20,909
HOA / mo
None
Furnished
No
List date
2026-11-12T21:36:48.000000Z
Revenue
Annual revenue
$49,802
ADR
$225
Occupancy
61%
Cleaning fees (12 mo)
$9,514
Confidence
Low (47.83), 28 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $42,855
Creekside Cabin-Pickleball-Pool-Arcade-Hot Tub-Pet
Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.2 mi
Revenue $52,310ADR $270Occ ≈ 53%4.7★ (88)
Reservation
Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.3 mi
Revenue $45,671ADR $175Occ ≈ 72%4.9★ (212)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Cascades Escape – Luxury Cabin with Mountain Views Cabin | 2 bd · 2.5 ba · sleeps 6 | $90,308 | $268 | 92% | 4.7★ (35) | 0.1 mi | AirbnbVrboBooking |
Creekside Cabin-Pickleball-Pool-Arcade-Hot Tub-Pet Cabin | 2 bd · 2.5 ba · sleeps 6 | $52,310 | $270 | 53% | 4.7★ (88) | 0.2 mi | Airbnb |
Spacious & Comfy Mountain Getaway: Arcade, Hot Tub Cabin | 2 bd · 2.5 ba · sleeps 6 | $51,001 | $246 | 57% | 4.2★ (47) | 0.3 mi | AirbnbVrbo |
Bear up the Creek Townhouse | 2 bd · 2.5 ba · sleeps 8 | $64,249 | $217 | 81% | 4.9★ (123) | 0.3 mi | AirbnbVrbo |
The Cascades Retreat Cabin | 2 bd · 2.5 ba · sleeps 8 | $15,927 | $231 | 19% | 5★ (6) | 0.3 mi | AirbnbBooking |
Cascades Waterfalls 2Bd 2 bth/HOT TUB Cabin | 2 bd · 2.5 ba · sleeps 8 | $17,510 | $364 | 13% | — | 0.3 mi | AirbnbVrbo |
New! Reservation Cabin | 2 bd · 2.5 ba · sleeps 8 | $15,773 | $309 | 14% | — | 0.3 mi | AirbnbVrbo |
Reservation Cabin | 2 bd · 2.5 ba · sleeps 8 | $45,671 | $175 | 72% | 4.9★ (212) | 0.3 mi | Airbnb |
View From Above~ Stunning Views~ Pets Considered! Cabin
| 2 bd · 2.5 ba · sleeps 8 | $74,235 | $390 | 52% | 4.8★ (221) | 0.3 mi | AirbnbVrbo |
Secluded Luxury w/ Views of Mt. LeConte & Hot Tub Cabin
| 2 bd · 3 ba · sleeps 7 | $79,385 | $240 | 91% | 5★ (274) | 0.3 mi | AirbnbVrbo |
Show 13 more
Pigeon Forge on the River 2/2Freetickets2Dollywood
Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.3 mi
Revenue $11,461ADR $298Occ ≈ 11%—
Cozy Cabin - 2 Bedrooms -2.5 Baths
Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.4 mi
Revenue $17,899ADR $0Occ ≈ —4.8★ (55)
Bring the entire family 10 Minutes to Pigeon Forge
Cabin · 2 bd · 3 ba · sleeps 8 · 0.7 mi
Revenue $25,805ADR $235Occ ≈ 30%4.8★ (80)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Pigeon Forge on the River 2/2Freetickets2Dollywood Cabin | 2 bd · 2.5 ba · sleeps 8 | $11,461 | $298 | 11% | — | 0.3 mi | Airbnb |
Timeless - 2BR Cabin Near the Park & Attractions Cabin | 2 bd · 2.5 ba · sleeps 7 | $62,628 | $234 | 73% | 5★ (35) | 0.4 mi | AirbnbVrbo |
Cozy Cabin Escape w/ Hot tub and Games Cabin | 2 bd · 2.5 ba · sleeps 6 | $42,855 | $240 | 49% | 4★ (1) | 0.4 mi | AirbnbBooking |
Hot tub, games, and mountain charm Cabin
| 2 bd · 2.5 ba · sleeps 6 | $32,819 | $220 | 41% | 4.9★ (26) | 0.4 mi | AirbnbVrboBooking |
Cozy Cabin with Killer Mountain Views Cabin
| 2 bd · 3 ba · sleeps 8 | $74,663 | $277 | 74% | 4.7★ (6) | 0.4 mi | AirbnbVrbo |
Time Well Waisted Cabin Cabin
| 2 bd · 2.5 ba · sleeps 6 | $28,734 | $200 | 39% | 4.8★ (167) | 0.4 mi | AirbnbVrbo |
Happy Cub Cabin Privacy Galore, 2 Suites & Hot Tub Cabin
| 2 bd · 2.5 ba · sleeps 5 | $40,676 | $187 | 60% | 4.9★ (81) | 0.4 mi | AirbnbVrbo |
Cozy Cabin - 2 Bedrooms -2.5 Baths Cabin | 2 bd · 2.5 ba · sleeps 8 | $17,899 | $0 | — | 4.8★ (55) | 0.4 mi | Airbnb |
Secluded Luxury 2-Bdrm Log Cabin/Lake/Theatre Room Cabin
| 2 bd · 2.5 ba · sleeps 7 | $33,173 | $240 | 38% | 4.9★ (210) | 0.5 mi | AirbnbVrbo |
Hang Yer Hat - Stunning Views + Luxurious Design! Cabin
| 2 bd · 3.5 ba · sleeps 6 | $87,160 | $362 | 66% | 4.8★ (61) | 0.5 mi | AirbnbVrboBooking |
Tyme to Chill: Charming and Cozy with Hot Tub Cabin
| 2 bd · 2.5 ba · sleeps 6 | $49,604 | $246 | 55% | 5★ (69) | 0.6 mi | AirbnbVrboBooking |
Peek-A-View - Affordable Pet Friendly Cabin Cabin
| 2 bd · 2.5 ba · sleeps 4 | $32,809 | $236 | 38% | 4.8★ (61) | 0.7 mi | AirbnbVrbo |
Bring the entire family 10 Minutes to Pigeon Forge Cabin | 2 bd · 3 ba · sleeps 8 | $25,805 | $235 | 30% | 4.8★ (80) | 0.7 mi | 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
Rate 7.86% = 7.11% Freddie Mac 30-yr avg (Nov 12) + 0.75% investor premium
Est. revenue
$49,802
NOI
$21,245
Cash flow /mo
-$3,388
Cash needed
$297,471
Cash-on-cash
-13.7%
ROE (yr 1)
-2.0%
Cap rate
2.2%
DSCR
0.34
Year-1 write-off
$224,065
Year-1 tax shield @ 32%
$71,701
Year-1 return on equity
- Cash flow (annual)-$40,653
- Principal paydown$6,119
- Appreciation at%$28,497
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)$9,960
- Platform fees (3% of revenue)$1,494
- Maintenance / capex (5% of revenue)$2,490
- Utilities & supplies$4,200
- HOA$0
- Property tax$4,713
- Insurance (STR-rated)$5,699
Cash needed to close
- Down payment (25%)$237,475
- Closing costs (4.0%)$37,996
- Furnishing (bought new)$22,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$71,701
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
$914,000
Short-life (5/15-yr)
$201,000 · 22%
Year-1 deduction
$224,000
Year-1 tax shield @ 32%
$72,000
Land 4% (county tax record, market value split) · building $713,000 over 39 years · new furniture $22,000
Based on: 2,688 sq ft, built 2024, 2 bd / 3.5 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, stone counters, appliance list, septic, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $125,000 in year 1 (11% short-life, $40,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $19,600
Kitchen cabinetsdefault
$11,700 new × 92% good × 1.82 allocation
- $20,000
Kitchen countertops (stone)listing
$12,000 new × 92% good × 1.82 allocation
- $7,900
Decorative trimdefault
$4,700 new × 92% good × 1.82 allocation
- $700
Mirrorsdefault
$500 new × 83% good × 1.82 allocation
- $1,500
Shelvingdefault
$900 new × 92% good × 1.82 allocation
- $9,800
Window coverings (27)default
$6,800 new × 80% good × 1.82 allocation
- $10,500
Carpet, vinyl & laminate (40% of floors)default
$6,900 new × 83% good × 1.82 allocation
- $15,900
Kitchen & laundry equipment plumbingdefault
$9,100 new × 96% good × 1.82 allocation
- $9,600
Kitchen, laundry & data equipment electricaldefault
$5,500 new × 96% good × 1.82 allocation
- $12,300
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)listing
$8,100 new × 83% good × 1.82 allocation
- $13,100
Hot tub (freestanding)listing
$9,000 new × 80% good × 1.82 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $18,000
Paving: driveway & walks (paved)default
$10,700 new × 92% good × 1.82 allocation
- $8,600
Landscaping (minimal)listing
$5,200 new × 92% good × 1.82 allocation
- $4,400
Patiosdefault
$2,700 new × 92% good × 1.82 allocation
- $49,500
Decks & porches (attached)listing
$30,200 new × 90% good × 1.82 allocation
- $513,800
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$292,400 new × 97% good × 1.82 allocation
- $52,900
Building plumbing & fixturesdefault
$30,300 new × 96% good × 1.82 allocation
- $54,700
Building electrical & lightingdefault
$31,300 new × 96% good × 1.82 allocation
- $49,600
HVACdefault
$30,300 new × 90% good × 1.82 allocation
- $17,400
Hardwood & tile floorsdefault
$10,400 new × 92% good × 1.82 allocation
- $4,400
Fireplacelisting
$2,600 new × 92% good × 1.82 allocation
- $20,100
Septic systemlisting
$12,000 new × 92% good × 1.82 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $142,800 | $80,500 | $800 | $224,100 |
| 2 | $0 | $0 | $18,300 | $18,300 |
| 3 | $0 | $0 | $18,300 | $18,300 |
| 4 | $0 | $0 | $18,300 | $18,300 |
| 5 | $0 | $0 | $18,300 | $18,300 |
| 6+ | $0 | $0 | $638,900 | $638,900 |
| Total | $142,800 | $80,500 | $712,800 | $936,100 |
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.