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Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium

1105 Silver Poplar Ln

1105 Silver Poplar Ln

Sevierville, TN 37876

$349,900

2 bd · 2 ba · 1,192 sqft · Listed 1d ago

View on Realtor.com →

Year built

1999

Sqft

1,192

Lot sqft

13,504

HOA / mo

$27

Furnished

No

List date

2026-09-28T23:30:53.000000Z

Revenue

Annual revenue

$51,782

ADR

$227

Occupancy

62%

Cleaning fees (12 mo)

$9,855

Confidence

Med (54.66), 50 comps

Comp revenue range (p25 / median / p75)

$33,774$46,516$62,483
  • Call of the Wild/Views/Game Room/Hot Tub

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

    Revenue $15,184ADR $221Occ ≈ 19%4.8★ (64)

    AirbnbVrbo

  • Melody's Dream- Cozy, Quiet, Relaxation! Get Away!

    Cabin · 2 bd · 2 ba · sleeps 6 · 312 ft

    Revenue $33,769ADR $164Occ ≈ 56%4.8★ (412)

    AirbnbVrbo

  • POOL CABIN | Hot Tub | Decks | Game System

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 312 ft

    Revenue $96,998ADR $393Occ ≈ 68%4.9★ (159)

    AirbnbVrbo

  • Honeysuckle Hill

    Vacation home · 2 bd · 2 ba · sleeps 6 · 377 ft

    Revenue $52,996ADR $265Occ ≈ 55%5★ (1)

    Booking

  • Honeysuckle Hill: Pet Friendly, Free Attraction Tickets, Hot Tub, Sauna, Fire Pit

    Cabin · 2 bd · 2 ba · sleeps 6 · 390 ft

    Revenue $50,685ADR $199Occ ≈ 70%4.9★ (18)

    Vrbo

  • Close to Dollywood/P-F/G-burg, Quiet/Cozy, HotTub

    Cabin · 2 bd · 2 ba · sleeps 6 · 397 ft

    Revenue $21,303ADR $224Occ ≈ 26%5★ (21)

    AirbnbVrbo

  • Knotty By Nature-Cozy Cabin-10 min-PF & Gatlin

    Cabin · 2 bd · 2 ba · sleeps 4 · 400 ft

    Revenue $64,043ADR $214Occ ≈ 82%4.9★ (195)

    AirbnbVrbo

  • 15 minutes to PF/Gatlinburg! Charming 2 Bed/2 Bath

    Cabin · 2 bd · 2 ba · sleeps 6 · 443 ft

    Revenue $29,954ADR $203Occ ≈ 40%4.7★ (187)

    AirbnbVrbo

  • 84° Indoor Pool Cabin - Fire Pit - Near Gatlinburg

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 443 ft

    Revenue $86,410ADR $379Occ ≈ 62%5★ (176)

    AirbnbVrbo

  • Angie's Retreat (Min to Gatlinburg & Pigeon Forge)

    Cabin · 2 bd · 2 ba · sleeps 8 · 446 ft

    Revenue $39,554ADR $233Occ ≈ 47%5★ (281)

    AirbnbVrboBooking

Show all 50 comps
  • New Build—Indoor Pool/GameRm/2-Hole Putt/Location!

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 463 ft

    Revenue $71,938ADR $430Occ ≈ 46%5★ (4)

    AirbnbVrbo

  • Sugar Bear Lodge, $560 FREE tickets each paid day

    Cabin · 2 bd · 2 ba · sleeps 6 · 469 ft

    Revenue $45,187ADR $202Occ ≈ 61%4.4★ (38)

    AirbnbVrboBooking

  • Charming Cabin w/ HOT TUB –> GREAT Location

    Cabin · 2 bd · 2 ba · sleeps 5 · 492 ft

    Revenue $70,286ADR $223Occ ≈ 86%4.7★ (397)

    AirbnbVrboBooking

  • Smoky Haven Cabin

    Cabin · 2 bd · 1 ba · sleeps 4 · 495 ft

    Revenue $28,456ADR $205Occ ≈ 38%3.9★ (20)

    AirbnbVrboBooking

  • Velvet pine cabin gatlinburng

    Cabin · 2 bd · 1 ba · sleeps 5 · 502 ft

    Revenue $19,003ADR $174Occ ≈ 30%4.3★ (3)

    Airbnb

  • Embrace Craftman's Charisma in Car Show-Inspired D

    Chalet · 2 bd · 1 ba · sleeps 6 · 509 ft

    Revenue $30,958ADR $166Occ ≈ 51%4.2★ (49)

    AirbnbVrboBooking

  • A+ Privacy | Pool + Games | Jacuzzi | Pets | WiFi

    Cabin · 2 bd · 2 ba · sleeps 8 · 518 ft

    Revenue $76,865ADR $258Occ ≈ 82%4.8★ (291)

    AirbnbVrboBooking

  • Forest Cabin w HotTub & WorkSpce

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.1 mi

    Revenue $26,972ADR $161Occ ≈ 46%3.9★ (13)

    AirbnbVrbo

  • Hot Tub • Arcade • Pool Table•8 Min to PF & Gat

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

    Revenue $42,745ADR $206Occ ≈ 57%5★ (273)

    Airbnb

  • Cozy Smoky Mountain cabin close to attractions!

    House · 2 bd · 1 ba · sleeps 5 · 0.1 mi

    Revenue $23,862ADR $186Occ ≈ 35%4.8★ (213)

    AirbnbVrbo

  • Cozy! Between Gatlinburg & PF

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.1 mi

    Revenue $47,608ADR $205Occ ≈ 64%5★ (137)

    AirbnbVrbo

  • Two Bedroom Cabin-Theater Room & Gameroom! Outdoor Pool Access in Wears Valley close to Pigeon Forge

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

    Revenue $48,870ADR $225Occ ≈ 60%4.4★ (44)

    VrboBooking

  • Perfect location! Gatlinburg and PF

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

    Revenue $44,719ADR $184Occ ≈ 67%4.8★ (297)

    Airbnb

  • Peaceful Luxury with a Private Pool

    Cabin · 2 bd · 2.5 ba · sleeps 9 · 0.1 mi

    Revenue $74,242ADR $381Occ ≈ 53%5★ (6)

    AirbnbVrbo

  • Two Bedroom Family Getaway Cabin Close to Pigeon Forge or Gatlinburg

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.1 mi

    Revenue $27,386ADR $172Occ ≈ 44%3.9★ (42)

    VrboBooking

  • TOP 1% | Pkwy 1.7mi | FirePit | SwingBed | Pinball

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.1 mi

    Revenue $97,154ADR $287Occ ≈ 93%5★ (241)

    AirbnbVrbo

  • "A Beary Special Place" 2 Bedroom Cabin

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

    Revenue $18,433ADR $379Occ ≈ 13%—

    Airbnb

  • Pet Friendly 2BR! Firepit*Fishing*Games*Sleeps 5!

    Chalet · 2 bd · 2 ba · sleeps 5 · 0.1 mi

    Revenue $39,464ADR $164Occ ≈ 66%4.8★ (63)

    AirbnbVrbo

  • Cozy/Secluded/HotTub/FastWi-Fi/GameRoom

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.1 mi

    Revenue $56,832ADR $231Occ ≈ 67%4.8★ (218)

    AirbnbVrbo

  • Hot tub cabin near Pigeon Forge, game room

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

    Revenue $56,427ADR $283Occ ≈ 55%5★ (171)

    AirbnbVrboBooking

  • Quiet, Cozy, <NEW HOT TUB> Cabin Near Everything

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

    Revenue $33,787ADR $202Occ ≈ 46%4.8★ (176)

    AirbnbVrbo

  • Gorgeous Secluded Wooden Cabin with Hot-tub and Pool Table in Sevierville, Tennessee

    Vacation home · 2 bd · 1 ba · sleeps 6 · 0.1 mi

    Revenue $54,858ADR $433Occ ≈ 35%—

    Booking

  • Gorgeous Secluded Wooden Cabin with Hot-tub and Pool Table in Sevierville, Tennessee

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

    Revenue $35,709ADR $446Occ ≈ 22%—

    Vrbo

  • Cozy Log Home, Movie Theater, Game room, Hot Tub

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

    Revenue $62,745ADR $203Occ ≈ 85%5★ (368)

    AirbnbVrbo

  • Private Smoky Mtn Cabin w/Hot Tub *Gatlinburg/PF*

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.1 mi

    Revenue $43,607ADR $242Occ ≈ 49%5★ (204)

    AirbnbVrbo

  • Mountain View Escape w/ Private Indoor Heated Pool

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.1 mi

    Revenue $111,464ADR $374Occ ≈ 82%5★ (127)

    Airbnb

  • New Morning Cabin, 2BR, HOT TUB!

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

    Revenue $68,539ADR $222Occ ≈ 85%4.9★ (155)

    Airbnb

  • SUPER LOCATION 8 Mins from PF & Gatbrg! 2B, 2 BA

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

    Revenue $18,548ADR $235Occ ≈ 22%4.9★ (371)

    AirbnbVrbo

  • Secluded Cabin with Hot Tub & Mountain Views!

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

    Revenue $61,698ADR $206Occ ≈ 82%4.8★ (119)

    AirbnbVrboBooking

  • A+ Location! Arcade~Hot Tub~Foosball~Private Deck

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.1 mi

    Revenue $59,912ADR $215Occ ≈ 76%4.9★ (156)

    AirbnbVrbo

  • Sky Harbor| Pet Friendly | Hot Tub | View | WiFi

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

    Revenue $10,740ADR $210Occ ≈ 14%3★ (2)

    AirbnbVrbo

  • Amazing view cabin in perfect location ONLY 10 min to G-burg, P.F. OR Dollywood

    Cabin · 2 bd · 3 ba · sleeps 8 · 0.1 mi

    Revenue $38,401ADR $293Occ ≈ 36%4.7★ (201)

    Vrbo

  • Arcade | Private Hot Tub | Firepit | Fireplace | C

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

    Revenue $56,504ADR $265Occ ≈ 58%4.5★ (14)

    AirbnbVrboBooking

  • Hawks Nest by American Patriot Getaways

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

    Revenue $54,607ADR $246Occ ≈ 61%—

    Booking

  • Secluded Gatlinburg Log Cabin with Incredible View

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

    Revenue $51,269ADR $239Occ ≈ 59%4.5★ (84)

    AirbnbVrboBooking

  • 1BR log cabin w hot tub and pool table!

    Chalet · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $40,591ADR $156Occ ≈ 71%—

    Booking

  • Mountain views, dog friendly, hot tub, foosball!

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

    Revenue $68,392ADR $357Occ ≈ 52%4.5★ (15)

    AirbnbVrbo

  • Mtn views, pet friendly, games, and a hot tub!

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

    Revenue $75,333ADR $297Occ ≈ 69%4.7★ (27)

    AirbnbVrbo

  • Mountain Retreat: 2BR, NEW Sauna, Game Rm, Hot Tub

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

    Revenue $45,424ADR $232Occ ≈ 54%4.8★ (72)

    AirbnbVrbo

  • Authentic Log Cabin Close to all the Attractions

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

    Revenue $44,531ADR $238Occ ≈ 51%4.8★ (4)

    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
Term

Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium

Est. revenue

$51,782

NOI

$30,012

Cash flow /mo

$615

Cash needed

$117,471

Cash-on-cash

6.3%

ROE (yr 1)

17.2%

Cap rate

8.6%

DSCR

1.33

Year-1 write-off

$88,177

Year-1 tax shield @ 32%

$28,217

Year-1 return on equity

  • Cash flow (annual)$7,386
  • Principal paydown$2,290
  • Appreciation at%$10,497
ROE17.2%
ROE incl. year-1 tax savings (32% bracket, STR loophole)41.2%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$10,356
  • Platform fees (3% of revenue)$1,553
  • Maintenance / capex (5% of revenue)$2,589
  • Utilities & supplies$4,200
  • HOA$324
  • Property tax$648
  • Insurance (STR-rated)$2,099

Cash needed to close

  • Down payment (25%)$87,475
  • Closing costs (4.0%)$13,996
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$28,217

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

$302,000

Short-life (5/15-yr)

$71,000 · 24%

Year-1 deduction

$88,000

Year-1 tax shield @ 32%

$28,000

Land 14% (county tax record, market value split) · building $231,000 over 39 years · new furniture $16,000

Based on: 1,192 sq ft, built 1999, 2 bd / 2 ba, unfurnished, listing features (deck, fireplace, flooring types, appliance list, septic, wooded lot).

IRS-guide safe-harbor floor: $55,000 in year 1 (13% short-life, $17,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$57,400
  • Kitchen cabinetsdefault

    $8,400 new × 40% good × 2.38 allocation

    $8,000
  • Kitchen countertopsdefault

    $6,900 new × 40% good × 2.38 allocation

    $6,600
  • Decorative trimdefault

    $2,100 new × 40% good × 2.38 allocation

    $2,000
  • Mirrorsdefault

    $300 new × 40% good × 2.38 allocation

    $300
  • Shelvingdefault

    $900 new × 40% good × 2.38 allocation

    $900
  • Window coverings (12)default

    $3,000 new × 40% good × 2.38 allocation

    $2,900
  • Carpet, vinyl & laminate (50% of floors)listing

    $3,800 new × 40% good × 2.38 allocation

    $3,700
  • Kitchen & laundry equipment plumbingdefault

    $6,500 new × 46% good × 2.38 allocation

    $7,200
  • Kitchen, laundry & data equipment electricaldefault

    $4,000 new × 46% good × 2.38 allocation

    $4,300
  • Appliances (range, dishwasher, refrigerator, dryer)listing

    $6,000 new × 40% good × 2.38 allocation

    $5,700
  • Furniture bought newlisting

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

    $16,000
15-year land improvements$30,000
  • Paving: driveway & walks (paved)default

    $7,200 new × 50% good × 2.38 allocation

    $8,500
  • Landscaping (minimal)listing

    $3,400 new × 50% good × 2.38 allocation

    $4,100
  • Patiosdefault

    $1,200 new × 50% good × 2.38 allocation

    $1,400
  • Decks & porches (attached)listing

    $13,400 new × 50% good × 2.38 allocation

    $16,000
Building, 39-year$230,500
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $129,000 new × 55% good × 2.38 allocation

    $169,000
  • Building plumbing & fixturesdefault

    $13,400 new × 46% good × 2.38 allocation

    $14,600
  • Building electrical & lightingdefault

    $12,400 new × 46% good × 2.38 allocation

    $13,600
  • HVACdefault

    $13,400 new × 40% good × 2.38 allocation

    $12,800
  • Hardwood & tile floorsdefault

    $3,800 new × 40% good × 2.38 allocation

    $3,700
  • Fireplacelisting

    $2,600 new × 40% good × 2.38 allocation

    $2,500
  • Septic systemlisting

    $12,000 new × 50% good × 2.38 allocation

    $14,300

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$57,400$30,000$700$88,200
2$0$0$5,900$5,900
3$0$0$5,900$5,900
4$0$0$5,900$5,900
5$0$0$5,900$5,900
6+$0$0$206,100$206,100
Total$57,400$30,000$230,500$317,900

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 and Georgia 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.