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

2029 Windy Ln

2029 Windy Ln

Sevierville, TN 37876

$799,990

4 bd · 2 ba · 1,980 sqft · Listed 1d ago

View on Realtor.com →
Negative cash flow

Year built

2017

Sqft

1,980

Lot sqft

47,916

HOA / mo

None

Furnished

No

List date

2026-10-01T12:55:31.000000Z

Revenue

Annual revenue

$65,161

ADR

$304

Occupancy

59%

Cleaning fees (12 mo)

$9,854

Confidence

Med (57.86), 41 comps

Comp revenue range (p25 / median / p75)

$52,494$71,516$85,450
  • MisBearHavin:Secluded*Pets*Games*HotTub*Wifi*Yard

    Cabin · 4 bd · 2 ba · sleeps 9 · 118 ft

    Revenue $26,684ADR $422Occ ≈ 17%4★ (12)

    AirbnbVrbo

  • Luxury Cabin | 4BR Fenced Yard, Hot Tub & Pets OK

    Cabin · 4 bd · 2 ba · sleeps 10 · 374 ft

    Revenue $35,740ADR $322Occ ≈ 30%4.9★ (25)

    AirbnbVrboBooking

  • Altitude Adjustment By Avada Properties

    Vacation home · 4 bd · 2 ba · sleeps 8 · 394 ft

    Revenue $53,963ADR $207Occ ≈ 71%4.7★ (4)

    Booking

  • Hot tub, Sleeps 11, Near Dollywood, Pet-friendly

    Cabin · 4 bd · 2 ba · sleeps 11 · 0.1 mi

    Revenue $58,970ADR $343Occ ≈ 47%4.9★ (42)

    AirbnbVrbo

  • Lones Branch Lodge - Stunning new build!

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.2 mi

    Revenue $94,396ADR $460Occ ≈ 56%4.8★ (29)

    AirbnbVrboBooking

  • Scenic Mountain Oasis! *PRIME* Location | Hot Tub

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.2 mi

    Revenue $89,563ADR $306Occ ≈ 80%4.9★ (199)

    AirbnbVrbo

  • Short Drive to Dollywood| Theater• Arcade• Stays

    Cabin · 4 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $74,249ADR $380Occ ≈ 54%4.7★ (288)

    AirbnbVrbo

  • Family Escape | VIEWS, Pet Friendly, Game Room

    Cabin · 4 bd · 3 ba · sleeps 9 · 0.3 mi

    Revenue $65,278ADR $366Occ ≈ 49%5★ (19)

    AirbnbVrbo

  • Chasing Views

    Chalet · 4 bd · 2 ba · sleeps 10 · 0.3 mi

    Revenue $35,865ADR $225Occ ≈ 44%—

    Booking

  • Bear Claw Hideaway View Hot Tub LifeSize Games

    Vacation home · 4 bd · 2 ba · sleeps 7 · 0.3 mi

    Revenue $73,328ADR $294Occ ≈ 68%3.5★ (1)

    Booking

Show all 41 comps
  • Peekin' Over Pigeon Forge By Colonial Properties

    Chalet · 4 bd · 3 ba · sleeps 8 · 0.4 mi

    Revenue $65,518ADR $283Occ ≈ 63%3.8★ (2)

    Booking

  • Mountain Views Retreat|Hot Tub • Views • Game Room

    House · 4 bd · 2.5 ba · sleeps 10 · 0.4 mi

    Revenue $53,909ADR $349Occ ≈ 42%5★ (13)

    AirbnbVrbo

  • Wooded Cabin Near Pigeon Forge Hot Tub Games

    Vacation home · 4 bd · 3 ba · sleeps 9 · 0.4 mi

    Revenue $11,070ADR $192Occ ≈ 16%—

    Booking

  • Endless View Retreat in Smoky Mountains

    House · 4 bd · 2.5 ba · sleeps 12 · 0.4 mi

    Revenue $14,602ADR $435Occ ≈ 9%5★ (73)

    AirbnbVrbo

  • Angels Majestic View

    Vacation home · 4 bd · 3 ba · sleeps 8 · 0.4 mi

    Revenue $68,354ADR $335Occ ≈ 56%—

    Booking

  • Glorious Views:Views*Hot Tub* Wifi*Great Location

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.4 mi

    Revenue $125,281ADR $568Occ ≈ 60%4.5★ (26)

    AirbnbVrbo

  • Moonlight Ridge by Avada Properties

    Vacation home · 4 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $41,539ADR $159Occ ≈ 72%—

    Booking

  • Hot Tub Bliss w/ Panoramic Smoky Mountain Views

    Cabin · 4 bd · 3 ba · sleeps 16 · 0.5 mi

    Revenue $102,609ADR $433Occ ≈ 65%4.9★ (98)

    AirbnbVrbo

  • Savannah Smiles

    Vacation home · 4 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $92,599ADR $527Occ ≈ 48%—

    Booking

  • 4BR Cabin with Panoramic Views, Central location

    Cabin · 4 bd · 3 ba · sleeps 8 · 0.5 mi

    Revenue $118,399ADR $398Occ ≈ 82%5★ (471)

    AirbnbVrbo

  • Adorable Escape by Venture Smoky Mountains

    Vacation home · 4 bd · 2 ba · sleeps 10 · 0.5 mi

    Revenue $91,204ADR $460Occ ≈ 54%—

    Booking

  • *Newly Renovated* 4BR | Slps 9 |Rec room | Hot Tub

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.5 mi

    Revenue $41,532ADR $295Occ ≈ 39%4.7★ (8)

    AirbnbVrbo

  • Top O the Mornin' Breathtaking mountain views, seasonal resort pool, hot tub, game room, Wi-Fi

    Chalet · 4 bd · 3 ba · sleeps 10 · 0.5 mi

    Revenue $75,746ADR $339Occ ≈ 61%—

    Booking

  • A View from the Top

    Vacation home · 4 bd · 3 ba · sleeps 8 · 0.5 mi

    Revenue $130,747ADR $412Occ ≈ 87%4.3★ (9)

    Booking

  • Beautiful Smoky Mountain Views! | Hot Tub | Games

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.6 mi

    Revenue $84,657ADR $329Occ ≈ 70%4.8★ (163)

    AirbnbVrbo

  • Majestic Smoky Mountain Views/HotTub/Arcade

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.6 mi

    Revenue $73,197ADR $383Occ ≈ 52%4.8★ (125)

    AirbnbVrbo

  • Secluded Cabin with Hot-Tub, Pool Table and Outdoor Pool in Sevierville, Tennessee

    Vacation home · 4 bd · 1 ba · sleeps 12 · 0.6 mi

    Revenue $45,312ADR $1,232Occ ≈ 10%—

    Booking

  • "Mama Bear", Mtn Views+Hot Tub+Pool Table+Theater

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.6 mi

    Revenue $82,272ADR $349Occ ≈ 65%5★ (96)

    AirbnbVrbo

  • Mountain Views (Cabin)

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.7 mi

    Revenue $52,494ADR $372Occ ≈ 39%4.5★ (28)

    AirbnbVrbo

  • Smokey Max Chalet4 beds 2,5 bath sleep 10 people #

    Chalet · 4 bd · 2.5 ba · sleeps 10 · 0.7 mi

    Revenue $40,560ADR $361Occ ≈ 31%4.5★ (113)

    AirbnbVrboBooking

  • A Whole New World: Views*Pets*HotTub*Wifi*Theater

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.7 mi

    Revenue $58,033ADR $454Occ ≈ 35%3.5★ (10)

    AirbnbVrbo

  • Mountain Views: Views*Resort Pool*Hot Tub*Wifi

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.7 mi

    Revenue $53,378ADR $383Occ ≈ 38%4★ (1)

    Airbnb

  • Raccoons' Rest Kick Back in the Smokies

    Chalet · 4 bd · 3 ba · sleeps 8 · 0.7 mi

    Revenue $77,190ADR $340Occ ≈ 62%—

    Booking

  • Stunning VIEWS! Outdoor Fireplace/Theater/Dollywd

    Cabin · 4 bd · 2 ba · sleeps 9 · 0.7 mi

    Revenue $122,143ADR $353Occ ≈ 95%5★ (313)

    AirbnbVrbo

  • 1.2 miles to Dollywood - Indoor Pool - Dogs Ok

    Cabin · 4 bd · 2 ba · sleeps 10 · 0.7 mi

    Revenue $91,310ADR $340Occ ≈ 74%5★ (121)

    AirbnbVrbo

  • Breathtaking views, hot tub, game room, fire pit—and that secluded feeling♡♡♡

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.7 mi

    Revenue $83,538ADR $402Occ ≈ 57%4.9★ (225)

    Vrbo

  • Mountain & City View | 2 mi to Dollywood | Hot tub

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.7 mi

    Revenue $61,833ADR $277Occ ≈ 61%5★ (3)

    AirbnbVrbo

  • Stunning Views, Hot Tub, Arcade + Games, Dollywood

    Cabin · 4 bd · 3 ba · sleeps 14 · 0.7 mi

    Revenue $78,332ADR $339Occ ≈ 63%4.9★ (134)

    Airbnb

  • *Luxury 4 BR Cabin! Hot Tub + Near Dollywood*

    Cabin · 4 bd · 2.5 ba · sleeps 10 · 0.7 mi

    Revenue $71,516ADR $306Occ ≈ 64%4.8★ (311)

    AirbnbVrbo

  • Twin Mountain by Avada Properties

    Vacation home · 4 bd · 3 ba · sleeps 10 · 0.7 mi

    Revenue $85,450ADR $239Occ ≈ 98%—

    Booking

  • Beverly's Bearadise (4)

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.7 mi

    Revenue $23,097ADR $468Occ ≈ 14%—

    AirbnbBooking

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

$65,161

NOI

$36,093

Cash flow /mo

-$1,407

Cash needed

$254,997

Cash-on-cash

-6.6%

ROE (yr 1)

4.7%

Cap rate

4.5%

DSCR

0.68

Year-1 write-off

$178,483

Year-1 tax shield @ 32%

$57,114

Year-1 return on equity

  • Cash flow (annual)-$16,888
  • Principal paydown$4,982
  • Appreciation at%$24,000
ROE4.7%

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)$13,032
  • Platform fees (3% of revenue)$1,955
  • Maintenance / capex (5% of revenue)$3,258
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$1,823
  • Insurance (STR-rated)$4,800

Cash needed to close

  • Down payment (25%)$199,998
  • Closing costs (4.0%)$32,000
  • Furnishing (bought new)$23,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$57,114

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

$770,000

Short-life (5/15-yr)

$155,000 · 20%

Year-1 deduction

$178,000

Year-1 tax shield @ 32%

$57,000

Land 4% (county tax record, market value split) · building $615,000 over 39 years · new furniture $23,000

Based on: 1,980 sq ft, built 2017, 4 bd / 2 ba, unfurnished, listing features (hot tub, deck, fence, fireplace, stone counters, flooring types, appliance list, septic, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $107,000 in year 1 (11% short-life, $34,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$114,000
  • Kitchen cabinetsdefault

    $10,100 new × 64% good × 2.50 allocation

    $16,200
  • Kitchen countertops (stone)listing

    $10,400 new × 64% good × 2.50 allocation

    $16,600
  • Decorative trimdefault

    $3,500 new × 64% good × 2.50 allocation

    $5,500
  • Mirrorsdefault

    $300 new × 40% good × 2.50 allocation

    $300
  • Shelvingdefault

    $1,500 new × 64% good × 2.50 allocation

    $2,400
  • Window coverings (20)default

    $5,000 new × 40% good × 2.50 allocation

    $5,000
  • Carpet, vinyl & laminate (33% of floors)listing

    $4,200 new × 40% good × 2.50 allocation

    $4,200
  • Kitchen & laundry equipment plumbingdefault

    $7,900 new × 82% good × 2.50 allocation

    $16,200
  • Kitchen, laundry & data equipment electricaldefault

    $4,800 new × 82% good × 2.50 allocation

    $9,800
  • Appliances (range, microwave, dishwasher, refrigerator)listing

    $5,700 new × 40% good × 2.50 allocation

    $5,700
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.50 allocation

    $9,000
  • Furniture bought newlisting

    $23,000 new × 100% good · bought separately

    $23,000
15-year land improvements$63,900
  • Paving: driveway & walks (paved)default

    $9,200 new × 64% good × 2.50 allocation

    $14,800
  • Landscaping (minimal)listing

    $4,400 new × 64% good × 2.50 allocation

    $7,100
  • Patiosdefault

    $2,000 new × 64% good × 2.50 allocation

    $3,100
  • Decks & porches (attached)listing

    $22,300 new × 55% good × 2.50 allocation

    $30,600
  • Fencinglisting

    $6,000 new × 55% good × 2.50 allocation

    $8,300
Building, 39-year$615,100
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $214,500 new × 85% good × 2.50 allocation

    $455,900
  • Building plumbing & fixturesdefault

    $22,300 new × 82% good × 2.50 allocation

    $45,700
  • Building electrical & lightingdefault

    $22,400 new × 82% good × 2.50 allocation

    $45,900
  • HVACdefault

    $22,300 new × 55% good × 2.50 allocation

    $30,700
  • Hardwood & tile floorsdefault

    $8,500 new × 64% good × 2.50 allocation

    $13,600
  • Fireplacelisting

    $2,600 new × 64% good × 2.50 allocation

    $4,200
  • Septic systemlisting

    $12,000 new × 64% good × 2.50 allocation

    $19,200

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$114,000$63,900$700$178,500
2$0$0$15,800$15,800
3$0$0$15,800$15,800
4$0$0$15,800$15,800
5$0$0$15,800$15,800
6+$0$0$551,400$551,400
Total$114,000$63,900$615,100$792,900

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, 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.