430 Burridge Dr
Sevierville, TN 37862
$799,000
3 bd · 3.5 ba · 4,000 sqft · Listed 1d ago
View on Realtor.com →Year built
1966
Sqft
4,000
Lot sqft
108,029
HOA / mo
$0
Furnished
No
List date
2026-10-29T16:09:37.000000Z
Revenue
Annual revenue
$51,091
ADR
$266
Occupancy
53%
Cleaning fees (12 mo)
$8,957
Confidence
Low (47.66), 7 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $55,116
Sundance Retreat - Pet Friendly Mountaintop Cabin
House · 3 bd · 3.5 ba · sleeps 10 · 0.4 mi
Revenue $27,895ADR $276Occ ≈ 28%—
Awesome Honey Bear
Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi
Revenue $55,116ADR $246Occ ≈ 61%4★ (20)
Chetola
House · 3 bd · 2.5 ba · sleeps 6 · 0.7 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $20,190ADR $188Occ ≈ 29%4.9★ (19)
Cedars Peak Downtown 2 Condos
Apartment · 3 bd · 3 ba · sleeps 6 · 0.7 mi
Revenue $64,936ADR $281Occ ≈ 63%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Sundance Retreat - Pet Friendly Mountaintop Cabin House | 3 bd · 3.5 ba · sleeps 10 | $27,895 | $276 | 28% | — | 0.4 mi | Vrbo |
Awesome Honey Bear Cabin | 3 bd · 3 ba · sleeps 8 | $55,116 | $246 | 61% | 4★ (20) | 0.5 mi | Booking |
Chetola House
| 3 bd · 2.5 ba · sleeps 6 | $20,190 | $188 | 29% | 4.9★ (19) | 0.7 mi | Airbnb |
Sevierville Group-Friendly Condos Apartment
| 3 bd · 3 ba · sleeps 6 | $77,020 | $287 | 74% | 5★ (10) | 0.7 mi | AirbnbVrbo |
Cedars Peak Downtown 2 Condos Apartment | 3 bd · 3 ba · sleeps 6 | $64,936 | $281 | 63% | — | 0.7 mi | Booking |
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 7.99% = 7.24% Freddie Mac 30-yr avg (Oct 29) + 0.75% investor premium
Est. revenue
$51,091
NOI
$26,394
Cash flow /mo
-$2,193
Cash needed
$257,210
Cash-on-cash
-10.2%
ROE (yr 1)
1.0%
Cap rate
3.3%
DSCR
0.50
Year-1 write-off
$170,215
Year-1 tax shield @ 32%
$54,469
Year-1 return on equity
- Cash flow (annual)-$26,321
- Principal paydown$5,016
- Appreciation at%$23,970
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)$10,218
- Platform fees (3% of revenue)$1,533
- Maintenance / capex (5% of revenue)$2,555
- Utilities & supplies$4,200
- HOA$0
- Property tax$1,398
- Insurance (STR-rated)$4,794
Cash needed to close
- Down payment (25%)$199,750
- Closing costs (4.0%)$31,960
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$54,469
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
$595,000
Short-life (5/15-yr)
$144,000 · 24%
Year-1 deduction
$170,000
Year-1 tax shield @ 32%
$54,000
Land 26% (county tax record, market value split) · building $451,000 over 39 years · new furniture $26,000
Based on: 4,000 sq ft, built 1966, 3 bd / 3.5 ba, unfurnished, listing features (deck, patio, game room, fireplace, stone counters, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $101,000 in year 1 (13% short-life, $32,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $10,700
Kitchen cabinetsdefault
$14,600 new × 40% good × 1.84 allocation
- $11,000
Kitchen countertops (stone)listing
$14,900 new × 40% good × 1.84 allocation
- $5,200
Decorative trimdefault
$7,000 new × 40% good × 1.84 allocation
- $300
Mirrorsdefault
$500 new × 40% good × 1.84 allocation
- $900
Shelvingdefault
$1,200 new × 40% good × 1.84 allocation
- $7,400
Window coverings (40)default
$10,000 new × 40% good × 1.84 allocation
- $6,300
Carpet, vinyl & laminate (33% of floors)listing
$8,600 new × 40% good × 1.84 allocation
- $8,400
Kitchen & laundry equipment plumbingdefault
$11,300 new × 40% good × 1.84 allocation
- $5,100
Kitchen, laundry & data equipment electricaldefault
$6,900 new × 40% good × 1.84 allocation
- $4,200
Appliances (range, microwave, dishwasher, refrigerator)listing
$5,700 new × 40% good × 1.84 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $15,100
Paving: driveway & walks (paved)listing
$16,400 new × 50% good × 1.84 allocation
- $11,600
Landscaping (typical)default
$12,600 new × 50% good × 1.84 allocation
- $16,600
Patioslisting
$18,000 new × 50% good × 1.84 allocation
- $41,500
Decks & porches (attached)listing
$45,000 new × 50% good × 1.84 allocation
- $321,100
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$435,400 new × 40% good × 1.84 allocation
- $33,300
Building plumbing & fixturesdefault
$45,100 new × 40% good × 1.84 allocation
- $35,400
Building electrical & lightingdefault
$48,000 new × 40% good × 1.84 allocation
- $33,200
HVACdefault
$45,100 new × 40% good × 1.84 allocation
- $12,700
Hardwood & tile floorsdefault
$17,200 new × 40% good × 1.84 allocation
- $3,900
Fireplaces (2)listing
$5,300 new × 40% good × 1.84 allocation
- $11,100
Septic systemlisting
$12,000 new × 50% good × 1.84 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $84,900 | $84,800 | $500 | $170,200 |
| 2 | $0 | $0 | $11,600 | $11,600 |
| 3 | $0 | $0 | $11,600 | $11,600 |
| 4 | $0 | $0 | $11,600 | $11,600 |
| 5 | $0 | $0 | $11,600 | $11,600 |
| 6+ | $0 | $0 | $403,900 | $403,900 |
| Total | $84,900 | $84,800 | $450,600 | $620,300 |
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.