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Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium

3871 Katelyns Ln

3871 Katelyns Ln

Sevierville, TN 37876

$575,000

2 bd · 2 ba · 1,252 sqft · Listed 6d ago

View on Realtor.com →
Est. land %Negative cash flow

Year built

2026

Sqft

1,252

Lot sqft

38,333

HOA / mo

$0

Furnished

No

List date

2026-11-06T19:05:24.000000Z

Revenue

Annual revenue

$54,926

ADR

$220

Occupancy

68%

Cleaning fees (12 mo)

$10,598

Confidence

Low (48.89), 38 comps

Comp revenue range (p25 / median / p75)

$25,683$45,221$58,647

Median revenue of shown comps: $45,221

  • Cozy Cabin W/ FirePit & HotTub!

    Cabin · 2 bd · 2 ba · sleeps 6 · 69 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $77,431ADR $278Occ ≈ 76%4.9★ (106)

    AirbnbVrbo

  • Mountain Escape | Hot Tub + Game Room | Sleeps 8

    Cabin · 2 bd · 3 ba · sleeps 8 · 367 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $10,625ADR $226Occ ≈ 13%4.5★ (7)

    AirbnbVrboBooking

  • A Getaway With A View-Secluded Near Gatlinburg

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

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $43,137ADR $221Occ ≈ 53%4.4★ (13)

    AirbnbVrbo

  • I Do by American Patriot Getaways

    Vacation home · 2 bd · 1 ba · sleeps 4 · 0.1 mi

    Revenue $59,505ADR $251Occ ≈ 65%—

    Booking

  • Once Upon A Time

    Chalet · 2 bd · 1 ba · sleeps 4 · 0.1 mi

    Revenue $21,163ADR $198Occ ≈ 29%—

    Booking

  • Nestled in a Secluded Private Haven

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

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $79,135ADR $248Occ ≈ 87%5★ (138)

    AirbnbVrbo

  • 2BR GameRoom and Hot Tub + Free Tickets

    House · 2 bd · 2 ba · sleeps 7 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $30,420ADR $318Occ ≈ 26%—

    AirbnbVrbo

  • Made In The Shade*SmartTVs*Hot Tub*Cozy*Sleeps 6

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $45,025ADR $212Occ ≈ 58%4.1★ (15)

    AirbnbVrbo

  • Fabulous Cozy & Secluded cabin with Hot Tub & Fireplace Near Dollywood

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.2 mi

    Revenue $4,079ADR $176Occ ≈ 6%—

    Delisted

  • Fall Sale |Treehouse Escape | HotTub | Jacuzzi

    Treehouse · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $6,126ADR $682Occ ≈ 2%5★ (240)

    Airbnb

Show 27 more
  • Out on a Limb by American Patriot Getaways

    Vacation home · 2 bd · 1 ba · sleeps 6 · 0.3 mi

    Revenue $96,708ADR $288Occ ≈ 92%—

    Booking

  • Treehouse · Hot Tub · Jacuzzi · Arcade · Pets

    Treehouse · 2 bd · 1 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $55,629ADR $234Occ ≈ 65%5★ (114)

    AirbnbVrboBooking

  • Free Dollywood Tix/Treehouse/Dog Friendly/Couples

    Treehouse · 2 bd · 1 ba · sleeps 6 · 0.3 mi

    Revenue $15,880ADR $160Occ ≈ 27%4.9★ (16)

    Airbnb

  • Red Maple

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

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +2

    Revenue $22,800ADR $194Occ ≈ 32%4.5★ (201)

    AirbnbVrbo

  • Romantic Getaway | Hot Tub | Games | Dollywood

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $40,280ADR $177Occ ≈ 62%4.7★ (108)

    AirbnbVrbo

  • Pool Table Hottub Gburg & Pigeon Forge 8 miles

    Vacation home · 2 bd · 1 ba · sleeps 4 · 0.4 mi

    Revenue $49,487ADR $223Occ ≈ 61%3.9★ (3)

    Booking

  • Cozy Secluded Cabin w/Hot Tub, Arcade & Fire Place

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $56,294ADR $195Occ ≈ 79%4.8★ (168)

    AirbnbVrboBooking

  • Cozy Cabin near Gatlinburg w/King Bed and Hot Tub!

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $55,846ADR $201Occ ≈ 76%4.9★ (213)

    AirbnbVrbo

  • Firefly Cottage | Hot Tub + Wooded Setting

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $23,137ADR $253Occ ≈ 25%4.8★ (157)

    AirbnbVrbo

  • Newly Renovated Smoky Mountain Cabin

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $28,229ADR $218Occ ≈ 35%5★ (26)

    AirbnbVrbo

  • Secluded-Dog Friendly-Hot Tub-Pool Table-King Bed

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $68,101ADR $246Occ ≈ 76%5★ (264)

    AirbnbVrbo

  • Cabin in the woods w/ fireplace, private hot tub,

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $37,753ADR $176Occ ≈ 59%2.8★ (6)

    Booking

  • Seclusion in the Smokies

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $55,033ADR $200Occ ≈ 75%4.8★ (98)

    Airbnb

  • Fall Escape • Hot Tub • Game Room • Forest Views

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $45,221ADR $188Occ ≈ 66%4.8★ (83)

    AirbnbVrboBooking

  • Secluded and Quaint Cabin with a Hot Tub and Fireplace

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.5 mi

    Revenue $30,752ADR $191Occ ≈ 44%4★ (2)

    Delisted

  • Serene & Private Cabin w Stunning Mountain View!

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $79,149ADR $301Occ ≈ 72%4.9★ (217)

    AirbnbVrboBooking

  • Free Tickets! Mtn Cabin Near Dollywood w/Hot Tub

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $53,303ADR $201Occ ≈ 73%4.9★ (114)

    AirbnbVrbo

  • Fall Views~Pet & Family Friendly~Hot Tub~Fireplace

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +3

    Revenue $59,761ADR $215Occ ≈ 76%4.7★ (244)

    AirbnbVrbo

  • Firepit, hot tub, king beds, arcade, river view!

    Chalet · 2 bd · 2 ba · sleeps 6 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $66,244ADR $329Occ ≈ 55%4.8★ (16)

    AirbnbVrbo

  • Above The Falls #144

    Vacation home · 2 bd · 2 ba · sleeps 4 · 0.6 mi

    Revenue $45,489ADR $151Occ ≈ 83%5★ (1)

    Booking

  • View, Hot Tub & Fire Pit | Pet-Friendly Mtn Cabin

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $62,164ADR $219Occ ≈ 78%5★ (112)

    AirbnbVrboBooking

  • Your Holiday Cabin Is Here • Hot Tub • Pool Table

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

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $72,716ADR $230Occ ≈ 87%5★ (443)

    AirbnbVrbo

  • New! Blissful seclusion~ Private Hot Tub~King Bed

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.7 mi

    Revenue $14,030ADR $207Occ ≈ 19%4.5★ (2)

    Delisted

  • Gorgeous Semi-Private Two Bedroom Cabin Located Ju

    House · 2 bd · 1.5 ba · sleeps 8 · 0.7 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $57,788ADR $227Occ ≈ 70%4★ (115)

    AirbnbVrboBooking

  • Amazing Dreams

    Vacation home · 2 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $22,289ADR $1,519Occ ≈ 4%—

    Booking

  • Amazing Dreams: Secluded/Cozy Retreat/Wooded Views

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +3

    Revenue $34,636ADR $224Occ ≈ 42%4.9★ (84)

    AirbnbVrboBooking

  • Amazing Dreams (2-Bedroom Cabin) by RedAwning

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $13,534ADR $232Occ ≈ 16%4.5★ (2)

    Delisted

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 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium

Est. revenue

$54,926

NOI

$31,744

Cash flow /mo

-$498

Cash needed

$188,750

Cash-on-cash

-3.2%

ROE (yr 1)

7.9%

Cap rate

5.5%

DSCR

0.84

Year-1 write-off

$182,470

Year-1 tax shield @ 32%

$58,390

Year-1 return on equity

  • Cash flow (annual)-$5,976
  • Principal paydown$3,653
  • Appreciation at%$17,250
ROE7.9%

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)$10,985
  • Platform fees (3% of revenue)$1,648
  • Maintenance / capex (5% of revenue)$2,746
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$153
  • Insurance (STR-rated)$3,450

Cash needed to close

  • Down payment (25%)$143,750
  • Closing costs (4.0%)$23,000
  • Furnishing (bought new)$22,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$58,390

No county tax record split for property tax, insurance rate and the land/building split, so those use market defaults — edit the price above; 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

$489,000

Short-life (5/15-yr)

$160,000 · 33%

Year-1 deduction

$182,000

Year-1 tax shield @ 32%

$58,000

Land 15% (market default, no usable tax-record split) · building $329,000 over 39 years · new furniture $22,000

Based on: 1,252 sq ft, built 2026, 2 bd / 2 ba, unfurnished, listing features (hot tub, deck, fence, game room, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $126,000 in year 1 (21% short-life, $40,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$120,800
  • Kitchen cabinetsdefault

    $8,500 new × 100% good × 1.72 allocation

    $14,700
  • Kitchen countertopsdefault

    $7,000 new × 100% good × 1.72 allocation

    $12,000
  • Decorative trimdefault

    $2,200 new × 100% good × 1.72 allocation

    $3,800
  • Mirrorsdefault

    $300 new × 100% good × 1.72 allocation

    $500
  • Shelvingdefault

    $900 new × 100% good × 1.72 allocation

    $1,500
  • Window coverings (13)default

    $3,300 new × 100% good × 1.72 allocation

    $5,600
  • Carpet, vinyl & laminate (100% of floors)listing

    $8,100 new × 100% good × 1.72 allocation

    $13,800
  • Kitchen & laundry equipment plumbingdefault

    $6,600 new × 100% good × 1.72 allocation

    $11,400
  • Kitchen, laundry & data equipment electricaldefault

    $4,000 new × 100% good × 1.72 allocation

    $6,900
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 100% good × 1.72 allocation

    $13,200
  • Hot tub (freestanding)listing

    $9,000 new × 100% good × 1.72 allocation

    $15,400
  • 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$61,300
  • Paving: driveway & walks (paved)listing

    $7,300 new × 100% good × 1.72 allocation

    $12,600
  • Landscaping (typical)default

    $7,100 new × 100% good × 1.72 allocation

    $12,100
  • Patiosdefault

    $1,200 new × 100% good × 1.72 allocation

    $2,100
  • Decks & porches (attached)listing

    $14,100 new × 100% good × 1.72 allocation

    $24,200
  • Fencinglisting

    $6,000 new × 100% good × 1.72 allocation

    $10,300
Building, 39-year$328,600
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $135,600 new × 100% good × 1.72 allocation

    $232,700
  • Building plumbing & fixturesdefault

    $14,000 new × 100% good × 1.72 allocation

    $24,100
  • Building electrical & lightingdefault

    $13,100 new × 100% good × 1.72 allocation

    $22,600
  • HVACdefault

    $14,100 new × 100% good × 1.72 allocation

    $24,200
  • Fireplacelisting

    $2,600 new × 100% good × 1.72 allocation

    $4,500
  • Septic systemlisting

    $12,000 new × 100% good × 1.72 allocation

    $20,600

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$120,800$61,300$400$182,500
2$0$0$8,400$8,400
3$0$0$8,400$8,400
4$0$0$8,400$8,400
5$0$0$8,400$8,400
6+$0$0$294,600$294,600
Total$120,800$61,300$328,600$510,800

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.