1449 Double D Dr
Sevierville, TN 37876
$289,900
3 bd · 2 ba · 1,593 sqft · Listed 1d ago
View on Realtor.com →Year built
1996
Sqft
1,593
Lot sqft
26,572
HOA / mo
None
Furnished
No
List date
2026-09-28T21:41:09.000000Z
Revenue
Annual revenue
$39,232
ADR
$195
Occupancy
55%
Cleaning fees (12 mo)
$9,824
Confidence
Med (61.11), 7 comps
Comp revenue range (p25 / median / p75)
Family Farmhouse on Horse/Cattle Farm
Farm stay · 3 bd · 2 ba · sleeps 10 · 1.7 mi
Revenue $54,285ADR $196Occ ≈ 76%4.9★ (465)
Unique cabin with amazing mountain views, pond access, wifi, & close to shopping
Cabin · 3 bd · 2 ba · sleeps 6 · 2.2 mi
Revenue $36,324ADR $230Occ ≈ 43%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Fall SALE! •Pet Friendly •Mtn Views & Firepit! House | 3 bd · 2.5 ba · sleeps 12 | $50,340 | $235 | 59% | 4.9★ (48) | 0.5 mi | AirbnbVrbo |
Peaceful Sevierville Home w/ Private Hot Tub! House | 3 bd · 3 ba · sleeps 8 | $35,212 | $223 | 43% | 4.4★ (80) | 0.8 mi | AirbnbVrboBooking |
Private Hot Tub: Serene Family Home in Sevierville House | 3 bd · 2.5 ba · sleeps 6 | $17,667 | $270 | 18% | 4.7★ (16) | 1.0 mi | AirbnbVrboBooking |
Family Farmhouse on Horse/Cattle Farm Farm stay | 3 bd · 2 ba · sleeps 10 | $54,285 | $196 | 76% | 4.9★ (465) | 1.7 mi | Airbnb |
Unique Cabin・Mountain View・Hot Tub・Grill・Game Room Cabin | 3 bd · 2 ba · sleeps 6 | $19,047 | $218 | 24% | 4.2★ (11) | 2.2 mi | AirbnbVrboBooking |
Unique cabin with amazing mountain views, pond access, wifi, & close to shopping Cabin | 3 bd · 2 ba · sleeps 6 | $36,324 | $230 | 43% | — | 2.2 mi | Vrbo |
Woodland Chalet - Hike Trails on 6 Private Acres Cabin | 3 bd · 2 ba · sleeps 6 | $43,430 | $201 | 59% | 3.9★ (66) | 2.2 mi | AirbnbVrboBooking |
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 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$39,232
NOI
$21,584
Cash flow /mo
$236
Cash needed
$103,571
Cash-on-cash
2.7%
ROE (yr 1)
13.0%
Cap rate
7.4%
DSCR
1.15
Year-1 write-off
$75,596
Year-1 tax shield @ 32%
$24,191
Year-1 return on equity
- Cash flow (annual)$2,838
- Principal paydown$1,897
- Appreciation at%$8,697
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$7,846
- Platform fees (3% of revenue)$1,177
- Maintenance / capex (5% of revenue)$1,962
- Utilities & supplies$4,200
- HOA$0
- Property tax$724
- Insurance (STR-rated)$1,739
Cash needed to close
- Down payment (25%)$72,475
- Closing costs (4.0%)$11,596
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$24,191
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
$238,000
Short-life (5/15-yr)
$56,000 · 23%
Year-1 deduction
$76,000
Year-1 tax shield @ 32%
$24,000
Land 18% (county tax record, market value split) · building $183,000 over 39 years · new furniture $20,000
Based on: 1,593 sq ft, built 1996, 3 bd / 2 ba, unfurnished, listing features (patio, flooring types, appliance list, septic).
IRS-guide safe-harbor floor: $61,000 in year 1 (17% short-life, $19,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $6,000
Kitchen cabinetsdefault
$9,300 new × 40% good × 1.61 allocation
- $4,900
Kitchen countertopsdefault
$7,600 new × 40% good × 1.61 allocation
- $1,800
Decorative trimdefault
$2,800 new × 40% good × 1.61 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.61 allocation
- $800
Shelvingdefault
$1,200 new × 40% good × 1.61 allocation
- $2,600
Window coverings (16)default
$4,000 new × 40% good × 1.61 allocation
- $6,600
Carpet, vinyl & laminate (100% of floors)listing
$10,300 new × 40% good × 1.61 allocation
- $4,600
Kitchen & laundry equipment plumbingdefault
$7,200 new × 40% good × 1.61 allocation
- $2,800
Kitchen, laundry & data equipment electricaldefault
$4,400 new × 40% good × 1.61 allocation
- $5,200
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)listing
$8,100 new × 40% good × 1.61 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $6,600
Paving: driveway & walks (paved)default
$8,300 new × 50% good × 1.61 allocation
- $6,400
Landscaping (typical)default
$8,000 new × 50% good × 1.61 allocation
- $5,800
Patioslisting
$7,200 new × 50% good × 1.61 allocation
- $1,300
Decks & porches (attached)default
$1,600 new × 50% good × 1.61 allocation
- $138,700
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$172,600 new × 50% good × 1.61 allocation
- $11,500
Building plumbing & fixturesdefault
$17,900 new × 40% good × 1.61 allocation
- $11,200
Building electrical & lightingdefault
$17,500 new × 40% good × 1.61 allocation
- $11,500
HVACdefault
$17,900 new × 40% good × 1.61 allocation
- $9,600
Septic systemlisting
$12,000 new × 50% good × 1.61 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $54,900 | $20,100 | $600 | $75,600 |
| 2 | $0 | $0 | $4,700 | $4,700 |
| 3 | $0 | $0 | $4,700 | $4,700 |
| 4 | $0 | $0 | $4,700 | $4,700 |
| 5 | $0 | $0 | $4,700 | $4,700 |
| 6+ | $0 | $0 | $163,300 | $163,300 |
| Total | $54,900 | $20,100 | $182,600 | $257,600 |
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.