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Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium

118 Daryl Way

118 Daryl Way

Sevierville, TN 37876

$689,900

3 bd · 2 ba · 2,068 sqft · Listed 1d ago

View on Realtor.com →
Negative cash flow

Year built

2000

Sqft

2,068

Lot sqft

34,412

HOA / mo

$167

Furnished

No

List date

2026-10-10T17:09:55.000000Z

Revenue

Annual revenue

$45,290

ADR

$242

Occupancy

51%

Cleaning fees (12 mo)

$7,878

Confidence

Med (63.94), 41 comps

Comp revenue range (p25 / median / p75)

$35,260$42,950$54,141

Median revenue of shown comps: $41,471

  • Feb/Mar Disc. Avail-Quiet/Private Cabin, HotTub, Pool Table/Arcade, Douglas Lake

    Cabin · 3 bd · 2 ba · sleeps 8 · 240 ft

    Revenue $42,181ADR $237Occ ≈ 49%5★ (73)

    Vrbo

  • Logan’s Lair

    House · 3 bd · 3 ba · sleeps 6 · 0.1 mi

    Revenue $27,542ADR $253Occ ≈ 30%5★ (21)

    Vrbo

  • Logan's Lair

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.1 mi

    Revenue $36,972ADR $261Occ ≈ 39%5★ (17)

    AirbnbVrboBooking

  • Mountaintop Cabin W/Lake & Pool Access

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.1 mi

    Revenue $50,173ADR $202Occ ≈ 68%4.9★ (96)

    Airbnb

  • Lake Resort Log Cabin + Loaded + 1 Pet stay free!

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.1 mi

    Revenue $68,367ADR $289Occ ≈ 65%4.8★ (434)

    AirbnbVrboBooking

  • 30% discount on Wahoo Ziplines. Lake resort! Views

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

    Revenue $44,391ADR $271Occ ≈ 45%4.8★ (237)

    AirbnbVrbo

  • Enjoy 2 Vacations In One @ Douglas Lake Resort Hot Tub on the Deck Wifi

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.2 mi

    Revenue $24,122ADR $186Occ ≈ 36%4.9★ (329)

    Vrbo

  • Beautiful Mountain/Lake Views! Hot Tub & Pool Tabl

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $57,742ADR $300Occ ≈ 53%4.8★ (161)

    AirbnbVrbo

  • Smoky Mtn Family Cabin Hot Tub, Lake, 2 King Suite

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $56,925ADR $232Occ ≈ 67%5★ (164)

    AirbnbVrbo

  • Mountain Views + Hot Tub | Pizza Oven | 8 Guests

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $28,778ADR $340Occ ≈ 23%5★ (8)

    AirbnbVrbo

Show 26 more
  • 3br/3ba! Stunning Mtn View! Hot Tub | Game Room

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

    Revenue $59,440ADR $277Occ ≈ 59%5★ (221)

    AirbnbVrbo

  • 'Star Lite' Cabin: Hot Tub, Deck & Pool Table

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi

    Revenue $62,552ADR $239Occ ≈ 72%4.5★ (93)

    AirbnbVrboBooking

  • Lake Cabin•2 Masters•HotTub•PoolTable•Pet Friendly

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi

    Revenue $43,718ADR $215Occ ≈ 56%5★ (27)

    AirbnbVrbo

  • Mountain Douglas Lake Getaway!

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $22,164ADR $361Occ ≈ 17%4.8★ (497)

    Airbnb

  • NEW! Amazing Lake VIEWS Log Cabin+Hot Tub+Arcade!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $66,244ADR $291Occ ≈ 62%4.8★ (219)

    AirbnbVrbo

  • Still Water Hideaway Calm Waters, Quiet Escapes

    Chalet · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $35,108ADR $245Occ ≈ 39%4★ (1)

    Booking

  • Whiskey Barrel w Hot Tub Arcade Game Fire Pit

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $44,094ADR $209Occ ≈ 58%4.8★ (2)

    Booking

  • Beautiful Cabin 3/3 w/ game room & hot tub

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.3 mi

    Revenue $40,760ADR $229Occ ≈ 49%4.8★ (181)

    AirbnbVrbo

  • Laketown Bears Retreat: Hot Tub, Lake Access & Fun

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $30,306ADR $260Occ ≈ 32%4.7★ (29)

    Airbnb

  • *Gorgeous 3BD Cabin Near LAKE w/ Pool Access*

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.4 mi

    Revenue $35,716ADR $223Occ ≈ 44%4.7★ (28)

    AirbnbVrbo

  • Lakefront Cabin | Hot tub+Pool | Arcade | Smokies

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.4 mi

    Revenue $61,560ADR $348Occ ≈ 48%5★ (92)

    AirbnbVrbo

  • Incredible Views l Family Friendly I Pool - Hot Tub

    Vacation home · 3 bd · 2 ba · sleeps 10 · 0.4 mi

    Revenue $9,641ADR $378Occ ≈ 7%—

    Booking

  • Incredible Views l Family Friendly I Pool - Hot Tub

    Vacation home · 3 bd · 3 ba · sleeps 10 · 0.4 mi

    Revenue $37,423ADR $303Occ ≈ 34%4.4★ (4)

    Booking

  • Lakefront Cabin in the Smoky Mountains

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $51,003ADR $280Occ ≈ 50%4.5★ (156)

    AirbnbVrboBooking

  • Secluded Cabin near Douglas Lake *FAST WIFI*

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $53,347ADR $222Occ ≈ 66%4.9★ (182)

    AirbnbVrbo

  • Grand View At Douglas Lake*Views*Resort Amenities

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $37,416ADR $282Occ ≈ 36%4.8★ (7)

    AirbnbVrbo

  • Smoky Mtn Lake Escape | Hot Tub | Sleeps 7

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.5 mi

    Revenue $9,350ADR $258Occ ≈ 10%5★ (5)

    AirbnbVrboBooking

  • Cozy Cabin w/ Hot Tub < Half-Mi to Douglas Lake!

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $37,173ADR $201Occ ≈ 51%4.7★ (36)

    AirbnbVrboBooking

  • Grand View at Douglas Lake by American Patriot Getaways

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $56,425ADR $308Occ ≈ 50%—

    Booking

  • SMOKY MTN STAYS OFF LAKE w/POOL & HOT TUB

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.6 mi

    Revenue $37,852ADR $237Occ ≈ 44%4.8★ (119)

    AirbnbVrbo

  • Mountain Crown A-Frame | Lake & Mtn Views + Deck

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.6 mi

    Revenue $18,554ADR $230Occ ≈ 22%4.7★ (16)

    AirbnbVrbo

  • Two cabins to book! 5 bed/3 bath sleeps up to 8!

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.7 mi

    Revenue $52,546ADR $382Occ ≈ 38%5★ (2)

    Airbnb

  • 3 bedroom home lakefront

    House · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $36,129ADR $233Occ ≈ 42%4.9★ (20)

    AirbnbVrbo

  • Lakefront Cabin w/Boat Ramp & Dock, Firepit, Grill

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $44,518ADR $265Occ ≈ 46%4.7★ (87)

    AirbnbVrbo

  • Ruby's Lake House

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $45,938ADR $396Occ ≈ 32%5★ (1)

    Booking

  • Reservoir Rose NEW Private 7 acres on Douglas Lake

    House · 3 bd · 2 ba · sleeps 8 · 0.7 mi

    Revenue $29,542ADR $267Occ ≈ 30%—

    Airbnb

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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium

Est. revenue

$45,290

NOI

$20,547

Cash flow /mo

-$2,139

Cash needed

$225,571

Cash-on-cash

-11.4%

ROE (yr 1)

-0.3%

Cap rate

3.0%

DSCR

0.44

Year-1 write-off

$161,309

Year-1 tax shield @ 32%

$51,619

Year-1 return on equity

  • Cash flow (annual)-$25,664
  • Principal paydown$4,195
  • Appreciation at%$20,697
ROE-0.3%

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)$9,058
  • Platform fees (3% of revenue)$1,359
  • Maintenance / capex (5% of revenue)$2,265
  • Utilities & supplies$4,200
  • HOA$2,004
  • Property tax$1,511
  • Insurance (STR-rated)$4,346

Cash needed to close

  • Down payment (25%)$172,475
  • Closing costs (4.0%)$27,596
  • Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$51,619

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

$554,000

Short-life (5/15-yr)

$135,000 · 24%

Year-1 deduction

$161,000

Year-1 tax shield @ 32%

$52,000

Land 20% (county tax record, market value split) · building $418,000 over 39 years · new furniture $26,000

Based on: 2,068 sq ft, built 2000, 3 bd / 2 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $106,000 in year 1 (14% short-life, $34,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$103,600
  • Kitchen cabinetsdefault

    $10,300 new × 40% good × 2.62 allocation

    $10,800
  • Kitchen countertopsdefault

    $8,500 new × 40% good × 2.62 allocation

    $8,800
  • Decorative trimdefault

    $3,600 new × 40% good × 2.62 allocation

    $3,800
  • Mirrorsdefault

    $300 new × 40% good × 2.62 allocation

    $300
  • Shelvingdefault

    $1,200 new × 40% good × 2.62 allocation

    $1,300
  • Window coverings (21)default

    $5,300 new × 40% good × 2.62 allocation

    $5,500
  • Carpet, vinyl & laminate (100% of floors)listing

    $13,300 new × 40% good × 2.62 allocation

    $13,900
  • Kitchen & laundry equipment plumbingdefault

    $8,000 new × 48% good × 2.62 allocation

    $10,100
  • Kitchen, laundry & data equipment electricaldefault

    $4,900 new × 48% good × 2.62 allocation

    $6,100
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 2.62 allocation

    $8,100
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.62 allocation

    $9,400
  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
  • Game-room equipment bought newlisting

    $6,000 new × 100% good · bought separately

    $6,000
15-year land improvements$57,300
  • Paving: driveway & walks (paved)default

    $9,400 new × 50% good × 2.62 allocation

    $12,300
  • Landscaping (typical)default

    $9,100 new × 50% good × 2.62 allocation

    $11,900
  • Patiosdefault

    $2,000 new × 50% good × 2.62 allocation

    $2,700
  • Decks & porches (attached)listing

    $23,300 new × 50% good × 2.62 allocation

    $30,400
Building, 39-year$418,500
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $224,500 new × 57% good × 2.62 allocation

    $332,600
  • Building plumbing & fixturesdefault

    $23,300 new × 48% good × 2.62 allocation

    $29,200
  • Building electrical & lightingdefault

    $23,500 new × 48% good × 2.62 allocation

    $29,500
  • HVACdefault

    $23,300 new × 40% good × 2.62 allocation

    $24,400
  • Fireplacelisting

    $2,600 new × 40% good × 2.62 allocation

    $2,800

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$103,600$57,300$400$161,300
2$0$0$10,700$10,700
3$0$0$10,700$10,700
4$0$0$10,700$10,700
5$0$0$10,700$10,700
6+$0$0$375,100$375,100
Total$103,600$57,300$418,500$579,300

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.