4224 Chamberlain Ln
Sevierville, TN 37862
$569,900
2 bd · 2 ba · 1,536 sqft · Listed 5d ago
View on Realtor.com →Year built
2004
Sqft
1,536
Lot sqft
52,272
HOA / mo
None
Furnished
No
List date
2026-09-22T15:47:13Z
Revenue
Annual revenue
$58,282
ADR
$244
Occupancy
65%
Cleaning fees (12 mo)
$10,784
Confidence
Med (58.41), 49 comps
Comp revenue range (p25 / median / p75)
His Amazing Grace by Eden Crest
2 bd · 3 ba · sleeps 10 · 0.1 mi
Revenue —ADR $338Occ ≈ —5★ (4)
—
Enormous Wooden Cabin with Hot-Tub, Game Room and Barbecue in Sevierville, Tennessee
2 bd · 3 ba · sleeps 10 · 0.1 mi
Revenue —ADR $720Occ ≈ ——
—
Campfire Lodge two-bedroom close to Great Smoky Mountain National Park
2 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue —ADR $207Occ ≈ ——
Ain't No Mountain High Enough
2 bd · 2 ba · sleeps 4 · 0.2 mi
Revenue —ADR $645Occ ≈ ——
—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
2BR, views, hot tub, sleeps 10. | 2 bd · 3 ba · sleeps 10 | — | $288 | — | 4.8★ (113) | 135 ft | AirbnbVrbo |
Secluded Cabin | Pool Access | Arcade & Hot Tub | 2 bd · 2 ba · sleeps 6 | — | $224 | — | 4.8★ (169) | 194 ft | AirbnbVrbo |
Mtn View/Dollywood/HotTub/Fireplaces/No Steep Road | 2 bd · 2.5 ba · sleeps 8 | — | $281 | — | 5★ (216) | 236 ft | AirbnbVrbo |
His Amazing Grace by Eden Crest | 2 bd · 3 ba · sleeps 10 | — | $338 | — | 5★ (4) | 0.1 mi | — |
Enormous Wooden Cabin with Hot-Tub, Game Room and Barbecue in Sevierville, Tennessee | 2 bd · 3 ba · sleeps 10 | — | $720 | — | — | 0.1 mi | — |
Campfire Lodge two-bedroom close to Great Smoky Mountain National Park | 2 bd · 2 ba · sleeps 6 | — | $207 | — | — | 0.1 mi | Vrbo |
Bear Haven - Mountain View Cabin with Private Hot | 2 bd · 2 ba · sleeps 6 | — | $217 | — | 4.9★ (106) | 0.2 mi | AirbnbVrbo |
Amazing 2BD Cabin w/ VIEWS! Hot Tub | 2 bd · 2.5 ba · sleeps 6 | — | $224 | — | 5★ (38) | 0.2 mi | AirbnbVrbo |
Ridgeline Hideaway | 2BR Cabin in Wears Valley | 2 bd · 2 ba · sleeps 6 | — | $230 | — | 5★ (18) | 0.2 mi | AirbnbVrbo |
Ain't No Mountain High Enough | 2 bd · 2 ba · sleeps 4 | — | $645 | — | — | 0.2 mi | — |
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
Est. revenue
$58,282
NOI
$32,378
Cash flow /mo
$2,698
Cash needed
$614,696
Cash-on-cash (all cash)
5.3%
ROE (yr 1)
8.0%
Cap rate
5.7%
DSCR
—
Year-1 write-off
$136,713
Year-1 tax shield @ 32%
$43,748
Year-1 return on equity
- Cash flow (annual)$32,378
- Principal paydown (n/a, cash)$0
- Appreciation at%$17,097
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$11,656
- Platform fees (3% of revenue)$1,748
- Maintenance / capex (5% of revenue)$2,914
- Utilities & supplies$4,200
- HOA$0
- Property tax$1,966
- Insurance (STR-rated)$3,419
Cash needed to close
- Purchase price (all cash)$569,900
- Closing costs (4.0%)$22,796
- Furnishing (bought new)$22,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$43,748
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
$491,000
Short-life (5/15-yr)
$114,000 · 23%
Year-1 deduction
$137,000
Year-1 tax shield @ 32%
$44,000
Land 14% (county tax record, market value split) · building $377,000 over 39 years · new furniture $22,000
Based on: 1,536 sq ft, built 2004, 2 bd / 2 ba, unfurnished, listing features (hot tub, deck, patio, game room, fireplace, flooring types, wooded lot).
IRS-guide safe-harbor floor: $90,000 in year 1 (14% short-life, $29,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $10,100
Kitchen cabinetsdefault
$9,200 new × 40% good × 2.76 allocation
- $8,300
Kitchen countertopsdefault
$7,500 new × 40% good × 2.76 allocation
- $3,000
Decorative trimdefault
$2,700 new × 40% good × 2.76 allocation
- $300
Mirrorsdefault
$300 new × 40% good × 2.76 allocation
- $1,000
Shelvingdefault
$900 new × 40% good × 2.76 allocation
- $4,100
Window coverings (15)default
$3,800 new × 40% good × 2.76 allocation
- $11,000
Kitchen & laundry equipment plumbingdefault
$7,100 new × 56% good × 2.76 allocation
- $6,700
Kitchen, laundry & data equipment electricaldefault
$4,300 new × 56% good × 2.76 allocation
- $9,000
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.76 allocation
- $9,900
Hot tub (freestanding)listing
$9,000 new × 40% good × 2.76 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $11,200
Paving: driveway & walks (paved)default
$8,100 new × 50% good × 2.76 allocation
- $5,400
Landscaping (minimal)listing
$3,900 new × 50% good × 2.76 allocation
- $9,500
Patioslisting
$6,900 new × 50% good × 2.76 allocation
- $23,900
Decks & porches (attached)listing
$17,300 new × 50% good × 2.76 allocation
- $291,600
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$166,600 new × 63% good × 2.76 allocation
- $26,700
Building plumbing & fixturesdefault
$17,300 new × 56% good × 2.76 allocation
- $25,900
Building electrical & lightingdefault
$16,700 new × 56% good × 2.76 allocation
- $19,100
HVACdefault
$17,300 new × 40% good × 2.76 allocation
- $10,900
Hardwood & tile floorsdefault
$9,900 new × 40% good × 2.76 allocation
- $2,900
Fireplacelisting
$2,600 new × 40% good × 2.76 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $85,500 | $50,000 | $1,200 | $136,700 |
| 2 | $0 | $0 | $9,700 | $9,700 |
| 3 | $0 | $0 | $9,700 | $9,700 |
| 4 | $0 | $0 | $9,700 | $9,700 |
| 5 | $0 | $0 | $9,700 | $9,700 |
| 6+ | $0 | $0 | $337,200 | $337,200 |
| Total | $85,500 | $50,000 | $377,100 | $512,600 |
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: Georgia disallows 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.