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

3846 Newport Hwy

3846 Newport Hwy

Sevierville, TN 37876

$449,900

3 bd · 2 ba · 1,428 sqft · Listed 4d ago

View on Realtor.com →
Low confidenceEst. land %Negative cash flow

Year built

2026

Sqft

1,428

Lot sqft

26,572

HOA / mo

$0

Furnished

No

List date

2026-11-08T01:41:08.000000Z

Revenue

Annual revenue

$44,386

ADR

$190

Occupancy

64%

Cleaning fees (12 mo)

$7,268

Confidence

Low (37.34), 30 comps

Comp revenue range (p25 / median / p75)

$16,426$36,445$51,766

Median revenue of shown comps: $33,002

  • Cozy 3BR Lake Access w/ Sauna+Hottub+Firepit+Yard!

    Cabin · 3 bd · 3 ba · sleeps 10 · 1.5 mi

    Revenue $15,134ADR $266Occ ≈ 16%4.9★ (33)

    Airbnb

  • La Maison Rouge - Your 3 BR Getaway in the Smokies

    House · 3 bd · 2 ba · sleeps 10 · 1.5 mi

    Revenue $13,579ADR $186Occ ≈ 20%4.8★ (64)

    Airbnb

  • Lakeview Cabin, Hot Tub, Game Rm

    Cabin · 3 bd · 2 ba · sleeps 8 · 1.6 mi

    Revenue $56,108ADR $243Occ ≈ 63%4.6★ (62)

    Airbnb

  • Rustic Elegance: Hot Tub, Grill & Deck w/ Views

    Cabin · 3 bd · 2 ba · sleeps 8 · 1.6 mi

    Revenue $45,622ADR $202Occ ≈ 62%4.5★ (45)

    Airbnb

  • Pine Ridge Retreat w Hot Tub Grill Games More

    Vacation home · 3 bd · 2 ba · sleeps 8 · 1.7 mi

    Revenue $47,604ADR $183Occ ≈ 71%5★ (2)

    Booking

  • Charming Cabin | Hot Tub • Arcade • Fast WiFi

    Cabin · 3 bd · 2 ba · sleeps 10 · 1.7 mi

    Revenue $57,937ADR $258Occ ≈ 62%4.9★ (31)

    Airbnb

  • Relaxing 2BR Retreat Near Douglass Lake

    House · 3 bd · 2 ba · sleeps 8 · 1.7 mi

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

    Revenue $3,211ADR $309Occ ≈ 3%3.6★ (3)

    AirbnbVrbo

  • Lakeview Cabin, Hot Tub, Game Rm

    Vacation home · 3 bd · 2 ba · sleeps 8 · 1.7 mi

    Revenue $52,644ADR $225Occ ≈ 64%5★ (4)

    Booking

  • Serene Cabin w/ Hot Tub & Mountain-Lake Views

    Cabin · 3 bd · 2 ba · sleeps 10 · 1.7 mi

    Revenue $55,134ADR $307Occ ≈ 49%4.9★ (20)

    AirbnbBooking

  • Chalet Amelia Lake View HotTub Fireplace Arcade

    Vacation home · 3 bd · 2 ba · sleeps 9 · 1.7 mi

    Revenue $58,174ADR $269Occ ≈ 59%4.7★ (4)

    Booking

Show 18 more
  • Smoky Mtn Game Haven Overlooking Douglas Lake 3-Bdrm Cabin w/Hot Tub Sevierville

    Cabin · 3 bd · 2 ba · sleeps 10 · 1.7 mi

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

    Revenue $592ADR $272Occ ≈ 1%5★ (1)

    Vrbo

  • Cozy Mountain Retreat - Private Hot Tub & Fire Pit

    Cabin · 3 bd · 2 ba · sleeps 10 · 1.7 mi

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

    Revenue $11,781ADR $218Occ ≈ 15%4.7★ (18)

    AirbnbVrboBooking

  • Brand New Cabin Overlooking Douglas Lake・Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 8 · 1.7 mi

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

    Revenue $49,133ADR $227Occ ≈ 59%4.3★ (39)

    AirbnbVrboBooking

  • Pet-friendly Log Cabin with Hot Tub + Fire Pit

    Cabin · 3 bd · 2 ba · sleeps 8 · 1.7 mi

    Revenue $42,550ADR $200Occ ≈ 58%4.7★ (52)

    Airbnb

  • Log Cabin Hot Tub & Fire Pit Near Pigeon Forge TN

    Cabin · 3 bd · 2 ba · sleeps 6 · 1.7 mi

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

    Revenue $9,758ADR $250Occ ≈ 11%5★ (2)

    AirbnbVrboBooking

  • Lazy Bear Meadow | Dog-Friendly Cabin, Fenced Yard

    House · 3 bd · 2 ba · sleeps 7 · 1.8 mi

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

    Revenue $33,651ADR $206Occ ≈ 45%4.8★ (20)

    AirbnbVrboBooking

  • Insta-worthy Luxury On Douglas Lake

    Cabin · 3 bd · 3 ba · sleeps 9 · 1.8 mi

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

    Revenue $57,655ADR $338Occ ≈ 47%4.2★ (11)

    AirbnbVrbo

  • Entire Cabin: Gatlinburg•Pigeon Forge •Sevierville

    Cabin · 3 bd · 2 ba · sleeps 6 · 1.8 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $31,106ADR $178Occ ≈ 48%4.3★ (23)

    AirbnbVrbo

  • Southern Charm, beautiful cabin close to Pigeon Forge and Gatlinburg

    Cabin · 3 bd · 2 ba · sleeps 8 · 1.8 mi

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

    Revenue $26,384ADR $156Occ ≈ 46%4.9★ (114)

    Vrbo

  • Little Mountain Cabin w/ Hot Tub, Fire Pit, Games

    Cabin · 3 bd · 2 ba · sleeps 6 · 1.8 mi

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

    Revenue $48,793ADR $202Occ ≈ 66%4.5★ (32)

    AirbnbVrboBooking

  • Castaway cove Peaceful lakefront view

    House · 3 bd · 2 ba · sleeps 6 · 1.8 mi

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

    Revenue $42,511ADR $289Occ ≈ 40%4.8★ (13)

    AirbnbVrbo

  • 80 Acre Retreat @ White Chapel Farms

    Farm stay · 3 bd · 2 ba · sleeps 8 · 1.9 mi

    Revenue $20,303ADR $281Occ ≈ 20%5★ (1)

    Delisted

  • 180° Smoky Views | Private 80-Acre Retreat

    Cabin · 3 bd · 2 ba · sleeps 8 · 1.9 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $1,558ADR $133Occ ≈ 3%—

    Vrbo

  • 180° Smoky Views | Private 80-Acre Retreat

    Cabin · 3 bd · 2 ba · sleeps 8 · 1.9 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $15,047ADR $268Occ ≈ 15%5★ (1)

    AirbnbBooking

  • Cedar Creeks by American Patriot Getaways

    Vacation home · 3 bd · 3 ba · sleeps 6 · 2.0 mi

    Revenue $96,405ADR $369Occ ≈ 72%—

    Booking

  • Historic Farmhouse near Dollywood |Pet-Friendly

    House · 3 bd · 2 ba · sleeps 8 · 2.1 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $27,458ADR $219Occ ≈ 34%4.7★ (53)

    Airbnb

  • Woodland Cabin Retreat, Near Douglas Lake, Firepit

    House · 3 bd · 3 ba · sleeps 6 · 2.2 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $31,622ADR $248Occ ≈ 35%4.1★ (9)

    AirbnbVrboBooking

  • Peacewood - Firepit, hot tub, private yard, & more

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 2.2 mi

    Revenue $32,352ADR $209Occ ≈ 42%4.5★ (42)

    AirbnbBooking

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

$44,386

NOI

$24,962

Cash flow /mo

-$379

Cash needed

$149,971

Cash-on-cash

-3.0%

ROE (yr 1)

7.9%

Cap rate

5.5%

DSCR

0.85

Year-1 write-off

$121,216

Year-1 tax shield @ 32%

$38,789

Year-1 return on equity

  • Cash flow (annual)-$4,552
  • Principal paydown$2,858
  • Appreciation at%$13,497
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)$8,877
  • Platform fees (3% of revenue)$1,332
  • Maintenance / capex (5% of revenue)$2,219
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$97
  • Insurance (STR-rated)$2,699

Cash needed to close

  • Down payment (25%)$112,475
  • Closing costs (4.0%)$17,996
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$38,789

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

$382,000

Short-life (5/15-yr)

$101,000 · 27%

Year-1 deduction

$121,000

Year-1 tax shield @ 32%

$39,000

Land 15% (market default, no usable tax-record split) · building $281,000 over 39 years · new furniture $20,000

Based on: 1,428 sq ft, built 2026, 3 bd / 2 ba, unfurnished, listing features (deck, fireplace, stone counters, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $73,000 in year 1 (14% short-life, $23,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$79,200
  • Kitchen cabinetsdefault

    $8,900 new × 100% good × 1.27 allocation

    $11,300
  • Kitchen countertops (stone)listing

    $9,100 new × 100% good × 1.27 allocation

    $11,600
  • Decorative trimdefault

    $2,500 new × 100% good × 1.27 allocation

    $3,200
  • Mirrorsdefault

    $300 new × 100% good × 1.27 allocation

    $400
  • Shelvingdefault

    $1,200 new × 100% good × 1.27 allocation

    $1,500
  • Window coverings (14)default

    $3,500 new × 100% good × 1.27 allocation

    $4,400
  • Carpet, vinyl & laminate (50% of floors)listing

    $4,600 new × 100% good × 1.27 allocation

    $5,800
  • Kitchen & laundry equipment plumbingdefault

    $6,900 new × 100% good × 1.27 allocation

    $8,800
  • Kitchen, laundry & data equipment electricaldefault

    $4,200 new × 100% good × 1.27 allocation

    $5,300
  • Appliances (range, microwave, dishwasher, refrigerator)listing

    $5,700 new × 100% good × 1.27 allocation

    $7,200
  • Furniture bought newlisting

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

    $19,500
15-year land improvements$41,700
  • Paving: driveway & walks (paved)default

    $7,800 new × 100% good × 1.27 allocation

    $9,900
  • Landscaping (typical)default

    $7,500 new × 100% good × 1.27 allocation

    $9,600
  • Patiosdefault

    $1,400 new × 100% good × 1.27 allocation

    $1,800
  • Decks & porches (attached)listing

    $16,100 new × 100% good × 1.27 allocation

    $20,400
Building, 39-year$281,000
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $154,500 new × 100% good × 1.27 allocation

    $196,300
  • Building plumbing & fixturesdefault

    $16,000 new × 100% good × 1.27 allocation

    $20,400
  • Building electrical & lightingdefault

    $15,400 new × 100% good × 1.27 allocation

    $19,500
  • HVACdefault

    $16,100 new × 100% good × 1.27 allocation

    $20,400
  • Hardwood & tile floorsdefault

    $4,600 new × 100% good × 1.27 allocation

    $5,800
  • Fireplacelisting

    $2,600 new × 100% good × 1.27 allocation

    $3,300
  • Septic systemlisting

    $12,000 new × 100% good × 1.27 allocation

    $15,200

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$79,200$41,700$300$121,200
2$0$0$7,200$7,200
3$0$0$7,200$7,200
4$0$0$7,200$7,200
5$0$0$7,200$7,200
6+$0$0$251,900$251,900
Total$79,200$41,700$281,000$401,900

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.