1330 Wild Turkey Way
Sevierville, TN 37876
$419,900
2 bd · 1 ba · 832 sqft · Listed 1d ago
View on Realtor.com →Year built
2002
Sqft
832
Lot sqft
88,427
HOA / mo
None
Furnished
No
List date
2026-10-02T16:37:36.000000Z
Revenue
Annual revenue
$45,054
ADR
$166
Occupancy
74%
Cleaning fees (12 mo)
$5,883
Confidence
Low (28.79), 13 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $19,881
Smoky Mountain Secret By Avada Properties
Vacation home · 2 bd · 1 ba · sleeps 4 · 0.4 mi
Revenue $52,634ADR $170Occ ≈ 85%—
"Fiesta Hills Hideaway" 2 Bedroom Cabin
House · 2 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $37,339ADR $256Occ ≈ 40%—
Fiesta Hills Hideaway 2 Bedroom Cabin Rental
Cabin · 2 bd · 2 ba · sleeps 8 · 0.6 mi
Revenue $963ADR $240Occ ≈ 1%—
Glamping Retreat-Tiny Home+Restored Vintage Camper
Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi
Revenue $14,300ADR $227Occ ≈ 17%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Liam’s Lookout Cabin | 2 bd · 1 ba · sleeps 6 | $30,016 | $164 | 50% | 5★ (15) | 0.3 mi | AirbnbVrbo |
Pine Ridge Chalet | 2 bd · 0 ba · sleeps 4 | $59,182 | $197 | 82% | — | 0.4 mi | Booking |
Smoky Mountain Secret By Avada Properties Vacation home | 2 bd · 1 ba · sleeps 4 | $52,634 | $170 | 85% | — | 0.4 mi | Booking |
Mountain Views - Sleeps 6 - Cozy Cabin | 2 bd · 1 ba · sleeps 6 | $19,164 | $197 | 27% | — | 0.4 mi | AirbnbBooking |
New Year, New Adventures! Book Your Stay Today! Cottage | 2 bd · 1.5 ba · sleeps 5 | $13,437 | $150 | 25% | 4.8★ (24) | 0.5 mi | AirbnbVrbo |
"Fiesta Hills Hideaway" 2 Bedroom Cabin House | 2 bd · 2 ba · sleeps 8 | $37,339 | $256 | 40% | — | 0.5 mi | Airbnb |
Fiesta Hills Hideaway 2 Bedroom Cabin Rental Cabin | 2 bd · 2 ba · sleeps 8 | $963 | $240 | 1% | — | 0.6 mi | Vrbo |
Sleepy Bear Vacation home | 2 bd · 1 ba · sleeps 4 | $20,598 | $0 | — | — | 0.6 mi | Booking |
Restored Vintage Camper & Tiny Home Hot Tub Escape Tiny house | 2 bd · 2 ba · sleeps 6 | $13,543 | $230 | 16% | 5★ (14) | 0.7 mi | AirbnbVrboBooking |
Glamping Retreat-Tiny Home+Restored Vintage Camper Cabin | 2 bd · 2 ba · sleeps 6 | $14,300 | $227 | 17% | — | 0.7 mi | Vrbo |
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 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium
Est. revenue
$45,054
NOI
$24,821
Cash flow /mo
-$249
Cash needed
$137,771
Cash-on-cash
-2.2%
ROE (yr 1)
8.9%
Cap rate
5.9%
DSCR
0.89
Year-1 write-off
$105,933
Year-1 tax shield @ 32%
$33,899
Year-1 return on equity
- Cash flow (annual)-$2,987
- Principal paydown$2,615
- Appreciation at%$12,597
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)$9,011
- Platform fees (3% of revenue)$1,352
- Maintenance / capex (5% of revenue)$2,253
- Utilities & supplies$4,200
- HOA$0
- Property tax$898
- Insurance (STR-rated)$2,519
Cash needed to close
- Down payment (25%)$104,975
- Closing costs (4.0%)$16,796
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$33,899
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
$375,000
Short-life (5/15-yr)
$90,000 · 24%
Year-1 deduction
$106,000
Year-1 tax shield @ 32%
$34,000
Land 11% (county tax record, market value split) · building $285,000 over 39 years · new furniture $16,000
Based on: 832 sq ft, built 2002, 2 bd / 1 ba, unfurnished, listing features (deck, fireplace, flooring types, appliance list, septic, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $64,000 in year 1 (13% short-life, $20,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,500
Kitchen cabinetsdefault
$7,600 new × 40% good × 3.76 allocation
- $9,400
Kitchen countertopsdefault
$6,200 new × 40% good × 3.76 allocation
- $2,200
Decorative trimdefault
$1,500 new × 40% good × 3.76 allocation
- $200
Mirrorsdefault
$200 new × 40% good × 3.76 allocation
- $1,400
Shelvingdefault
$900 new × 40% good × 3.76 allocation
- $3,000
Window coverings (8)default
$2,000 new × 40% good × 3.76 allocation
- $11,600
Kitchen & laundry equipment plumbingdefault
$5,900 new × 52% good × 3.76 allocation
- $7,000
Kitchen, laundry & data equipment electricaldefault
$3,600 new × 52% good × 3.76 allocation
- $7,500
Appliances (range, dishwasher, refrigerator)listing
$5,000 new × 40% good × 3.76 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $11,300
Paving: driveway & walks (paved)default
$6,000 new × 50% good × 3.76 allocation
- $5,400
Landscaping (minimal)listing
$2,900 new × 50% good × 3.76 allocation
- $1,500
Patiosdefault
$800 new × 50% good × 3.76 allocation
- $17,600
Decks & porches (attached)listing
$9,400 new × 50% good × 3.76 allocation
- $202,900
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$89,900 new × 60% good × 3.76 allocation
- $18,200
Building plumbing & fixturesdefault
$9,300 new × 52% good × 3.76 allocation
- $15,300
Building electrical & lightingdefault
$7,800 new × 52% good × 3.76 allocation
- $14,100
HVACdefault
$9,400 new × 40% good × 3.76 allocation
- $8,100
Hardwood & tile floorsdefault
$5,400 new × 40% good × 3.76 allocation
- $4,000
Fireplacelisting
$2,600 new × 40% good × 3.76 allocation
- $22,600
Septic systemlisting
$12,000 new × 50% good × 3.76 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $69,800 | $35,800 | $300 | $105,900 |
| 2 | $0 | $0 | $7,300 | $7,300 |
| 3 | $0 | $0 | $7,300 | $7,300 |
| 4 | $0 | $0 | $7,300 | $7,300 |
| 5 | $0 | $0 | $7,300 | $7,300 |
| 6+ | $0 | $0 | $255,600 | $255,600 |
| Total | $69,800 | $35,800 | $285,100 | $390,700 |
The building's share of the price ($375,000) is 3.8x our depreciated replacement cost of the home ($100,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.
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.