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1330 Wild Turkey Way

1330 Wild Turkey Way

Sevierville, TN 37876

$419,900

2 bd · 1 ba · 832 sqft · Listed 1d ago

View on Realtor.com →
Low confidence

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)

$14,300$30,016$52,634

Median revenue of shown comps: $19,881

  • Liam’s Lookout

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.3 mi

    Revenue $30,016ADR $164Occ ≈ 50%5★ (15)

    AirbnbVrbo

  • Pine Ridge

    Chalet · 2 bd · 0 ba · sleeps 4 · 0.4 mi

    Revenue $59,182ADR $197Occ ≈ 82%—

    Booking

  • Smoky Mountain Secret By Avada Properties

    Vacation home · 2 bd · 1 ba · sleeps 4 · 0.4 mi

    Revenue $52,634ADR $170Occ ≈ 85%—

    Booking

  • Mountain Views - Sleeps 6 - Cozy

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.4 mi

    Revenue $19,164ADR $197Occ ≈ 27%—

    AirbnbBooking

  • New Year, New Adventures! Book Your Stay Today!

    Cottage · 2 bd · 1.5 ba · sleeps 5 · 0.5 mi

    Revenue $13,437ADR $150Occ ≈ 25%4.8★ (24)

    AirbnbVrbo

  • "Fiesta Hills Hideaway" 2 Bedroom Cabin

    House · 2 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $37,339ADR $256Occ ≈ 40%—

    Airbnb

  • Fiesta Hills Hideaway 2 Bedroom Cabin Rental

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.6 mi

    Revenue $963ADR $240Occ ≈ 1%—

    Vrbo

  • Sleepy Bear

    Vacation home · 2 bd · 1 ba · sleeps 4 · 0.6 mi

    Revenue $20,598ADR $0Occ ≈ ——

    Booking

  • Restored Vintage Camper & Tiny Home Hot Tub Escape

    Tiny house · 2 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $13,543ADR $230Occ ≈ 16%5★ (14)

    AirbnbVrboBooking

  • Glamping Retreat-Tiny Home+Restored Vintage Camper

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

    Revenue $14,300ADR $227Occ ≈ 17%—

    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

Financing
Management

Est. revenue

$45,054

NOI

$24,821

Cash flow /mo

$2,068

Cash needed

$452,696

Cash-on-cash (all cash)

5.5%

ROE (yr 1)

8.3%

Cap rate

5.9%

DSCR

—

Year-1 write-off

$105,933

Year-1 tax shield @ 32%

$33,899

Year-1 return on equity

  • Cash flow (annual)$24,821
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$12,597
ROE8.3%

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)$9,011
  • 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

  • Purchase price (all cash)$419,900
  • 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.

5-year property$69,800

  • Kitchen cabinetsdefault

    $7,600 new × 40% good × 3.76 allocation

    $11,500

  • Kitchen countertopsdefault

    $6,200 new × 40% good × 3.76 allocation

    $9,400

  • Decorative trimdefault

    $1,500 new × 40% good × 3.76 allocation

    $2,200

  • Mirrorsdefault

    $200 new × 40% good × 3.76 allocation

    $200

  • Shelvingdefault

    $900 new × 40% good × 3.76 allocation

    $1,400

  • Window coverings (8)default

    $2,000 new × 40% good × 3.76 allocation

    $3,000

  • Kitchen & laundry equipment plumbingdefault

    $5,900 new × 52% good × 3.76 allocation

    $11,600

  • Kitchen, laundry & data equipment electricaldefault

    $3,600 new × 52% good × 3.76 allocation

    $7,000

  • Appliances (range, dishwasher, refrigerator)listing

    $5,000 new × 40% good × 3.76 allocation

    $7,500

  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000
15-year land improvements$35,800

  • Paving: driveway & walks (paved)default

    $6,000 new × 50% good × 3.76 allocation

    $11,300

  • Landscaping (minimal)listing

    $2,900 new × 50% good × 3.76 allocation

    $5,400

  • Patiosdefault

    $800 new × 50% good × 3.76 allocation

    $1,500

  • Decks & porches (attached)listing

    $9,400 new × 50% good × 3.76 allocation

    $17,600
Building, 39-year$285,100

  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $89,900 new × 60% good × 3.76 allocation

    $202,900

  • Building plumbing & fixturesdefault

    $9,300 new × 52% good × 3.76 allocation

    $18,200

  • Building electrical & lightingdefault

    $7,800 new × 52% good × 3.76 allocation

    $15,300

  • HVACdefault

    $9,400 new × 40% good × 3.76 allocation

    $14,100

  • Hardwood & tile floorsdefault

    $5,400 new × 40% good × 3.76 allocation

    $8,100

  • Fireplacelisting

    $2,600 new × 40% good × 3.76 allocation

    $4,000

  • Septic systemlisting

    $12,000 new × 50% good × 3.76 allocation

    $22,600

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
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.