1428 Chapman Hwy

Sevierville, TN 37876

$549,900

5 bd · 4.5 ba · 3,390 sqft · Listed today

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Year built

1987

Sqft

3,390

Lot sqft

53,143

HOA / mo

Furnished

List date

2026-10-26T10:22:43.000000Z

Revenue

Annual revenue

$54,024

ADR

$307

Occupancy

48%

Cleaning fees (12 mo)

$13,205

Confidence

Low (40.11), 13 comps

Comp revenue range (p25 / median / p75)

$19,724$49,160$51,478

Few similar-size comps were found, so all comps are shown.

Median revenue of shown comps: $49,160

Location! Modern Home Near Town w/Hot Tub| Firepit
House · 4 bd · 4 ba · sleeps 12 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +4
Revenue $3,303ADR $412Occ ≈ 2%5★ (2)
Airbnb Vrbo
Dragonfly Cove Reserve • Sleeps 14 • Arcade • NEW!
Cabin · 4 bd · 4 ba · sleeps 14 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +4
Revenue $8,668ADR $325Occ ≈ 7%4.3★ (6)
Airbnb Vrbo
Acorn Lodge - Resort Views & Backyard Mini Golf
Cabin · 4 bd · 4 ba · sleeps 12 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $1,234ADR $246Occ ≈ 1%—
Airbnb Vrbo
Minutes to Dollywood | HotTub | Pets OK, Sleeps 12
Cabin · 4 bd · 4 ba · sleeps 12 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $71,101ADR $311Occ ≈ 63%4.8★ (18)
Airbnb Vrbo
Gorgeous 4BD Retreat Near TOWN! Hot Tub + Fire Pit
Cabin · 4 bd · 4 ba · sleeps 12 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $53,250ADR $290Occ ≈ 50%4.7★ (37)
Airbnb Vrbo
*Amazing 4BD Lodge Near TOWN | Hot Tub + Arcades*
Cabin · 4 bd · 4 ba · sleeps 12 · 0.4 mi
Revenue $49,160ADR $302Occ ≈ 45%5★ (28)
Airbnb
Sleeps 12 | Hot Tub | Arcade | 3 King Suites
Cabin · 5 bd · 4 ba · sleeps 12 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +7
Revenue $51,478ADR $423Occ ≈ 33%4.8★ (35)
Airbnb Vrbo Booking
Arcade, foosball, hot tub, fire pit set in woods
House · 4 bd · 4 ba · sleeps 12 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +6
Revenue $71,892ADR $398Occ ≈ 49%5★ (48)
Airbnb Vrbo
Cabin with Hot Tub and Game Room Near Parkway
House · 4 bd · 4 ba · sleeps 9 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $41,738ADR $330Occ ≈ 35%4.8★ (24)
Airbnb Vrbo
"Acorn Lodge" 4 Bedroom Cabin
House · 4 bd · 4 ba · sleeps 12 · 0.4 mi
Revenue $19,724ADR $420Occ ≈ 13%—
Airbnb

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Location! Modern Home Near Town w/Hot Tub\| Firepit House Hot tub A/C Free parking Pets OK +4	4 bd · 4 ba · sleeps 12	$3,303	$412	2%	5★ (2)	0.3 mi	Airbnb Vrbo
Dragonfly Cove Reserve • Sleeps 14 • Arcade • NEW! Cabin Hot tub A/C Free parking Pets OK +4	4 bd · 4 ba · sleeps 14	$8,668	$325	7%	4.3★ (6)	0.4 mi	Airbnb Vrbo
Acorn Lodge - Resort Views & Backyard Mini Golf Cabin Hot tub A/C Free parking Wifi +4	4 bd · 4 ba · sleeps 12	$1,234	$246	1%	—	0.4 mi	Airbnb Vrbo
Minutes to Dollywood \| HotTub \| Pets OK, Sleeps 12 Cabin Hot tub A/C Free parking Pets OK +5	4 bd · 4 ba · sleeps 12	$71,101	$311	63%	4.8★ (18)	0.4 mi	Airbnb Vrbo
Gorgeous 4BD Retreat Near TOWN! Hot Tub + Fire Pit Cabin Hot tub A/C Free parking Wifi +4	4 bd · 4 ba · sleeps 12	$53,250	$290	50%	4.7★ (37)	0.4 mi	Airbnb Vrbo
Amazing 4BD Lodge Near TOWN \| Hot Tub + Arcades Cabin	4 bd · 4 ba · sleeps 12	$49,160	$302	45%	5★ (28)	0.4 mi	Airbnb
Sleeps 12 \| Hot Tub \| Arcade \| 3 King Suites Cabin Hot tub A/C Free parking Pets OK +7	5 bd · 4 ba · sleeps 12	$51,478	$423	33%	4.8★ (35)	0.4 mi	Airbnb Vrbo Booking
Arcade, foosball, hot tub, fire pit set in woods House Hot tub A/C Free parking Pets OK +6	4 bd · 4 ba · sleeps 12	$71,892	$398	49%	5★ (48)	0.4 mi	Airbnb Vrbo
Cabin with Hot Tub and Game Room Near Parkway House Hot tub A/C Free parking Wifi +4	4 bd · 4 ba · sleeps 9	$41,738	$330	35%	4.8★ (24)	0.4 mi	Airbnb Vrbo
"Acorn Lodge" 4 Bedroom Cabin House	4 bd · 4 ba · sleeps 12	$19,724	$420	13%	—	0.4 mi	Airbnb

Show 3 more

Family Fun:4BD 4BA, Hot Tub, Games
Cabin · 4 bd · 4 ba · sleeps 10 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $48,291ADR $315Occ ≈ 42%5★ (54)
Airbnb Vrbo Booking
*Charming 4BD Lodge Near TOWN! Fire Pit + Hot Tub*
Cabin · 4 bd · 4 ba · sleeps 12 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $50,785ADR $289Occ ≈ 48%4.9★ (32)
Airbnb Vrbo
Modern Mountain Tranquility | POOL! Hot Tub!
Cabin · 4 bd · 4 ba · sleeps 10 · 0.6 mi
Revenue $50,562ADR $470Occ ≈ 29%1★ (1)
Delisted

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Family Fun:4BD 4BA, Hot Tub, Games Cabin Hot tub A/C Free parking Wifi +4	4 bd · 4 ba · sleeps 10	$48,291	$315	42%	5★ (54)	0.4 mi	Airbnb Vrbo Booking
Charming 4BD Lodge Near TOWN! Fire Pit + Hot Tub Cabin Hot tub A/C Free parking Wifi +4	4 bd · 4 ba · sleeps 12	$50,785	$289	48%	4.9★ (32)	0.4 mi	Airbnb Vrbo
Modern Mountain Tranquility \| POOL! Hot Tub! Cabin	4 bd · 4 ba · sleeps 10	$50,562	$470	29%	1★ (1)	0.6 mi	Delisted

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

Purchase priceAlready furnishedTax bracketCount tax savings in returnsOnly if you can use the losses (STR loophole)

Est. revenue

$54,024

NOI

$30,527

Cash flow /mo

$2,544

Cash needed

$598,396

Cash-on-cash (all cash)

5.1%

ROE (yr 1)

7.9%

Cap rate

5.6%

DSCR

—

Year-1 write-off

$131,483

Year-1 tax shield @ 32%

$42,074

Year-1 return on equity

Cash flow (annual)$30,527
Principal paydown (n/a, cash)$0
Appreciation at%$16,497

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)$10,805
Platform fees (3% of revenue)$1,621
Maintenance / capex (5% of revenue)$2,701
Utilities & supplies$4,200
HOA$0
Property tax$871
Insurance (STR-rated)$3,299

Cash needed to close

Purchase price (all cash)$549,900
Closing costs (4.0%)$21,996
Furnishing (bought new)$26,500

Tax savings if the STR loophole applies

Tax shield @ 32%$42,074

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

$472,000

Short-life (5/15-yr)

$105,000 · 22%

Year-1 deduction

$131,000

Year-1 tax shield @ 32%

$42,000

Land 14% (county tax record, market value split) · building $367,000 over 39 years · new furniture $27,000

Based on: 3,390 sq ft, built 1987, 5 bd / 4.5 ba, unfurnished, listing features (deck, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $75,000 in year 1 (10% short-life, $24,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$69,400

Kitchen cabinetsdefault
$13,200 new × 40% good × 1.76 allocation
$9,300
Kitchen countertopsdefault
$10,800 new × 40% good × 1.76 allocation
$7,600
Decorative trimdefault
$5,900 new × 40% good × 1.76 allocation
$4,200
Mirrorsdefault
$600 new × 40% good × 1.76 allocation
$400
Shelvingdefault
$1,800 new × 40% good × 1.76 allocation
$1,300
Window coverings (34)default
$8,500 new × 40% good × 1.76 allocation
$6,000
Kitchen & laundry equipment plumbingdefault
$10,300 new × 40% good × 1.76 allocation
$7,200
Kitchen, laundry & data equipment electricaldefault
$6,200 new × 40% good × 1.76 allocation
$4,400
Appliances (range, microwave, dishwasher)listing
$3,500 new × 40% good × 1.76 allocation
$2,500
Furniture bought newlisting
$26,500 new × 100% good · bought separately
$26,500

15-year land improvements$61,700

Paving: driveway & walks (paved)listing
$12,100 new × 50% good × 1.76 allocation
$10,600
Landscaping (typical)default
$11,600 new × 50% good × 1.76 allocation
$10,200
Patiosdefault
$3,300 new × 50% good × 1.76 allocation
$2,900
Decks & porches (attached)listing
$38,100 new × 50% good × 1.76 allocation
$33,600
Gazebo / pergolalisting
$5,000 new × 50% good × 1.76 allocation
$4,400

Building, 39-year$367,000

Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$368,000 new × 40% good × 1.76 allocation
$259,000
Building plumbing & fixturesdefault
$38,200 new × 40% good × 1.76 allocation
$26,900
Building electrical & lightingdefault
$40,200 new × 40% good × 1.76 allocation
$28,300
HVACdefault
$38,200 new × 40% good × 1.76 allocation
$26,900
Hardwood & tile floorsdefault
$21,800 new × 40% good × 1.76 allocation
$15,400
Septic systemlisting
$12,000 new × 50% good × 1.76 allocation
$10,600

About the property

Sold furnishedGame roomHot tubPoolDeckDrivewayLandscapingFencedIrrigationLong-term rental (27.5-yr)Carpet / vinyl / laminate %Placed in serviceClosing costs $ (adds to basis)Land %Bonus depreciation %

Depreciation schedule: typical cost seg study

Year	5-yr	15-yr	Building	Total
1	$69,400	$61,700	$400	$131,500
2	$0	$0	$9,400	$9,400
3	$0	$0	$9,400	$9,400
4	$0	$0	$9,400	$9,400
5	$0	$0	$9,400	$9,400
6+	$0	$0	$329,000	$329,000
Total	$69,400	$61,700	$367,000	$498,100

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.