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Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 15) + 0.75% investor premium

2848 Mountain Blvd

2848 Mountain Blvd

Sevierville, TN 37876

$650,000

4 bd · 2.5 ba · 2,564 sqft · Listed today

View on Realtor.com →
Negative cash flow

Year built

1978

Sqft

2,564

Lot sqft

139,828

HOA / mo

None

Furnished

No

List date

2026-10-22T04:31:27.000000Z

Revenue

Annual revenue

$65,186

ADR

$327

Occupancy

55%

Cleaning fees (12 mo)

$11,995

Confidence

Low (45.54), 46 comps

Comp revenue range (p25 / median / p75)

$38,373$57,404$71,682

Median revenue of shown comps: $49,061

  • 25%OFF~4BR~Views~Hot Tub~10 Min to the Parkway

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $77,246ADR $378Occ ≈ 56%4.9★ (173)

    AirbnbVrbo

  • Grand Mountain View Lodge By Ghosal Lodging

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $59,409ADR $386Occ ≈ 42%4.8★ (45)

    AirbnbVrboBooking

  • Million-Dollar Views • 3 Kings • Near Dollywood

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $58,478ADR $360Occ ≈ 45%5★ (43)

    AirbnbVrbo

  • 3 decks w/ Amazing Mtn Views, Game Rm, Hot Tub!

    Cabin · 4 bd · 3 ba · sleeps 9 · 0.4 mi

    Revenue $38,428ADR $378Occ ≈ 28%4.8★ (132)

    Airbnb

  • 4BR w/Mountain Views! Hot Tub*Sauna*Near Dollywood

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.4 mi

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

    Revenue $49,061ADR $421Occ ≈ 32%5★ (15)

    AirbnbVrbo

  • Game Room + Arcade • Hot-Tub • MTN Views

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $14,007ADR $305Occ ≈ 13%4.8★ (10)

    Airbnb

  • Panoramic MtnVws-EVChgr-PoolTbl-HotTub-NearDlywood

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +6

    Revenue $48,758ADR $328Occ ≈ 41%5★ (30)

    AirbnbVrboBooking

  • Tanasi Retreat Game Room Corn Hole Gas Grill

    House · 4 bd · 2 ba · sleeps 10 · 0.4 mi

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

    Revenue $896ADR $224Occ ≈ 1%4.7★ (3)

    Airbnb

  • Mtn Views • Hot Tub • Game Room • 10 min Dollywood

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.4 mi

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

    Revenue $38,355ADR $343Occ ≈ 31%5★ (30)

    AirbnbVrbo

  • All About The View-great views, close to Dollywood

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $64,072ADR $346Occ ≈ 51%3.9★ (45)

    AirbnbVrboBooking

Show 23 more
  • Million Dollar Views | Dog Friendly Escape

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.4 mi

    Revenue $75,778ADR $354Occ ≈ 59%5★ (163)

    Airbnb

  • Moonlight Getaway- great view, near pigeon forge

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $64,297ADR $359Occ ≈ 49%4.2★ (20)

    AirbnbVrboBooking

  • Dad's Cabin: Mountain Views+pets+Dollywood+Hot Tub

    Cabin · 4 bd · 3 ba · sleeps 9 · 0.5 mi

    Revenue $44,309ADR $296Occ ≈ 41%4.8★ (135)

    Airbnb

  • Majestic Smoky Mountain Views/HotTub/Arcade

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.5 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $71,564ADR $384Occ ≈ 51%4.8★ (127)

    AirbnbVrbo

  • Summit Creek Lodge/Mtn Views/Hot Tub/Sleeps 12

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.5 mi

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

    Revenue $5,351ADR $278Occ ≈ 5%5★ (1)

    AirbnbVrboBooking

  • Mountain Views - Game Room - Seasonal Pool

    Cabin · 4 bd · 3.5 ba · sleeps 12 · 0.5 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +6

    Revenue $58,657ADR $421Occ ≈ 38%4.9★ (10)

    AirbnbVrbo

  • "Mama Bear", Mtn Views+Hot Tub+Pool Table+Theater

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.5 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $84,781ADR $354Occ ≈ 66%5★ (100)

    AirbnbVrbo

  • Fall Getaway• Mountain Views• Hot Tub• Dollywood

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $44,954ADR $347Occ ≈ 35%4.7★ (24)

    AirbnbVrboBooking

  • Amazing Views & 5 miles from Dollywood / Parkway 4 bedroom + game room + WiFi

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.5 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $67,164ADR $388Occ ≈ 47%4.8★ (211)

    Vrbo

  • Superior MTN Views| HotTub | GameRoom | Sleeps 12

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $33,744ADR $336Occ ≈ 28%4.7★ (43)

    AirbnbVrbo

  • Majestic Views | Prime Location | Game Room | 4BR

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $44,364ADR $280Occ ≈ 43%5★ (31)

    Airbnb

  • Mtn Range View-Pet OK-Hot Tub-Close to Attractions

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.5 mi

    Revenue $57,759ADR $313Occ ≈ 51%4.8★ (274)

    AirbnbBooking

  • Mtn VIEWS! Close to Dollywood +Hot tub, Pool table

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.5 mi

    Revenue $57,048ADR $366Occ ≈ 43%4.9★ (214)

    Airbnb

  • Rustic Mountain Cabin w/ Hot Tub & Fireplaces

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.5 mi

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

    Revenue $46,472ADR $373Occ ≈ 34%3★ (3)

    AirbnbVrbo

  • NEW! Modern, Cozy & Fun Fam Gem Game Room HotTub

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $124,460ADR $528Occ ≈ 65%4.8★ (216)

    Airbnb

  • Bear Watch | Views + Hot Tub + Games | Sleeps 12

    House · 4 bd · 3 ba · sleeps 12 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $31,160ADR $395Occ ≈ 22%5★ (17)

    AirbnbVrbo

  • Wild Honey

    House · 4 bd · 3.5 ba · sleeps 12 · 0.5 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +6

    Revenue $71,721ADR $465Occ ≈ 42%5★ (14)

    AirbnbVrbo

  • 10% OFF! Just Renovated | Mountain Views| Location

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.5 mi

    Revenue $14,572ADR $373Occ ≈ 11%4.9★ (227)

    Airbnb

  • Eagle's Perch | MTN views | Hot Tub | Game Room!

    Cabin · 4 bd · 3 ba · sleeps 9 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $22,178ADR $319Occ ≈ 19%4.5★ (10)

    AirbnbVrbo

  • Mountain View • Hot Tub • Dogs OK • Sleeps 12

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.5 mi

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

    Revenue $44,670ADR $361Occ ≈ 34%4.8★ (11)

    AirbnbVrboBooking

  • Rustic Mountain Cabin w/ Hot Tub & Fireplaces

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.6 mi

    Revenue $9,098ADR $424Occ ≈ 6%3★ (1)

    Vrbo

  • Ponderosa by Venture Smoky Mountains

    Vacation home · 4 bd · 3 ba · sleeps 10 · 0.6 mi

    Revenue $65,523ADR $383Occ ≈ 47%4★ (1)

    Booking

  • Cozy 4BD w/ Breathtaking VIEWS! Arcade + HOT TUB!

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.6 mi

    Revenue $64,207ADR $290Occ ≈ 61%4.7★ (125)

    Airbnb

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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 15) + 0.75% investor premium

Est. revenue

$65,186

NOI

$37,570

Cash flow /mo

-$497

Cash needed

$211,500

Cash-on-cash

-2.8%

ROE (yr 1)

8.3%

Cap rate

5.8%

DSCR

0.86

Year-1 write-off

$174,562

Year-1 tax shield @ 32%

$55,860

Year-1 return on equity

  • Cash flow (annual)-$5,969
  • Principal paydown$3,953
  • Appreciation at%$19,500
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)$13,037
  • Platform fees (3% of revenue)$1,956
  • Maintenance / capex (5% of revenue)$3,259
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$1,264
  • Insurance (STR-rated)$3,900

Cash needed to close

  • Down payment (25%)$162,500
  • Closing costs (4.0%)$26,000
  • Furnishing (bought new)$23,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$55,860

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

$609,000

Short-life (5/15-yr)

$151,000 · 25%

Year-1 deduction

$175,000

Year-1 tax shield @ 32%

$56,000

Land 6% (county tax record, market value split) · building $458,000 over 39 years · new furniture $23,000

Based on: 2,564 sq ft, built 1978, 4 bd / 2.5 ba, unfurnished, listing features (deck, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $101,000 in year 1 (13% short-life, $32,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$98,100
  • Kitchen cabinetsdefault

    $11,400 new × 40% good × 2.92 allocation

    $13,400
  • Kitchen countertopsdefault

    $9,300 new × 40% good × 2.92 allocation

    $10,900
  • Decorative trimdefault

    $4,500 new × 40% good × 2.92 allocation

    $5,200
  • Mirrorsdefault

    $300 new × 40% good × 2.92 allocation

    $400
  • Shelvingdefault

    $1,500 new × 40% good × 2.92 allocation

    $1,800
  • Window coverings (26)default

    $6,500 new × 40% good × 2.92 allocation

    $7,600
  • Carpet, vinyl & laminate (50% of floors)listing

    $8,300 new × 40% good × 2.92 allocation

    $9,700
  • Kitchen & laundry equipment plumbingdefault

    $8,900 new × 40% good × 2.92 allocation

    $10,400
  • Kitchen, laundry & data equipment electricaldefault

    $5,400 new × 40% good × 2.92 allocation

    $6,300
  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)listing

    $8,100 new × 40% good × 2.92 allocation

    $9,500
  • Furniture bought newlisting

    $23,000 new × 100% good · bought separately

    $23,000
15-year land improvements$76,000
  • Paving: driveway & walks (paved)default

    $10,500 new × 50% good × 2.92 allocation

    $15,400
  • Landscaping (typical)default

    $10,100 new × 50% good × 2.92 allocation

    $14,800
  • Patiosdefault

    $2,500 new × 50% good × 2.92 allocation

    $3,700
  • Decks & porches (attached)listing

    $28,800 new × 50% good × 2.92 allocation

    $42,200
Building, 39-year$458,400
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $278,400 new × 40% good × 2.92 allocation

    $325,700
  • Building plumbing & fixturesdefault

    $28,900 new × 40% good × 2.92 allocation

    $33,800
  • Building electrical & lightingdefault

    $29,800 new × 40% good × 2.92 allocation

    $34,800
  • HVACdefault

    $28,900 new × 40% good × 2.92 allocation

    $33,800
  • Hardwood & tile floorsdefault

    $8,300 new × 40% good × 2.92 allocation

    $9,700
  • Fireplacelisting

    $2,600 new × 40% good × 2.92 allocation

    $3,100
  • Septic systemlisting

    $12,000 new × 50% good × 2.92 allocation

    $17,500

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$98,100$76,000$500$174,600
2$0$0$11,800$11,800
3$0$0$11,800$11,800
4$0$0$11,800$11,800
5$0$0$11,800$11,800
6+$0$0$410,900$410,900
Total$98,100$76,000$458,400$632,500

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.