STR Yield
← Back to deals

Rate 8.07% = 7.32% Freddie Mac 30-yr avg (Oct 22) + 0.75% investor premium

3570 Olde Tyme Way

3570 Olde Tyme Way

Sevierville, TN 37862

$439,000

2 bd · 3 ba · 1,138 sqft · Listed 2d ago

View on Realtor.com →
Negative cash flow

Year built

1997

Sqft

1,138

Lot sqft

39,640

HOA / mo

$38

Furnished

No

List date

2026-10-23T03:05:21.000000Z

Revenue

Annual revenue

$44,298

ADR

$222

Occupancy

55%

Cleaning fees (12 mo)

$8,945

Confidence

Med (55.12), 48 comps

Comp revenue range (p25 / median / p75)

$30,271$39,878$59,744

Median revenue of shown comps: $46,079

  • Mountain Dew } Sleeps 6 - Cozy Authentic Log Cabin

    Cabin · 2 bd · 2 ba · sleeps 6 · 361 ft

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

    Revenue $30,693ADR $198Occ ≈ 42%4.7★ (322)

    AirbnbVrbo

  • Secluded. Pool access & hot tub, but close to town

    Cabin · 2 bd · 2 ba · sleeps 6 · 413 ft

    Revenue $31,413ADR $254Occ ≈ 34%4.8★ (140)

    Airbnb

  • Peek-A-View - Affordable Pet Friendly Cabin

    Cabin · 2 bd · 2.5 ba · sleeps 4 · 459 ft

    • Hot tub
    • Pool
    • A/C
    • Pets OK
    • +5

    Revenue $32,530ADR $239Occ ≈ 37%4.9★ (58)

    AirbnbVrbo

  • Mountain Bearadise Pure Mountain Paradise

    Chalet · 2 bd · 2 ba · sleeps 4 · 469 ft

    Revenue $57,075ADR $236Occ ≈ 66%2★ (1)

    Booking

  • 2 bedroom 2 bath Cabin Gameroom-Wears Valley-Just 5 miles from Parkway

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

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

    Revenue $32,909ADR $186Occ ≈ 48%3.8★ (33)

    VrboBooking

  • Mountain Escape w/Hot Tub, Pool Table & Arcade

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

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

    Revenue $49,193ADR $312Occ ≈ 43%5★ (220)

    AirbnbVrbo

  • Serene Forest Retreat With Hot Tub & Firepit

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

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

    Revenue $61,391ADR $243Occ ≈ 69%5★ (202)

    AirbnbVrbo

  • Peek-A-View

    Chalet · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $33,398ADR $245Occ ≈ 37%—

    Booking

  • Scenic Mountain Views, Hot Tub Retreat, Fire pit

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi

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

    Revenue $19,591ADR $177Occ ≈ 30%4.8★ (14)

    AirbnbBooking

  • Happy Cub Cabin Privacy Galore, 2 Suites & Hot Tub

    Cabin · 2 bd · 2.5 ba · sleeps 5 · 0.2 mi

    Revenue $40,767ADR $186Occ ≈ 60%4.9★ (77)

    AirbnbVrbo

Show 29 more
  • Secluded Luxury 2-Bdrm Log Cabin/Lake/Theatre Room

    Cabin · 2 bd · 2.5 ba · sleeps 7 · 0.2 mi

    Revenue $33,921ADR $265Occ ≈ 35%4.9★ (206)

    AirbnbVrbo

  • Scandinavian Getaway | Cozy Vibe w/ Outdoor Lounge

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.2 mi

    Revenue $55,419ADR $238Occ ≈ 64%4.5★ (13)

    AirbnbVrbo

  • Smoky Bearings Cabin – Modern Mountain Escape!

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.2 mi

    Revenue $32,541ADR $247Occ ≈ 36%5★ (43)

    AirbnbVrboBooking

  • Cozy Cabin with Killer Mountain Views

    Cabin · 2 bd · 3 ba · sleeps 8 · 0.2 mi

    Revenue $75,514ADR $280Occ ≈ 74%4.7★ (6)

    AirbnbVrbo

  • Time Well Waisted Cabin

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.2 mi

    Revenue $30,271ADR $204Occ ≈ 41%4.8★ (165)

    AirbnbVrbo

  • Hot tub, games, and mountain charm

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.2 mi

    Revenue $26,821ADR $211Occ ≈ 35%4.9★ (21)

    AirbnbVrboBooking

  • Prime Location! Hot Tub + Peaceful Pond Views

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $61,980ADR $234Occ ≈ 73%5★ (158)

    AirbnbVrbo

  • Welcome Fall! Hot Tub, Fishing, Peace!

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.2 mi

    Revenue $20,416ADR $186Occ ≈ 30%4.8★ (86)

    AirbnbVrbo

  • Hang Yer Hat - Stunning Views + Luxurious Design!

    Cabin · 2 bd · 3.5 ba · sleeps 6 · 0.2 mi

    Revenue $86,174ADR $354Occ ≈ 67%4.8★ (59)

    AirbnbVrboBooking

  • 2 King Suites, FirePit | 1Gig, HotTub, Views, Pets

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.2 mi

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

    Revenue $46,079ADR $237Occ ≈ 53%4.8★ (319)

    AirbnbVrboBooking

  • Secluded Smoky Mountain Escape - Peaceful, Private

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.3 mi

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

    Revenue $59,744ADR $265Occ ≈ 62%4.9★ (115)

    AirbnbVrbo

  • Secluded Luxury w/ Views of Mt. LeConte & Hot Tub

    Cabin · 2 bd · 3 ba · sleeps 7 · 0.3 mi

    Revenue $80,024ADR $242Occ ≈ 91%5★ (268)

    AirbnbVrbo

  • Cape Cod home with Stunning views of Wears Valley!

    Villa · 2 bd · 2 ba · sleeps 4 · 0.3 mi

    Revenue $25,373ADR $226Occ ≈ 31%4.9★ (124)

    AirbnbVrbo

  • Enjoy mountain life in chic secluded getaway.

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $69,953ADR $274Occ ≈ 70%5★ (253)

    AirbnbVrbo

  • View From Above~ Stunning Views~ Pets Considered!

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.3 mi

    Revenue $75,367ADR $392Occ ≈ 53%4.8★ (219)

    AirbnbVrbo

  • Tyme to Chill: Charming and Cozy with Hot Tub

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.4 mi

    Revenue $48,809ADR $244Occ ≈ 55%5★ (63)

    AirbnbVrboBooking

  • Spring Cove Hideaway - Private Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $46,689ADR $263Occ ≈ 49%4.3★ (61)

    AirbnbVrboBooking

  • *Creekside, Smoky Mountain, family-friendly cabin!

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

    Revenue $58,704ADR $216Occ ≈ 74%5★ (41)

    Delisted

  • Cozy Cabin w/ Hot Tub & Gas Fireplace

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

    Revenue $8,066ADR $260Occ ≈ 8%3.5★ (6)

    Vrbo

  • Peaceful Sanctuary | Dogs Welcome

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $39,878ADR $219Occ ≈ 50%4.6★ (5)

    AirbnbVrbo

  • Cozy Cabin w/ Hot Tub & Gas Fireplace

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

    Revenue $39,087ADR $270Occ ≈ 40%3.7★ (7)

    AirbnbVrbo

  • Delightful Log Cabin with Hot Tub, Pool Table, and Smoky Mountain Views in Sevierville, Tennessee

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

    Revenue $32,558ADR $602Occ ≈ 15%—

    Vrbo

  • A Tyme to Chill

    Vacation home · 2 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $72,716ADR $330Occ ≈ 60%—

    Booking

  • Peaceful 2BR w/MTN Views*Hot Tub*Arcade Games

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.4 mi

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

    Revenue $65,174ADR $250Occ ≈ 71%4.8★ (70)

    AirbnbVrbo

  • Cabin for Your Enjoyment

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi

    Revenue $8,786ADR $2,784Occ ≈ 1%—

    Delisted

  • Picture Perfect: Pet Friendly & Free Tickets

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.5 mi

    Revenue $62,855ADR $239Occ ≈ 72%4.7★ (203)

    AirbnbVrboBooking

  • Mountain View - Wears Valley, Gas Fireplace

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi

    Revenue $34,646ADR $166Occ ≈ 57%4.8★ (16)

    AirbnbVrbo

  • NEW 2021 - Handicap Access., Hot Tub, Air Hockey

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.5 mi

    Revenue $67,818ADR $394Occ ≈ 47%5★ (4)

    AirbnbVrboBooking

  • New Sugar Plum Cabin*Private Pool*Hot Tub*Game Rm

    Cabin · 2 bd · 2.5 ba · sleeps 7 · 0.5 mi

    Revenue $66,740ADR $350Occ ≈ 52%4.9★ (134)

    AirbnbVrbo

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 8.07% = 7.32% Freddie Mac 30-yr avg (Oct 22) + 0.75% investor premium

Est. revenue

$44,298

NOI

$23,259

Cash flow /mo

-$494

Cash needed

$143,310

Cash-on-cash

-4.1%

ROE (yr 1)

6.9%

Cap rate

5.3%

DSCR

0.80

Year-1 write-off

$118,953

Year-1 tax shield @ 32%

$38,065

Year-1 return on equity

  • Cash flow (annual)-$5,926
  • Principal paydown$2,712
  • Appreciation at%$13,170
ROE6.9%

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)$8,860
  • Platform fees (3% of revenue)$1,329
  • Maintenance / capex (5% of revenue)$2,215
  • Utilities & supplies$4,200
  • HOA$456
  • Property tax$1,346
  • Insurance (STR-rated)$2,634

Cash needed to close

  • Down payment (25%)$109,750
  • Closing costs (4.0%)$17,560
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$38,065

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

$377,000

Short-life (5/15-yr)

$103,000 · 27%

Year-1 deduction

$119,000

Year-1 tax shield @ 32%

$38,000

Land 14% (county tax record, market value split) · building $275,000 over 39 years · new furniture $16,000

Based on: 1,138 sq ft, built 1997, 2 bd / 3 ba, unfurnished, listing features (hot tub, deck, fireplace, flooring types, appliance list, septic, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $76,000 in year 1 (16% short-life, $24,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$80,500
  • Kitchen cabinetsdefault

    $8,300 new × 40% good × 3.14 allocation

    $10,400
  • Kitchen countertopsdefault

    $6,800 new × 40% good × 3.14 allocation

    $8,500
  • Decorative trimdefault

    $2,000 new × 40% good × 3.14 allocation

    $2,500
  • Mirrorsdefault

    $500 new × 40% good × 3.14 allocation

    $600
  • Shelvingdefault

    $900 new × 40% good × 3.14 allocation

    $1,100
  • Window coverings (11)default

    $2,800 new × 40% good × 3.14 allocation

    $3,500
  • Carpet, vinyl & laminate (50% of floors)listing

    $3,700 new × 40% good × 3.14 allocation

    $4,600
  • Kitchen & laundry equipment plumbingdefault

    $6,500 new × 42% good × 3.14 allocation

    $8,500
  • Kitchen, laundry & data equipment electricaldefault

    $3,900 new × 42% good × 3.14 allocation

    $5,100
  • Appliances (range, microwave, refrigerator, washer, dryer)listing

    $6,700 new × 40% good × 3.14 allocation

    $8,400
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 3.14 allocation

    $11,300
  • Furniture bought newlisting

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

    $16,000
15-year land improvements$38,100
  • Paving: driveway & walks (paved)default

    $7,000 new × 50% good × 3.14 allocation

    $11,000
  • Landscaping (minimal)listing

    $3,400 new × 50% good × 3.14 allocation

    $5,300
  • Patiosdefault

    $1,100 new × 50% good × 3.14 allocation

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

    $12,800 new × 50% good × 3.14 allocation

    $20,100
Building, 39-year$274,500
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $123,000 new × 52% good × 3.14 allocation

    $199,500
  • Building plumbing & fixturesdefault

    $12,800 new × 42% good × 3.14 allocation

    $16,800
  • Building electrical & lightingdefault

    $11,700 new × 42% good × 3.14 allocation

    $15,400
  • HVACdefault

    $12,800 new × 40% good × 3.14 allocation

    $16,100
  • Hardwood & tile floorsdefault

    $3,700 new × 40% good × 3.14 allocation

    $4,600
  • Fireplacelisting

    $2,600 new × 40% good × 3.14 allocation

    $3,300
  • Septic systemlisting

    $12,000 new × 50% good × 3.14 allocation

    $18,800

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$80,500$38,100$300$119,000
2$0$0$7,000$7,000
3$0$0$7,000$7,000
4$0$0$7,000$7,000
5$0$0$7,000$7,000
6+$0$0$246,100$246,100
Total$80,500$38,100$274,500$393,200

The building's share of the price ($377,000) is 3.1x our depreciated replacement cost of the home ($120,000). 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.