3715 Cinnamon Way
Sevierville, TN 37862
$899,900
3 bd · 2.5 ba · 3,309 sqft · Listed 1d ago
View on Realtor.com →Year built
2008
Sqft
3,309
Lot sqft
311,454
HOA / mo
$33
Furnished
No
List date
2026-10-05T17:42:11.000000Z
Revenue
Annual revenue
$69,894
ADR
$293
Occupancy
65%
Cleaning fees (12 mo)
$11,989
Confidence
Med (53.64), 20 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $69,366Checking amenities for 17 listings…
Living Waters Lodge By Avada Properties
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $51,620ADR $226Occ ≈ 63%—
Handcrafted Creekside Cabin and Playhouse
Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi
Revenue $104,569ADR $507Occ ≈ 57%—
Altitude Adjustment by American Patriot Getaways
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $79,191ADR $290Occ ≈ 75%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
*Spacious 3BD Cabin w/ VIEWS! Hot Tub + Games!* Cabin | 3 bd · 3 ba · sleeps 10 | $76,292 | $314 | 67% | 4.9★ (76) | 394 ft | AirbnbVrbo |
Cozy Log Cabin Retreat, Sleeps 10・Hot Tub・Firepit Cabin | 3 bd · 2.5 ba · sleeps 10 | $79,848 | $288 | 76% | 4.7★ (58) | 469 ft | AirbnbVrboBooking |
Living Waters Lodge By Avada Properties Vacation home | 3 bd · 2 ba · sleeps 6 | $51,620 | $226 | 63% | — | 0.1 mi | Booking |
Peaceful 3BR*MTN Views*Hot Tub*Pool Table*Fire Pit Cabin | 3 bd · 2.5 ba · sleeps 10 | $8,757 | $208 | 12% | 5★ (2) | 0.1 mi | AirbnbVrbo |
Bear Creek Lodge Cabin | 3 bd · 3 ba · sleeps 10 | $48,347 | $263 | 50% | 4.8★ (84) | 0.2 mi | AirbnbVrboBooking |
Creekside Cabin • Hot Tub • Game Room • Fire Pit Cabin | 3 bd · 2 ba · sleeps 8 | $28,922 | $246 | 32% | 5★ (17) | 0.2 mi | AirbnbVrbo |
*Creekside Cabin* Playhouse, Bridge, Spa, 3 Acres Cabin | 3 bd · 2 ba · sleeps 6 | $93,553 | $346 | 74% | 5★ (38) | 0.4 mi | AirbnbVrbo |
Handcrafted Creekside Cabin and Playhouse Cabin | 3 bd · 2 ba · sleeps 6 | $104,569 | $507 | 57% | — | 0.4 mi | Vrbo |
Altitude Adjustment by American Patriot Getaways Vacation home | 3 bd · 2 ba · sleeps 6 | $79,191 | $290 | 75% | — | 0.5 mi | Booking |
Ali's Dream Vacation home | 3 bd · 3 ba · sleeps 8 | $31,803 | $1,549 | 6% | — | 0.5 mi | Booking |
Show 8 more
Ali's Dream (3-Bedroom Cabin) with Pool by RedAwning
Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi
Revenue $82,622ADR $351Occ ≈ 64%1★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Ali's Dream (3-Bedroom Cabin) with Pool by RedAwning Cabin | 3 bd · 3 ba · sleeps 8 | $82,622 | $351 | 64% | 1★ (1) | 0.5 mi | Vrbo |
Wears Valley - Views - Games Galore Cabin | 3 bd · 2.5 ba · sleeps 10 | $50,195 | $312 | 44% | 4.5★ (11) | 0.5 mi | AirbnbVrbo |
Alis Dream: Free Tickets, Mtn Views, & Hot Tub Cabin | 3 bd · 3 ba · sleeps 8 | $84,196 | $321 | 72% | 4.8★ (120) | 0.5 mi | AirbnbVrboBooking |
Escape to Firefly Ridge in Sevierville and Cabin | 3 bd · 3 ba · sleeps 9 | $5,535 | $260 | 6% | 5★ (1) | 0.6 mi | AirbnbVrbo |
Amazing Mountain Views Loaded Game Room Cabin | 3 bd · 3 ba · sleeps 8 | $86,051 | $347 | 68% | 5★ (291) | 0.6 mi | AirbnbVrbo |
Almost Heaven Too: A Little Slice of Paradise Cabin | 3 bd · 3 ba · sleeps 8 | $54,859 | $336 | 45% | 4.7★ (3) | 0.6 mi | AirbnbVrbo |
Private Treehouse Getaway w/ HotTub FirePit Views Cabin | 3 bd · 2.5 ba · sleeps 7 | $82,310 | $250 | 90% | 5★ (141) | 0.7 mi | AirbnbVrboBooking |
Bearfeet Retreat - 3.5 miles from park entrance! Cabin | 3 bd · 3 ba · sleeps 10 | $62,440 | $285 | 60% | 4.9★ (109) | 0.7 mi | AirbnbVrboBooking |
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
$69,894
NOI
$36,759
Cash flow /mo
-$1,903
Cash needed
$280,471
Cash-on-cash
-8.1%
ROE (yr 1)
3.5%
Cap rate
4.1%
DSCR
0.62
Year-1 write-off
$121,665
Year-1 tax shield @ 32%
$38,933
Year-1 return on equity
- Cash flow (annual)-$22,839
- Principal paydown$5,605
- Appreciation at%$26,997
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)$13,979
- Platform fees (3% of revenue)$2,097
- Maintenance / capex (5% of revenue)$3,495
- Utilities & supplies$4,200
- HOA$396
- Property tax$3,569
- Insurance (STR-rated)$5,399
Cash needed to close
- Down payment (25%)$224,975
- Closing costs (4.0%)$35,996
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$38,933
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
$751,000
Short-life (5/15-yr)
$101,000 · 14%
Year-1 deduction
$122,000
Year-1 tax shield @ 32%
$39,000
Land 17% (county tax record, market value split) · building $649,000 over 39 years · new furniture $20,000
Based on: 3,309 sq ft, built 2008, 3 bd / 2.5 ba, unfurnished, listing features (fireplace, stone counters, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $92,000 in year 1 (10% short-life, $29,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $10,400
Kitchen cabinetsdefault
$13,100 new × 40% good × 1.99 allocation
- $10,600
Kitchen countertops (stone)listing
$13,300 new × 40% good × 1.99 allocation
- $4,600
Decorative trimdefault
$5,800 new × 40% good × 1.99 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.99 allocation
- $1,000
Shelvingdefault
$1,200 new × 40% good × 1.99 allocation
- $6,600
Window coverings (33)default
$8,300 new × 40% good × 1.99 allocation
- $11,300
Carpet, vinyl & laminate (67% of floors)listing
$14,200 new × 40% good × 1.99 allocation
- $12,900
Kitchen & laundry equipment plumbingdefault
$10,200 new × 64% good × 1.99 allocation
- $7,800
Kitchen, laundry & data equipment electricaldefault
$6,100 new × 64% good × 1.99 allocation
- $6,100
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 1.99 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $11,900
Paving: driveway & walks (paved)default
$11,900 new × 50% good × 1.99 allocation
- $11,400
Landscaping (typical)default
$11,500 new × 50% good × 1.99 allocation
- $3,300
Patiosdefault
$3,300 new × 50% good × 1.99 allocation
- $3,300
Decks & porches (attached)default
$3,300 new × 50% good × 1.99 allocation
- $502,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$360,100 new × 70% good × 1.99 allocation
- $47,600
Building plumbing & fixturesdefault
$37,300 new × 64% good × 1.99 allocation
- $50,000
Building electrical & lightingdefault
$39,200 new × 64% good × 1.99 allocation
- $29,700
HVACdefault
$37,300 new × 40% good × 1.99 allocation
- $5,700
Hardwood & tile floorsdefault
$7,100 new × 40% good × 1.99 allocation
- $2,100
Fireplacelisting
$2,600 new × 40% good × 1.99 allocation
- $12,000
Septic systemlisting
$12,000 new × 50% good × 1.99 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $91,200 | $29,800 | $700 | $121,700 |
| 2 | $0 | $0 | $16,600 | $16,600 |
| 3 | $0 | $0 | $16,600 | $16,600 |
| 4 | $0 | $0 | $16,600 | $16,600 |
| 5 | $0 | $0 | $16,600 | $16,600 |
| 6+ | $0 | $0 | $581,900 | $581,900 |
| Total | $91,200 | $29,800 | $649,200 | $770,100 |
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.