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2760 Cedar Falls Way

2760 Cedar Falls Way

Sevierville, TN 37862

$1,200,000

5 bd · 3 ba · 3,928 sqft · Listed today

View on Realtor.com →

Year built

2005

Sqft

3,928

Lot sqft

26,572

HOA / mo

$112

Furnished

No

List date

2026-10-01T00:11:05.000000Z

Revenue

Annual revenue

$79,107

ADR

$429

Occupancy

51%

Cleaning fees (12 mo)

$11,349

Confidence

Low (46.36), 14 comps

Comp revenue range (p25 / median / p75)

$33,738$68,940$84,208
  • Smokies Luxury Cabin l Theater, Game Room, Hot Tub

    Cabin · 5 bd · 3 ba · sleeps 15 · 433 ft

    Revenue $103,332ADR $591Occ ≈ 48%5★ (126)

    AirbnbVrbo

  • Minutes to Pigeon Forge - Easy Access NO Mtn Roads

    Cabin · 5 bd · 3.5 ba · sleeps 14 · 0.3 mi

    Revenue $112,680ADR $564Occ ≈ 55%4.5★ (9)

    AirbnbVrbo

  • Spacious 5-bedroom cabin in gorgeous Sevierville with AC

    Cabin · 5 bd · 4 ba · sleeps 21 · 0.5 mi

    Revenue $16,462ADR $563Occ ≈ 8%—

    Vrbo

  • Close to Pigeon Forge and Dollywood!

    Cabin · 5 bd · 4 ba · sleeps 16 · 0.6 mi

    Revenue $85,521ADR $547Occ ≈ 43%4.3★ (7)

    AirbnbVrbo

  • Luxe Cabin, Sleep 14・Hot Tub・Games・Wraparound Deck

    Cabin · 5 bd · 4 ba · sleeps 14 · 0.6 mi

    Revenue $65,364ADR $468Occ ≈ 38%5★ (5)

    AirbnbVrboBooking

  • Inspiration Point - Fireside Pet Snuggles, Hot Tub Soaks & Game Nights

    Cabin · 5 bd · 4 ba · sleeps 14 · 0.6 mi

    Revenue $32,269ADR $461Occ ≈ 19%5★ (2)

    Vrbo

  • Mountain View Meadows by American Patriot Getaways

    Vacation home · 5 bd · 2 ba · sleeps 12 · 0.6 mi

    Revenue $80,269ADR $359Occ ≈ 61%5★ (2)

    Booking

  • Bigfoot Themed | Hot Tub | Fire Pit | Mtn Views

    Cabin · 5 bd · 3 ba · sleeps 9 · 0.6 mi

    Revenue $72,516ADR $330Occ ≈ 60%4.8★ (89)

    AirbnbVrboBooking

  • A View to A Dream home

    Vacation home · 5 bd · 3 ba · sleeps 12 · 0.7 mi

    Revenue $76,114ADR $568Occ ≈ 37%—

    Booking

  • Luxury 5BR Mountainview w/ Free Attraction Tickets

    Cabin · 5 bd · 4 ba · sleeps 14 · 0.7 mi

    Revenue $14,624ADR $424Occ ≈ 9%4.8★ (240)

    AirbnbVrbo

Show all 14 comps
  • Spacious Smoky Mountain Cabin

    Cabin · 5 bd · 4 ba · sleeps 12 · 0.7 mi

    Revenue $28,515ADR $770Occ ≈ 10%5★ (8)

    AirbnbVrbo

  • Inspiration Point - Hot Tub-Game Room-Pet Friendly

    Cabin · 5 bd · 4 ba · sleeps 14 · 0.7 mi

    Revenue $43,397ADR $496Occ ≈ 24%4.8★ (5)

    Airbnb

  • Smoky Mountain Bliss-Cubby Bear Cabin

    Cabin · 5 bd · 4 ba · sleeps 10 · 0.7 mi

    Revenue $105,323ADR $502Occ ≈ 57%5★ (47)

    AirbnbVrbo

  • Pet Friendly Cabin in Sevierville, Sleeps 12 - Arcade and Foosball , Hot Tub, Fire Pit - Close to Dollywood

    Vacation home · 5 bd · 4 ba · sleeps 12 · 0.7 mi

    Revenue $38,143ADR $171Occ ≈ 61%4.1★ (20)

    Booking

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

$79,107

NOI

$40,646

Cash flow /mo

$3,387

Cash needed

$1,280,500

Cash-on-cash (all cash)

3.2%

ROE (yr 1)

6.0%

Cap rate

3.4%

DSCR

—

Year-1 write-off

$246,550

Year-1 tax shield @ 32%

$78,896

Year-1 return on equity

  • Cash flow (annual)$40,646
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$36,000
ROE6.0%

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)$15,821
  • Platform fees (3% of revenue)$2,373
  • Maintenance / capex (5% of revenue)$3,955
  • Utilities & supplies$4,200
  • HOA$1,344
  • Property tax$3,567
  • Insurance (STR-rated)$7,200

Cash needed to close

  • Purchase price (all cash)$1,200,000
  • Closing costs (4.0%)$48,000
  • Furnishing (bought new)$32,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$78,896

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

$1,100,000

Short-life (5/15-yr)

$213,000 · 19%

Year-1 deduction

$247,000

Year-1 tax shield @ 32%

$79,000

Land 8% (county tax record, market value split) · building $887,000 over 39 years · new furniture $33,000

Based on: 3,928 sq ft, built 2005, 5 bd / 3 ba, unfurnished, listing features (hot tub, deck, patio, game room, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $157,000 in year 1 (11% short-life, $50,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$131,900
  • Kitchen cabinetsdefault

    $14,400 new × 40% good × 2.46 allocation

    $14,200
  • Kitchen countertopsdefault

    $11,800 new × 40% good × 2.46 allocation

    $11,600
  • Decorative trimdefault

    $6,900 new × 40% good × 2.46 allocation

    $6,800
  • Mirrorsdefault

    $500 new × 40% good × 2.46 allocation

    $400
  • Shelvingdefault

    $1,800 new × 40% good × 2.46 allocation

    $1,800
  • Window coverings (39)default

    $9,800 new × 40% good × 2.46 allocation

    $9,600
  • Carpet, vinyl & laminate (50% of floors)listing

    $12,600 new × 40% good × 2.46 allocation

    $12,400
  • Kitchen & laundry equipment plumbingdefault

    $11,200 new × 58% good × 2.46 allocation

    $16,000
  • Kitchen, laundry & data equipment electricaldefault

    $6,800 new × 58% good × 2.46 allocation

    $9,700
  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)listing

    $8,100 new × 40% good × 2.46 allocation

    $8,000
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.46 allocation

    $8,900
  • Furniture bought newlisting

    $26,500 new × 100% good · bought separately

    $26,500
  • Game-room equipment bought newlisting

    $6,000 new × 100% good · bought separately

    $6,000
15-year land improvements$113,700
  • Paving: driveway & walks (paved)listing

    $13,000 new × 50% good × 2.46 allocation

    $16,000
  • Landscaping (typical)default

    $12,500 new × 50% good × 2.46 allocation

    $15,400
  • Patioslisting

    $17,700 new × 50% good × 2.46 allocation

    $21,800
  • Decks & porches (attached)listing

    $44,200 new × 50% good × 2.46 allocation

    $54,400
  • Gazebo / pergolalisting

    $5,000 new × 50% good × 2.46 allocation

    $6,200
Building, 39-year$887,300
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $426,900 new × 65% good × 2.46 allocation

    $683,400
  • Building plumbing & fixturesdefault

    $44,300 new × 58% good × 2.46 allocation

    $63,300
  • Building electrical & lightingdefault

    $47,100 new × 58% good × 2.46 allocation

    $67,200
  • HVACdefault

    $44,300 new × 40% good × 2.46 allocation

    $43,600
  • Hardwood & tile floorsdefault

    $12,600 new × 40% good × 2.46 allocation

    $12,400
  • Fireplacelisting

    $2,600 new × 40% good × 2.46 allocation

    $2,600
  • Septic systemlisting

    $12,000 new × 50% good × 2.46 allocation

    $14,800

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$131,900$113,700$900$246,600
2$0$0$22,800$22,800
3$0$0$22,800$22,800
4$0$0$22,800$22,800
5$0$0$22,800$22,800
6+$0$0$795,400$795,400
Total$131,900$113,700$887,300$1,132,900

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.