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Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium

3508 Mountain Glenn Way

3508 Mountain Glenn Way

Sevierville, TN 37862

$749,000

3 bd · 2.5 ba · 2,480 sqft · Listed 9d ago

View on Realtor.com →
Negative cash flow

Year built

2012

Sqft

2,480

Lot sqft

40,946

HOA / mo

None

Furnished

No

List date

2026-11-03T18:50:09.000000Z

Revenue

Annual revenue

$72,130

ADR

$261

Occupancy

76%

Cleaning fees (12 mo)

$12,232

Confidence

Low (49.73), 48 comps

Comp revenue range (p25 / median / p75)

$40,562$57,347$76,013

Median revenue of shown comps: $59,139

  • Great views!/Pool Community/pool table/large patio

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 7 ft

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

    Revenue $81,803ADR $255Occ ≈ 88%4.8★ (268)

    AirbnbVrboBooking

  • *Amazing 3BD Lodge w/ HOT TUB! Fire Pit + Arcades*

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.1 mi

    Revenue $61,650ADR $293Occ ≈ 58%4.8★ (59)

    Airbnb

  • Escape to the Smokies – At Park's Edge

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.1 mi

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

    Revenue $94,496ADR $327Occ ≈ 79%5★ (81)

    AirbnbVrboBooking

  • Smokies View Wears Valley Retreat with Hot Tub!

    Vacation home · 3 bd · 3 ba · sleeps 8 · 0.1 mi

    Revenue $6,408ADR $492Occ ≈ 4%1★ (1)

    Booking

  • Smoky Mountain Cabin with Hot Tub and Views

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.1 mi

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

    Revenue $87,656ADR $353Occ ≈ 68%4.9★ (336)

    AirbnbVrbo

  • Panoramic Pointe

    Vacation home · 3 bd · 3 ba · sleeps 8 · 0.1 mi

    Revenue $25,724ADR $0Occ ≈ ——

    Booking

  • Endless Views - Game Room, Arcade, Hot Tub!

    House · 3 bd · 3 ba · sleeps 10 · 0.1 mi

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

    Revenue $1,551ADR $310Occ ≈ 1%4★ (1)

    AirbnbVrboBooking

  • The VIEW ⭐ Private Cabin w/ Panoramic Mountain VIEWS!

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.1 mi

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

    Revenue $89,057ADR $285Occ ≈ 86%4.9★ (194)

    Airbnb

  • Secluded Cabin with Putt-Putt & Views!

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

    Revenue $58,001ADR $283Occ ≈ 56%4★ (22)

    Airbnb

  • Smoky Mtn Cabin w/ Hot Tub+Game Room Near Nat’l Pk

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

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

    Revenue $46,389ADR $257Occ ≈ 49%5★ (30)

    AirbnbVrbo

Show 32 more
  • Private Cozy Cabin | Hot Tub | Pool Table | Hiking

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

    Revenue $68,269ADR $329Occ ≈ 57%4.9★ (112)

    Airbnb

  • Secluded Cabin | Hot Tub, Fire Pit, Games & Views

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

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

    Revenue $2,901ADR $284Occ ≈ 3%5★ (2)

    AirbnbVrbo

  • Amazing 3-bedroom en-suite cabin in Beautiful Wears Valley.

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.2 mi

    Revenue $40,259ADR $282Occ ≈ 39%5★

    Delisted

  • Private*View*2KingSuite*HotTub*FirePit*NationalPrk

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi

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

    Revenue $47,810ADR $318Occ ≈ 41%5★ (100)

    AirbnbVrbo

  • Beautiful MTN Views! 3BR*Hot Tub*Firepit+Fireplace

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi

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

    Revenue $60,277ADR $258Occ ≈ 64%4.9★ (103)

    AirbnbVrbo

  • Family Fall Escape | King Beds| Hot Tub|Fire Pit

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

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

    Revenue $66,125ADR $337Occ ≈ 54%5★ (50)

    AirbnbVrbo

  • Mountain Time! Near Cades Cove & Park Entry

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

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

    Revenue $60,412ADR $298Occ ≈ 56%4.9★ (86)

    AirbnbVrbo

  • MTN Views! Pet Friendly*5 Mins to National Park

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi

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

    Revenue $60,939ADR $234Occ ≈ 71%4.7★ (65)

    AirbnbVrbo

  • Smokey Mountain Views | Hot Tub + Game Room

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

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

    Revenue $48,746ADR $232Occ ≈ 58%4.9★ (163)

    AirbnbVrbo

  • Cozy Cabin + Hot Tub • Decks + Arcade | Mtn Views

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi

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

    Revenue $3,488ADR $283Occ ≈ 3%5★ (1)

    AirbnbVrboBooking

  • Sierras Mountain Retreat by American Patriot Getaways

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $44,554ADR $219Occ ≈ 56%4.8★ (2)

    Booking

  • Mountain & Valley view, this is your place

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi

    Revenue $76,497ADR $293Occ ≈ 72%5★ (167)

    Airbnb

  • Pigeon Forge- Pool access- Fishing- Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

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

    Revenue $44,129ADR $286Occ ≈ 42%5★ (130)

    AirbnbVrbo

  • Treehouse Swim Cabin: Swim Spa, Outdoor Living

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $127,239ADR $425Occ ≈ 82%4.7★ (19)

    AirbnbVrboBooking

  • Secluded Cubs Den Retreat – Sleeps 10, Hot Tub

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

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

    Revenue $65,860ADR $275Occ ≈ 66%5★ (32)

    AirbnbVrboBooking

  • Game Room, Fire Pit & Hot Tub in Forest Escape

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $19,235ADR $239Occ ≈ 22%5★ (62)

    AirbnbBooking

  • 2 Beautiful Cabins in Scenic Wears Valley

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

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

    Revenue $79,803ADR $469Occ ≈ 47%5★ (10)

    AirbnbVrbo

  • 2 Beautiful Cabins in Scenic Wears Valley on almost 4 acres.

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

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

    Revenue $76,548ADR $510Occ ≈ 41%—

    Vrbo

  • "Private Creek Cabin" Easy Access -Great Location

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

    Revenue $74,028ADR $319Occ ≈ 64%5★ (348)

    Airbnb

  • Secluded Luxe 3BR w/ direct Hike Trail into GSMNP

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.5 mi

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

    Revenue $100,628ADR $380Occ ≈ 73%5★ (241)

    AirbnbVrbo

  • Private|Views|Pool|Hiking Trail

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.5 mi

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

    Revenue $118,488ADR $420Occ ≈ 77%4.8★ (54)

    AirbnbVrbo

  • Sleeps 8 w/game room pool table and a Hot tub

    House · 3 bd · 3 ba · sleeps 8 · 0.5 mi

    Revenue $36,710ADR $217Occ ≈ 46%4.8★ (205)

    Airbnb

  • Dollywood Smokies Hot Tub Gameroom Fire Pit Movie

    Dome house · 3 bd · 3 ba · sleeps 10 · 0.5 mi

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

    Revenue $77,505ADR $320Occ ≈ 66%4.9★ (169)

    AirbnbVrboBooking

  • Family Cabin-Great Location-HotTub-WIFI-Games

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi

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

    Revenue $56,692ADR $258Occ ≈ 60%4.8★ (129)

    AirbnbVrbo

  • Cozy Smoky Mountain Cabin Sleeps 6 Hot Tub and

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +2

    Revenue $45,831ADR $295Occ ≈ 43%5★ (19)

    AirbnbVrboBooking

  • A Cowpoke's Dream

    Vacation home · 3 bd · 2 ba · sleeps 10 · 0.5 mi

    Revenue $25,258ADR $1,336Occ ≈ 5%—

    Booking

  • Cowpoke's Dream: Free Attraction Tickets

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.5 mi

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

    Revenue $28,256ADR $293Occ ≈ 26%4.5★ (46)

    AirbnbVrboBooking

  • Heaven's Hideaway

    Chalet · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $53,616ADR $224Occ ≈ 66%—

    Booking

  • Secluded Cabin near heart of Wears Valley

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.5 mi

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

    Revenue $54,439ADR $230Occ ≈ 65%4.9★ (128)

    AirbnbVrbo

  • 3BR w/Hot Tub*Fireplace*MTN Views*Games*Peaceful

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi

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

    Revenue $67,218ADR $248Occ ≈ 74%4.8★ (34)

    AirbnbVrbo

  • Luxury Retreat - Hot Tub, View, Fire Pit, Wi-Fi

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.6 mi

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

    Revenue $51,348ADR $284Occ ≈ 50%5★ (39)

    AirbnbVrboBooking

  • Rustic Luxury~Hot Tub, Fire Pit, Game Room, Views!

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.6 mi

    Revenue $90,615ADR $369Occ ≈ 67%5★ (48)

    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 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium

Est. revenue

$72,130

NOI

$40,921

Cash flow /mo

-$684

Cash needed

$242,710

Cash-on-cash

-3.4%

ROE (yr 1)

7.8%

Cap rate

5.5%

DSCR

0.83

Year-1 write-off

$144,200

Year-1 tax shield @ 32%

$46,144

Year-1 return on equity

  • Cash flow (annual)-$8,214
  • Principal paydown$4,758
  • Appreciation at%$22,470
ROE7.8%

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)$14,426
  • Platform fees (3% of revenue)$2,164
  • Maintenance / capex (5% of revenue)$3,607
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$2,319
  • Insurance (STR-rated)$4,494

Cash needed to close

  • Down payment (25%)$187,250
  • Closing costs (4.0%)$29,960
  • Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$46,144

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

$685,000

Short-life (5/15-yr)

$118,000 · 17%

Year-1 deduction

$144,000

Year-1 tax shield @ 32%

$46,000

Land 9% (county tax record, market value split) · building $567,000 over 39 years · new furniture $26,000

Based on: 2,480 sq ft, built 2012, 3 bd / 2.5 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, appliance list, septic, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $91,000 in year 1 (9% short-life, $29,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$95,600
  • Kitchen cabinetsdefault

    $11,200 new × 44% good × 2.10 allocation

    $10,400
  • Kitchen countertopsdefault

    $9,200 new × 44% good × 2.10 allocation

    $8,500
  • Decorative trimdefault

    $4,300 new × 44% good × 2.10 allocation

    $4,000
  • Mirrorsdefault

    $300 new × 40% good × 2.10 allocation

    $300
  • Shelvingdefault

    $1,200 new × 44% good × 2.10 allocation

    $1,100
  • Window coverings (25)default

    $6,300 new × 40% good × 2.10 allocation

    $5,300
  • Carpet, vinyl & laminate (40% of floors)default

    $6,400 new × 40% good × 2.10 allocation

    $5,400
  • Kitchen & laundry equipment plumbingdefault

    $8,700 new × 72% good × 2.10 allocation

    $13,200
  • Kitchen, laundry & data equipment electricaldefault

    $5,300 new × 72% good × 2.10 allocation

    $8,000
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 2.10 allocation

    $6,500
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.10 allocation

    $7,600
  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
  • Game-room equipment bought newlisting

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

    $6,000
15-year land improvements$48,000
  • Paving: driveway & walks (paved)default

    $10,300 new × 50% good × 2.10 allocation

    $10,800
  • Landscaping (minimal)listing

    $5,000 new × 50% good × 2.10 allocation

    $5,200
  • Patiosdefault

    $2,400 new × 50% good × 2.10 allocation

    $2,600
  • Decks & porches (attached)listing

    $27,900 new × 50% good × 2.10 allocation

    $29,300
Building, 39-year$567,200
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $269,500 new × 77% good × 2.10 allocation

    $434,100
  • Building plumbing & fixturesdefault

    $27,900 new × 72% good × 2.10 allocation

    $42,300
  • Building electrical & lightingdefault

    $28,700 new × 72% good × 2.10 allocation

    $43,400
  • HVACdefault

    $27,900 new × 40% good × 2.10 allocation

    $23,500
  • Hardwood & tile floorsdefault

    $9,600 new × 44% good × 2.10 allocation

    $8,900
  • Fireplacelisting

    $2,600 new × 44% good × 2.10 allocation

    $2,400
  • Septic systemlisting

    $12,000 new × 50% good × 2.10 allocation

    $12,600

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$95,600$48,000$600$144,200
2$0$0$14,500$14,500
3$0$0$14,500$14,500
4$0$0$14,500$14,500
5$0$0$14,500$14,500
6+$0$0$508,400$508,400
Total$95,600$48,000$567,200$710,800

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.