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Rate 7.99% = 7.24% Freddie Mac 30-yr avg (Oct 29) + 0.75% investor premium

1007 Street of Dreams

1007 Street of Dreams

Gatlinburg, TN 37738

$799,000

3 bd · 3 ba · 2,010 sqft · Listed 1d ago

View on Realtor.com →
Negative cash flow

Year built

2020

Sqft

2,010

Lot sqft

20,909

HOA / mo

$300

Furnished

No

List date

2026-11-02T18:50:50.000000Z

Revenue

Annual revenue

$73,929

ADR

$333

Occupancy

61%

Cleaning fees (12 mo)

$11,014

Confidence

Low (43.19), 50 comps

Comp revenue range (p25 / median / p75)

$38,018$67,925$90,053

Median revenue of shown comps: $68,213

  • Cozy Koala Getaway: G'burg's Hidden Gem-Large Hm.

    Chalet · 3 bd · 3 ba · sleeps 10 · 299 ft

    Revenue $85,723ADR $276Occ ≈ 85%4.7★ (104)

    Airbnb

  • The Smoky Mountain Retreat: A 5-Star Dream Escape

    Cabin · 3 bd · 3 ba · sleeps 9 · 338 ft

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

    Revenue $73,446ADR $447Occ ≈ 45%4.8★ (81)

    AirbnbVrbo

  • 5 Mi to DT Gatlinburg・360 Deck・Games・Pool Access

    Cabin · 3 bd · 3.5 ba · sleeps 10 · 479 ft

    Revenue $69,480ADR $326Occ ≈ 58%4.3★ (14)

    AirbnbVrboBooking

  • Kookaburra Oasis - Peaceful Gated Retreat

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

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

    Revenue $55,299ADR $396Occ ≈ 38%4.8★ (115)

    AirbnbVrbo

  • Guest Favorite! Boomerang Cabin | Gated | Sleeps 6

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.1 mi

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

    Revenue $73,833ADR $405Occ ≈ 50%4.8★ (77)

    AirbnbVrbo

  • Victoria: Secluded Cabins Amidst Nature's Beauty

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.1 mi

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

    Revenue $50,030ADR $409Occ ≈ 34%4.7★ (167)

    AirbnbVrbo

  • Toowamba's Upscale Escape - G'burg's Top Cabins

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

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

    Revenue $58,237ADR $396Occ ≈ 40%4.8★ (181)

    AirbnbVrbo

  • 3BR Cabin w/Scenic Views + Free Attraction Tickets

    Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.1 mi

    Revenue $36,635ADR $349Occ ≈ 29%4.3★ (71)

    AirbnbVrboBooking

  • Mt. LeConte Views! 3 King Suites, Hot Tub, Fire Pit, Game Loft Great Location!

    Cabin · 3 bd · 3 ba · sleeps 7 · 0.2 mi

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

    Revenue $94,303ADR $422Occ ≈ 61%5★ (91)

    Vrbo

  • Cozy Chalet w/ a View, Seasonal resort pool,

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

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

    Revenue $86,115ADR $300Occ ≈ 79%4.8★ (56)

    AirbnbVrbo

Show 35 more
  • Amazing Views

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.2 mi

    Revenue $28,438ADR $392Occ ≈ 20%4.7★ (62)

    Delisted

  • Fire Pit & Mountain Views | Near Gatlinburg

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.2 mi

    Revenue $4,796ADR $319Occ ≈ 4%5★ (1)

    AirbnbVrbo

  • Make Great Family Memories! Hot Tub + Location!

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.2 mi

    Revenue $97,231ADR $347Occ ≈ 77%5★ (330)

    AirbnbVrbo

  • Mountain Views, Hot Tub, Bowling, Fire Pit, Grill

    House · 3 bd · 3 ba · sleeps 9 · 0.2 mi

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

    Revenue $98,157ADR $334Occ ≈ 81%5★ (43)

    AirbnbVrbo

  • Freshly Renovated! Pickleball, Hot Tub, & Game Rm!

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.2 mi

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

    Revenue $97,562ADR $376Occ ≈ 71%5★ (69)

    AirbnbVrbo

  • Sunrise 10: New and Fabulous. Best location

    Cabin · 3 bd · 4 ba · sleeps 10 · 0.2 mi

    Revenue $104,138ADR $453Occ ≈ 63%5★ (150)

    Airbnb

  • Sunset: 6 person special

    Cabin · 3 bd · 3.5 ba · sleeps 6 · 0.2 mi

    Revenue $68,992ADR $289Occ ≈ 65%5★ (44)

    AirbnbVrbo

  • NEWLY BUILT Amazing View• Chalet Perfect Location

    Chalet · 3 bd · 3.5 ba · sleeps 10 · 0.2 mi

    Revenue $76,898ADR $384Occ ≈ 55%5★ (220)

    AirbnbVrboBooking

  • 30-Foot Window Wall • Luxury Cabin • Endless Views

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.2 mi

    Revenue $130,898ADR $453Occ ≈ 79%5★ (122)

    AirbnbVrbo

  • Mtn View+5 mi to GSMNP+Kids’ Loft+Fire Pit+Hot Tub

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

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

    Revenue $80,066ADR $306Occ ≈ 72%5★ (208)

    AirbnbVrbo

  • Amazing Views

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.2 mi

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

    Revenue $66,699ADR $327Occ ≈ 56%4.8★ (29)

    AirbnbVrbo

  • MISTY HOLLOW - AMAZING 3 Bed/3 Bath with PERFECT Location! Hot tub, Pool Table!

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

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

    Revenue $68,213ADR $332Occ ≈ 56%5★ (58)

    Vrbo

  • Sunrise: 6 person Special

    Cabin · 3 bd · 4 ba · sleeps 6 · 0.3 mi

    Revenue $55,784ADR $249Occ ≈ 61%5★ (15)

    Airbnb

  • Mtn Time Dog-Frndly • HotTub • MtnView • 2 KSuites

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.3 mi

    Revenue $53,519ADR $296Occ ≈ 50%5★ (16)

    AirbnbVrbo

  • Firefly Creek, Free Tickets, Hot Tub, On a Creek

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.3 mi

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

    Revenue $101,187ADR $413Occ ≈ 67%4.9★ (23)

    AirbnbVrbo

  • Edgewood Retreat – Luxury Cabin in Chalet Village

    Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.3 mi

    Revenue $8,583ADR $232Occ ≈ 10%—

    AirbnbVrboBooking

  • Sunset 10: New One of Kind in the Best Location.

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

    Revenue $104,960ADR $429Occ ≈ 67%5★ (166)

    Airbnb

  • Sweet Serenity in Gatlinburg, TN

    Chalet · 3 bd · 2 ba · sleeps 9 · 0.3 mi

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

    Revenue $27,109ADR $226Occ ≈ 33%4.8★ (215)

    Airbnb

  • 3 BR: Chalet Village, WiFi, Hot Tub, Freet Tickets

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.3 mi

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

    Revenue $67,637ADR $306Occ ≈ 61%4.7★ (123)

    AirbnbVrboBooking

  • Luxury! 3 Masters! Spa Bathrooms! 11 Fireplaces!

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

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

    Revenue $177,697ADR $530Occ ≈ 92%5★ (102)

    AirbnbVrbo

  • Pinecrest 10; Spectacular in the best location.

    Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.3 mi

    Revenue $116,205ADR $459Occ ≈ 69%5★ (244)

    Airbnb

  • *Relaxing 3BD w/ Hot Tub | FirePit + Pool Access*

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.3 mi

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

    Revenue $24,920ADR $283Occ ≈ 24%4.9★ (10)

    AirbnbVrbo

  • Creekside Cabin with Fishing | Fish House, 3 Bed

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

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $47,245ADR $253Occ ≈ 51%4.5★ (75)

    Vrbo

  • Luxury 3 BR w/ Hot Tub, Fire Pit, Outdoor Kitchen, Gazebo

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.3 mi

    Revenue $35,265ADR $315Occ ≈ 31%4.9★ (16)

    Vrbo

  • Custom, Luxury 3 BR w/ Hot Tub, Fire Pit, WiFi

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.3 mi

    Revenue $81,129ADR $292Occ ≈ 76%4.8★ (55)

    AirbnbBooking

  • Pinecrest: 6 person special offer

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.3 mi

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

    Revenue $60,819ADR $250Occ ≈ 67%5★ (69)

    AirbnbVrbo

  • Brand New Cabin w/ Mountain Views & Karaoke

    Cabin · 3 bd · 4 ba · sleeps 9 · 0.3 mi

    Revenue $77,187ADR $398Occ ≈ 53%5★ (90)

    AirbnbVrbo

  • Serenity Sunrise- Mtn VIEWS- Fire Pit- Gameroom

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

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

    Revenue $115,453ADR $485Occ ≈ 65%5★ (126)

    AirbnbVrbo

  • Strollin' Bear: Free Attraction Tickets

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

    Revenue $8,361ADR $348Occ ≈ 7%4.5★ (16)

    Airbnb

  • Luxury Cabin w hot tub + amazing view - Gatlinburg

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.4 mi

    Revenue $2,046ADR $1,023Occ ≈ 1%5★ (53)

    Airbnb

  • Edgewood Retreat - Luxury Theater Room + Hot Tub!

    Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.4 mi

    Revenue $75,832ADR $385Occ ≈ 54%4.5★ (34)

    AirbnbVrboBooking

  • Sunset Cove - Sleeps 8-10 - Quiet 3-bed - Quick access Gatlinburg & Pigeon Forge

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

    Revenue $2,086ADR $298Occ ≈ 2%—

    Delisted

  • Strollin' Bear

    Vacation home · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $42,165ADR $255Occ ≈ 45%4★ (2)

    Booking

  • Strollin' Bear: Free Attraction Tickets, Hot Tub, Arcade Game, Pool Access & Mountain Views

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

    Revenue $31,362ADR $288Occ ≈ 30%3.4★ (12)

    Booking

  • Sunset Cove, 3-bed, Hot Tub! Arcade & Bunks!

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

    Revenue $11,832ADR $261Occ ≈ 12%4.8★ (8)

    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 7.99% = 7.24% Freddie Mac 30-yr avg (Oct 29) + 0.75% investor premium

Est. revenue

$73,929

NOI

$38,684

Cash flow /mo

-$1,169

Cash needed

$251,210

Cash-on-cash

-5.6%

ROE (yr 1)

6.0%

Cap rate

4.8%

DSCR

0.73

Year-1 write-off

$168,160

Year-1 tax shield @ 32%

$53,811

Year-1 return on equity

  • Cash flow (annual)-$14,031
  • Principal paydown$5,016
  • Appreciation at%$23,970
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)$14,786
  • Platform fees (3% of revenue)$2,218
  • Maintenance / capex (5% of revenue)$3,696
  • Utilities & supplies$4,200
  • HOA$3,600
  • Property tax$1,951
  • Insurance (STR-rated)$4,794

Cash needed to close

  • Down payment (25%)$199,750
  • Closing costs (4.0%)$31,960
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$53,811

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

$690,000

Short-life (5/15-yr)

$148,000 · 21%

Year-1 deduction

$168,000

Year-1 tax shield @ 32%

$54,000

Land 14% (county tax record, market value split) · building $542,000 over 39 years · new furniture $20,000

Based on: 2,010 sq ft, built 2020, 3 bd / 3 ba, unfurnished, listing features (deck, patio, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $100,000 in year 1 (12% short-life, $32,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$94,100
  • Kitchen cabinetsdefault

    $10,200 new × 76% good × 2.01 allocation

    $15,600
  • Kitchen countertopsdefault

    $8,400 new × 76% good × 2.01 allocation

    $12,800
  • Decorative trimdefault

    $3,500 new × 76% good × 2.01 allocation

    $5,400
  • Mirrorsdefault

    $500 new × 50% good × 2.01 allocation

    $500
  • Shelvingdefault

    $1,200 new × 76% good × 2.01 allocation

    $1,800
  • Window coverings (20)default

    $5,000 new × 40% good × 2.01 allocation

    $4,000
  • Carpet, vinyl & laminate (33% of floors)listing

    $4,300 new × 50% good × 2.01 allocation

    $4,300
  • Kitchen & laundry equipment plumbingdefault

    $7,900 new × 88% good × 2.01 allocation

    $14,000
  • Kitchen, laundry & data equipment electricaldefault

    $4,800 new × 88% good × 2.01 allocation

    $8,500
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 50% good × 2.01 allocation

    $7,700
  • Furniture bought newlisting

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

    $19,500
15-year land improvements$73,500
  • Paving: driveway & walks (paved)default

    $9,300 new × 76% good × 2.01 allocation

    $14,200
  • Landscaping (typical)default

    $8,900 new × 76% good × 2.01 allocation

    $13,700
  • Patioslisting

    $9,000 new × 76% good × 2.01 allocation

    $13,800
  • Decks & porches (attached)listing

    $22,600 new × 70% good × 2.01 allocation

    $31,800
Building, 39-year$541,800
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $218,000 new × 90% good × 2.01 allocation

    $394,200
  • Building plumbing & fixturesdefault

    $22,600 new × 88% good × 2.01 allocation

    $40,000
  • Building electrical & lightingdefault

    $22,800 new × 88% good × 2.01 allocation

    $40,200
  • HVACdefault

    $22,600 new × 70% good × 2.01 allocation

    $31,900
  • Hardwood & tile floorsdefault

    $8,600 new × 76% good × 2.01 allocation

    $13,200
  • Fireplacelisting

    $2,600 new × 76% good × 2.01 allocation

    $4,000
  • Septic systemlisting

    $12,000 new × 76% good × 2.01 allocation

    $18,300

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$94,100$73,500$600$168,200
2$0$0$13,900$13,900
3$0$0$13,900$13,900
4$0$0$13,900$13,900
5$0$0$13,900$13,900
6+$0$0$485,700$485,700
Total$94,100$73,500$541,800$709,400

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.