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Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium

2184 Beach Front Dr

2184 Beach Front Dr

Sevierville, TN 37876

$629,000

3 bd · 3 ba · 1,998 sqft · Listed 3d ago

View on Realtor.com →
Low confidenceNegative cash flow

Year built

2023

Sqft

1,998

Lot sqft

19,166

HOA / mo

$30

Furnished

No

List date

2026-10-08T18:47:02.000000Z

Revenue

Annual revenue

$48,963

ADR

$239

Occupancy

56%

Cleaning fees (12 mo)

$7,821

Confidence

Low (38.07), 49 comps

Comp revenue range (p25 / median / p75)

$24,380$40,821$64,608

Median revenue of shown comps: $38,995

  • Hot Tub • Game Room • Fire Table | Family Cabin

    Cabin · 3 bd · 3 ba · sleeps 8 · 23 ft

    Revenue $42,131ADR $280Occ ≈ 41%4.7★ (26)

    Airbnb

  • Sunny Side Up by American Patriot Getaways

    Vacation home · 3 bd · 3 ba · sleeps 6 · 249 ft

    Revenue $34,768ADR $284Occ ≈ 34%—

    Booking

  • Smoky Mountains Cabin w/ Hot Tub, Deck & Views!

    Cabin · 3 bd · 3 ba · sleeps 8 · 269 ft

    Revenue $45,725ADR $249Occ ≈ 50%4.8★ (238)

    AirbnbVrboBooking

  • Gone To Therapy by American Patriot Getaways

    Vacation home · 3 bd · 2 ba · sleeps 6 · 341 ft

    Revenue $90,327ADR $327Occ ≈ 76%—

    Booking

  • Located between Pigeon Forge and Gatlinburg

    Cabin · 3 bd · 3 ba · sleeps 10 · 381 ft

    Revenue $52,242ADR $308Occ ≈ 46%4.2★ (5)

    AirbnbVrbo

  • Smoky Mtn Views | 3 King Suites | Hot Tub + Games

    Cabin · 3 bd · 4 ba · sleeps 10 · 381 ft

    Revenue $10,082ADR $346Occ ≈ 8%5★ (1)

    AirbnbVrbo

  • Panorama by American Patriot Getaways

    Vacation home · 3 bd · 2 ba · sleeps 6 · 436 ft

    Revenue $119,302ADR $361Occ ≈ 91%—

    Booking

  • 3-bedroom cabin in fabulous Sevierville with AC, WiFi

    Cabin · 3 bd · 3 ba · sleeps 6 · 489 ft

    Revenue $8,292ADR $246Occ ≈ 9%—

    Vrbo

  • Bear Mountain Retreat

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

    Revenue $12,420ADR $429Occ ≈ 8%—

    Airbnb

  • Pet friendly log cabin with hot tub, arcade game, and great deck space!

    Chalet · 3 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $32,618ADR $164Occ ≈ 54%4.2★ (2)

    Booking

Show 34 more
  • Pet friendly, hot tub, cozy log cabin sleeps 7, located between Gatlinburg and Pigeon Forge!

    Chalet · 3 bd · 2 ba · sleeps 7 · 0.1 mi

    Revenue $30,999ADR $169Occ ≈ 50%—

    Booking

  • New cabin with its own indoor waterfall!

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

    Revenue $2,461ADR $492Occ ≈ 1%—

    AirbnbVrboBooking

  • Cabin on the Mountain cabin

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $23,967ADR $0Occ ≈ ——

    Booking

  • Bearwatch Your Front-Row Seat to Nature

    Chalet · 3 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $35,594ADR $191Occ ≈ 51%4★ (3)

    Booking

  • Gorgeous Updated Cabin With Awesome Game Room, Hot Tub, And Spa- Like Shower!

    Chalet · 3 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $38,756ADR $188Occ ≈ 56%—

    Booking

  • Sky Harbor Getaway~Hot Tub~Pool Table~Peaceful

    Cabin · 3 bd · 4 ba · sleeps 10 · 0.1 mi

    Revenue $63,723ADR $278Occ ≈ 63%4.8★ (228)

    AirbnbVrboBooking

  • Smoky Mountain Cabin: Hot Tub, Game Room & Views!

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

    Revenue $39,510ADR $232Occ ≈ 47%4.8★ (140)

    AirbnbVrbo

  • Peaceful 3BR GBurg w/Hot Tub + Fireplace* Privacy!

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

    Revenue $69,024ADR $253Occ ≈ 75%5★ (170)

    AirbnbVrbo

  • PrivateMiniGolf~Arcades~HotTub~Family Luxury Cabin

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

    Revenue $25,620ADR $296Occ ≈ 24%4.8★ (22)

    AirbnbVrbo

  • 10 Foot Theater, Pinball, Hot Tub, 350MB+ WIFI

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.2 mi

    Revenue $85,983ADR $314Occ ≈ 75%5★ (258)

    AirbnbVrbo

  • Lighted PuttPutt~HotTub~2Arcades~Kids Love It Here

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

    Revenue $17,804ADR $287Occ ≈ 17%5★ (226)

    AirbnbVrbo

  • Cozy Cub

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $27,861ADR $215Occ ≈ 36%—

    Booking

  • Beary Cozy Cabin by Venture Smoky Mountains

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $58,027ADR $227Occ ≈ 70%4.7★ (10)

    Booking

  • Gatlinburg - Game Room - Hot Tub - WiFi

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

    Revenue $47,617ADR $302Occ ≈ 43%3.4★ (3)

    AirbnbVrbo

  • Lighted Putt Putt-Hot Tub-Arcade~Kids Love It Here

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

    Revenue $58,693ADR $290Occ ≈ 55%5★ (166)

    AirbnbVrbo

  • Family cabin w/hot tub | 2 LED decks & games

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

    Revenue $65,031ADR $238Occ ≈ 75%5★ (146)

    AirbnbVrboBooking

  • Autumn in the Smokies. Beautiful Woodsy Cabin!

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

    Revenue $62,159ADR $339Occ ≈ 50%4.8★ (113)

    AirbnbVrbo

  • Bear Mountain Serenity 3/3

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

    Revenue $22,531ADR $319Occ ≈ 19%—

    AirbnbVrbo

  • Peaceful 3BR w/Hot Tub*Theater*Game Room*Privacy!

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

    Revenue $6,060ADR $529Occ ≈ 3%5★ (2)

    AirbnbVrbo

  • Bear Mountain Serenity

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

    Revenue $19,369ADR $292Occ ≈ 18%—

    AirbnbVrbo

  • Peaceful Cabin • Hot Tub • Game Room • Fire Table

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

    Revenue $35,812ADR $283Occ ≈ 35%4.9★ (28)

    Airbnb

  • Trappers Trace by American Patriot Getaways

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $80,158ADR $288Occ ≈ 76%—

    Booking

  • Cozy getaway retreat

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

    Revenue $3,203ADR $246Occ ≈ 4%3★ (2)

    Airbnb

  • Cabin w/ Game Room|Theater near Pigeon Forge & Gat

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

    Revenue $61,774ADR $309Occ ≈ 55%3.9★ (16)

    AirbnbBooking

  • Fall and Holiday Specials! Sundance Retreat Cabin

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

    Revenue $26,290ADR $237Occ ≈ 30%5★ (11)

    Airbnb

  • Stunning views!Petfriendly22 with Pool table, Free tickets to Dollywood,Anakeesta,Aquarium &more

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $19,832ADR $231Occ ≈ 24%—

    Booking

  • Bears on Beach Front * 3 beds * 2 bath * sleeps 9

    Cabin · 3 bd · 2 ba · sleeps 9 · 0.2 mi

    Revenue $3,741ADR $244Occ ≈ 4%5★ (1)

    AirbnbVrbo

  • Cozy 2 Br slps 6 hot tub, foosball, dog friendly, located near Dollywood and the GSMNP

    Chalet · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $34,297ADR $191Occ ≈ 49%5★ (1)

    Booking

  • Adventure Central, Summer Fun in the Smoky Mtns

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $44,168ADR $220Occ ≈ 55%4.8★ (383)

    Airbnb

  • Moonlight & Magnolias by American Patriot Getaways

    Vacation home · 3 bd · 3 ba · sleeps 6 · 0.2 mi

    Revenue $62,615ADR $281Occ ≈ 61%—

    Booking

  • Cozy Mountain Escape with Game Room & Hot Tub

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

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

    Revenue $39,234ADR $255Occ ≈ 42%4.7★ (38)

    AirbnbVrboBooking

  • Little Woods Cabin Family Friendly with Games

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $47,954ADR $264Occ ≈ 50%3.5★ (2)

    Booking

  • Bears on Beach Front by Avada Properties

    Vacation home · 3 bd · 2 ba · sleeps 9 · 0.2 mi

    Revenue $66,574ADR $259Occ ≈ 70%4.5★ (2)

    Booking

  • Gorgeous 3BD Lodge! HOT TUB- Firepit- GAME CAVE

    Cabin · 3 bd · 2 ba · sleeps 9 · 0.2 mi

    Revenue $84,259ADR $322Occ ≈ 72%5★ (248)

    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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium

Est. revenue

$48,963

NOI

$24,096

Cash flow /mo

-$1,503

Cash needed

$207,910

Cash-on-cash

-8.7%

ROE (yr 1)

2.2%

Cap rate

3.8%

DSCR

0.57

Year-1 write-off

$173,388

Year-1 tax shield @ 32%

$55,484

Year-1 return on equity

  • Cash flow (annual)-$18,036
  • Principal paydown$3,825
  • Appreciation at%$18,870
ROE2.2%

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)$9,793
  • Platform fees (3% of revenue)$1,469
  • Maintenance / capex (5% of revenue)$2,448
  • Utilities & supplies$4,200
  • HOA$360
  • Property tax$2,823
  • Insurance (STR-rated)$3,774

Cash needed to close

  • Down payment (25%)$157,250
  • Closing costs (4.0%)$25,160
  • Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$55,484

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

$609,000

Short-life (5/15-yr)

$147,000 · 24%

Year-1 deduction

$173,000

Year-1 tax shield @ 32%

$55,000

Land 3% (county tax record, market value split) · building $462,000 over 39 years · new furniture $26,000

Based on: 1,998 sq ft, built 2023, 3 bd / 3 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list, septic, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $108,000 in year 1 (13% short-life, $34,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$118,700
  • Kitchen cabinetsdefault

    $10,200 new × 88% good × 1.65 allocation

    $14,800
  • Kitchen countertopsdefault

    $8,300 new × 88% good × 1.65 allocation

    $12,100
  • Decorative trimdefault

    $3,500 new × 88% good × 1.65 allocation

    $5,100
  • Mirrorsdefault

    $500 new × 75% good × 1.65 allocation

    $600
  • Shelvingdefault

    $1,200 new × 88% good × 1.65 allocation

    $1,700
  • Window coverings (20)default

    $5,000 new × 70% good × 1.65 allocation

    $5,800
  • Carpet, vinyl & laminate (100% of floors)listing

    $12,900 new × 75% good × 1.65 allocation

    $15,900
  • Kitchen & laundry equipment plumbingdefault

    $7,900 new × 94% good × 1.65 allocation

    $12,300
  • Kitchen, laundry & data equipment electricaldefault

    $4,800 new × 94% good × 1.65 allocation

    $7,400
  • Appliances (range, microwave, dishwasher, disposal, washer, dryer)listing

    $5,900 new × 75% good × 1.65 allocation

    $7,300
  • Hot tub (freestanding)listing

    $9,000 new × 70% good × 1.65 allocation

    $10,400
  • 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$54,200
  • Paving: driveway & walks (paved)default

    $9,300 new × 88% good × 1.65 allocation

    $13,400
  • Landscaping (minimal)listing

    $4,500 new × 88% good × 1.65 allocation

    $6,500
  • Patiosdefault

    $2,000 new × 88% good × 1.65 allocation

    $2,900
  • Decks & porches (attached)listing

    $22,500 new × 85% good × 1.65 allocation

    $31,500
Building, 39-year$461,500
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $216,700 new × 95% good × 1.65 allocation

    $339,000
  • Building plumbing & fixturesdefault

    $22,500 new × 94% good × 1.65 allocation

    $34,800
  • Building electrical & lightingdefault

    $22,600 new × 94% good × 1.65 allocation

    $35,000
  • HVACdefault

    $22,500 new × 85% good × 1.65 allocation

    $31,500
  • Fireplacelisting

    $2,600 new × 88% good × 1.65 allocation

    $3,800
  • Septic systemlisting

    $12,000 new × 88% good × 1.65 allocation

    $17,400

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$118,700$54,200$500$173,400
2$0$0$11,800$11,800
3$0$0$11,800$11,800
4$0$0$11,800$11,800
5$0$0$11,800$11,800
6+$0$0$413,700$413,700
Total$118,700$54,200$461,500$634,400

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.