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

1630 Ridgecrest Dr

1630 Ridgecrest Dr

Sevierville, TN 37876

$599,925

3 bd · 2.5 ba · 1,400 sqft · Listed 2d ago

View on Realtor.com →
Negative cash flow

Year built

1994

Sqft

1,400

Lot sqft

25,265

HOA / mo

$0

Furnished

No

List date

2026-10-09T15:42:56.000000Z

Revenue

Annual revenue

$46,415

ADR

$230

Occupancy

55%

Cleaning fees (12 mo)

$6,587

Confidence

Low (48.13), 49 comps

Comp revenue range (p25 / median / p75)

$32,853$45,181$62,258

Median revenue of shown comps: $44,719

  • HidTreasRetr: Secluded*Pets*HotTub*Games*Wifi

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 108 ft

    Revenue $21,454ADR $397Occ ≈ 15%3.4★ (3)

    AirbnbVrbo

  • *Relaxing 3BD Cabin w/ HOT TUB! Fireplace + BBQ*

    Cabin · 3 bd · 2 ba · sleeps 9 · 0.1 mi

    Revenue $50,629ADR $263Occ ≈ 53%4.3★ (11)

    AirbnbVrbo

  • Yes, Deer by American Patriot Getaways

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

    Revenue $77,344ADR $277Occ ≈ 76%—

    Booking

  • Lofty Pines by Venture Smoky Mountains

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

    Revenue $55,962ADR $259Occ ≈ 59%—

    Booking

  • Hot Tub, Fireplace, Screened balcony, Grill - Log

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

    Revenue $32,676ADR $224Occ ≈ 40%5★ (1)

    Airbnb

  • Nestled by Venture Smoky Mountains

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

    Revenue $45,181ADR $220Occ ≈ 56%3.2★ (2)

    Booking

  • Luxe Cabin with Game Room, Hot Tub & Firepit

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

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

    Revenue $74,436ADR $353Occ ≈ 58%5★ (77)

    AirbnbVrboBooking

  • Hot Tub, Fireplace, Screened balcony, Grill - Log Cabin near Pigeon Forge

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

    Revenue $38,966ADR $304Occ ≈ 35%5★ (318)

    Delisted

  • Modern cabin w/heated pool & hot tub next to pkwy

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

    Revenue $64,545ADR $348Occ ≈ 51%4.9★ (138)

    AirbnbVrbo

  • Bruno's Mtn Cave: Free Attraction Tickets

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

    Revenue $44,256ADR $287Occ ≈ 42%4.8★ (4)

    Airbnb

Show 30 more
  • Misty Morn Wake Up to Mountain Magic

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

    Revenue $45,194ADR $216Occ ≈ 57%5★ (2)

    Booking

  • Bruno's Mtn Cave: Free Tix & Hot Tub!

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

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

    Revenue $31,401ADR $243Occ ≈ 35%5★ (48)

    AirbnbVrboBooking

  • Breathtaking Cabin with Barbecue, Fireplace and Hot-tub in Sevierville, Tennessee

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

    Revenue $3,186ADR $546Occ ≈ 2%—

    Delisted

  • Bruno's Mountain Cave

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

    Revenue $54,452ADR $242Occ ≈ 62%—

    Booking

  • "Bruno's Mountain Cave" 3 Bedroom Cabin

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

    Revenue $7,124ADR $182Occ ≈ 11%—

    Delisted

  • 3Br Cabin, Lake Access, Fishing, Gameroom, Hot tub

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

    Revenue $50,559ADR $213Occ ≈ 65%4.8★ (91)

    AirbnbVrboBooking

  • 3BR home w/hot tub & deck +Free Attraction Tickets

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi

    Revenue $9,689ADR $202Occ ≈ 13%3.2★ (62)

    AirbnbBooking

  • Vibrant Cabin, Sleeps 8・Games・Hot Tub・Home Theater

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi

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

    Revenue $19,829ADR $203Occ ≈ 27%3.5★ (16)

    AirbnbVrboBooking

  • Snuggle Inn by American Patriot Getaways

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

    Revenue $59,093ADR $235Occ ≈ 69%—

    Booking

  • Hidden Haven, Free Tickets, Hot Tub, Game Room

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

    Revenue $60,400ADR $285Occ ≈ 58%5★ (14)

    AirbnbVrbo

  • Maple Top: Sweet Views, Sweeter Stays

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

    Revenue $49,408ADR $323Occ ≈ 42%4.6★ (20)

    AirbnbVrbo

  • Haus Edelweiss By Avada Properties

    Vacation home · 3 bd · 2 ba · sleeps 7 · 0.3 mi

    Revenue $43,071ADR $205Occ ≈ 58%—

    Booking

  • Adorable 2BR log cabin with hot tub and foosball!

    Chalet · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $37,281ADR $180Occ ≈ 57%—

    Booking

  • Perfect Getaway! Hot Tub, View, Pool Table, Arcade

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

    Revenue $76,905ADR $252Occ ≈ 84%4.8★ (296)

    AirbnbVrbo

  • Cozy Cabin At Wild Turkey

    Chalet · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $38,233ADR $260Occ ≈ 40%—

    Booking

  • New Song: Free Attraction Tickets

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

    Revenue $17,002ADR $298Occ ≈ 16%4.6★ (97)

    AirbnbVrboBooking

  • Secluded & Central, Hot Tub, Game Rm, Dog Friendly

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

    Revenue $75,098ADR $271Occ ≈ 76%4.9★ (72)

    AirbnbVrboBooking

  • Cabin On Lake! Hot tub, Private Dock, & Fishing!

    Cabin · 3 bd · 2 ba · sleeps 9 · 0.4 mi

    Revenue $58,955ADR $250Occ ≈ 65%4.7★ (33)

    AirbnbVrbo

  • Time Out by American Patriot Getaways

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $39,497ADR $214Occ ≈ 51%—

    Booking

  • 2BR log cabin with games, hot tub, and firepit Adorable classic log cabin

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

    Revenue $34,112ADR $175Occ ≈ 53%—

    Booking

  • 15min PForge/Pool Table/Hot Tub/Secluded Yet Close

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

    Revenue $1,668ADR $165Occ ≈ 3%5★ (214)

    AirbnbVrbo

  • Lasting Memories By Avada Properties

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $68,027ADR $202Occ ≈ 92%—

    Booking

  • Log Cabin • Hot Tub • Game Room • Near Sevierville

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.4 mi

    Revenue $33,247ADR $297Occ ≈ 31%4.8★ (7)

    AirbnbVrboBooking

  • Fire Pit|Grill|2,200 SQFT|Gym|Sun Room w Projector

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

    Revenue $62,258ADR $296Occ ≈ 58%5★ (63)

    AirbnbVrbo

  • Experience serenity near entertainment, stay at ou

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

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

    Revenue $42,186ADR $216Occ ≈ 54%4.8★ (144)

    AirbnbVrbo

  • Newly Renovated! NEW Deck + Sauna•3 Kings•Free Tix

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

    Revenue $78,652ADR $311Occ ≈ 69%4.8★ (416)

    AirbnbVrbo

  • FreeDollywood Tix/Secluded/Ping Pong/Spacious

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.5 mi

    Revenue $41,616ADR $271Occ ≈ 42%4.7★ (30)

    AirbnbVrboBooking

  • Fire pit, 2 game rooms, acreage, great location

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

    Revenue $73,530ADR $337Occ ≈ 60%5★ (84)

    AirbnbVrbo

  • Honey Dreams

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

    Revenue $54,260ADR $191Occ ≈ 78%5★ (1)

    Booking

  • Hot Tub, Sleeps 10, Fireplace + Free Tickets

    House · 3 bd · 3 ba · sleeps 10 · 0.5 mi

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

    Revenue $20,553ADR $324Occ ≈ 17%—

    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

$46,415

NOI

$24,521

Cash flow /mo

-$1,305

Cash needed

$199,478

Cash-on-cash

-7.9%

ROE (yr 1)

3.0%

Cap rate

4.1%

DSCR

0.61

Year-1 write-off

$167,447

Year-1 tax shield @ 32%

$53,583

Year-1 return on equity

  • Cash flow (annual)-$15,663
  • Principal paydown$3,648
  • Appreciation at%$17,998
ROE3.0%

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)$9,283
  • Platform fees (3% of revenue)$1,392
  • Maintenance / capex (5% of revenue)$2,321
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$1,098
  • Insurance (STR-rated)$3,600

Cash needed to close

  • Down payment (25%)$149,981
  • Closing costs (4.0%)$23,997
  • Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$53,583

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

$487,000

Short-life (5/15-yr)

$142,000 · 29%

Year-1 deduction

$167,000

Year-1 tax shield @ 32%

$54,000

Land 19% (county tax record, market value split) · building $345,000 over 39 years · new furniture $26,000

Based on: 1,400 sq ft, built 1994, 3 bd / 2.5 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $111,000 in year 1 (17% short-life, $35,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$109,100
  • Kitchen cabinetsdefault

    $8,900 new × 40% good × 3.58 allocation

    $12,700
  • Kitchen countertopsdefault

    $7,300 new × 40% good × 3.58 allocation

    $10,400
  • Decorative trimdefault

    $2,500 new × 40% good × 3.58 allocation

    $3,500
  • Mirrorsdefault

    $300 new × 40% good × 3.58 allocation

    $400
  • Shelvingdefault

    $1,200 new × 40% good × 3.58 allocation

    $1,700
  • Window coverings (14)default

    $3,500 new × 40% good × 3.58 allocation

    $5,000
  • Carpet, vinyl & laminate (100% of floors)listing

    $9,000 new × 40% good × 3.58 allocation

    $12,900
  • Kitchen & laundry equipment plumbingdefault

    $6,900 new × 40% good × 3.58 allocation

    $9,900
  • Kitchen, laundry & data equipment electricaldefault

    $4,200 new × 40% good × 3.58 allocation

    $6,000
  • Appliances (range, microwave, dishwasher, refrigerator)listing

    $5,700 new × 40% good × 3.58 allocation

    $8,200
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 3.58 allocation

    $12,900
  • 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$58,000
  • Paving: driveway & walks (paved)listing

    $7,800 new × 50% good × 3.58 allocation

    $13,900
  • Landscaping (typical)default

    $7,500 new × 50% good × 3.58 allocation

    $13,400
  • Patiosdefault

    $1,400 new × 50% good × 3.58 allocation

    $2,500
  • Decks & porches (attached)listing

    $15,800 new × 50% good × 3.58 allocation

    $28,200
Building, 39-year$345,200
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $151,500 new × 47% good × 3.58 allocation

    $253,200
  • Building plumbing & fixturesdefault

    $15,700 new × 40% good × 3.58 allocation

    $22,500
  • Building electrical & lightingdefault

    $15,000 new × 40% good × 3.58 allocation

    $21,500
  • HVACdefault

    $15,800 new × 40% good × 3.58 allocation

    $22,600
  • Fireplacelisting

    $2,600 new × 40% good × 3.58 allocation

    $3,800
  • Septic systemlisting

    $12,000 new × 50% good × 3.58 allocation

    $21,500

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$109,100$58,000$400$167,400
2$0$0$8,800$8,800
3$0$0$8,800$8,800
4$0$0$8,800$8,800
5$0$0$8,800$8,800
6+$0$0$309,400$309,400
Total$109,100$58,000$345,200$512,200

The building's share of the price ($487,000) is 3.6x our depreciated replacement cost of the home ($136,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.

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.