STR Yield
← Back to deals
MortgageCash
374 Buena Vista Dr

374 Buena Vista Dr

Sevierville, TN 37876

$800,000

3 bd · 3.5 ba · 2,250 sqft · Listed 48d ago

View on Realtor.com →

Year built

2022

Sqft

2,250

Lot sqft

41,818

HOA / mo

$0

Furnished

No

List date

2026-09-25T13:36:42.000000Z

Revenue

Annual revenue

$54,972

ADR

$284

Occupancy

53%

Cleaning fees (12 mo)

$9,465

Confidence

Med (67.87), 27 comps

Comp revenue range (p25 / median / p75)

$41,479$57,856$65,649

Median revenue of shown comps: $58,775

  • Smoky Mtn Splendor! Game Room/Hot tub/Media Room

    Cabin · 3 bd · 3 ba · sleeps 9 · 49 ft

    Revenue $65,857ADR $357Occ ≈ 51%4.8★ (121)

    AirbnbBooking

  • *5 Min to GBurg/Pigeon Forge*Hot Tub+Firepit+Games

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 240 ft

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

    Revenue $73,797ADR $290Occ ≈ 70%5★ (156)

    AirbnbVrbo

  • Heavenly Hideaway

    House · 3 bd · 3 ba · sleeps 10 · 308 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $34,957ADR $268Occ ≈ 36%4.8★ (78)

    AirbnbVrbo

  • Amazing Value! 3 King Suites • Hot Tub • Arcade

    Cabin · 3 bd · 3 ba · sleeps 10 · 417 ft

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

    Revenue $55,864ADR $291Occ ≈ 53%4.8★ (170)

    AirbnbVrbo

  • Escape to Treetop Tranquility, a cozy 3-bedroom

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 476 ft

    • Hot tub
    • A/C
    • Free parking
    • Kitchen
    • +1

    Revenue $38,946ADR $294Occ ≈ 36%4.7★ (17)

    AirbnbVrbo

  • Pet Friendly near Gate + Dollywood Fireplaces

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

    Revenue $63,327ADR $401Occ ≈ 43%5★ (4)

    Delisted

  • Skinny Dippin: Private Indoor Pool & Theater

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

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

    Revenue $92,623ADR $607Occ ≈ 42%3.8★ (9)

    AirbnbVrbo

  • Themed Cabin - Views! Hot Tub! Pet Friendly

    Cabin · 3 bd · 2.5 ba · sleeps 9 · 0.2 mi

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

    Revenue $31,158ADR $238Occ ≈ 36%4.9★ (12)

    AirbnbVrboBooking

  • Located between Pigeon Forge and Gatlinburg!

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

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

    Revenue $64,365ADR $303Occ ≈ 58%4.8★ (14)

    AirbnbVrbo

  • Fall SALE! Amazing Location! Hot Tub! Pets Welcome

    Cabin · 3 bd · 2.5 ba · sleeps 9 · 0.3 mi

    Revenue $46,760ADR $247Occ ≈ 52%4.5★ (76)

    Airbnb

Show 9 more

  • Mtn Vista | Picturesque Views + Hot Tub

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.4 mi

    Revenue $57,063ADR $235Occ ≈ 67%4.4★ (15)

    Airbnb

  • Spacious Cabin with Privacy & Views! Close to All

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

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

    Revenue $61,661ADR $413Occ ≈ 41%5★ (174)

    AirbnbVrbo

  • 3BD Cabin w/ Hot Tub, Pool Table, Sleeps 10

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

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

    Revenue $65,441ADR $308Occ ≈ 58%4.8★ (81)

    AirbnbVrboBooking

  • King Wolf Lodge*Easy Access Roads*Game Room*WiFi

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

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

    Revenue $70,272ADR $411Occ ≈ 47%3.5★ (9)

    AirbnbVrbo

  • FreeDollywoodTix+Luxury+Modern+A+Location+FirePit

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.5 mi

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

    Revenue $58,775ADR $388Occ ≈ 42%5★ (28)

    AirbnbVrbo

  • Hemlock Mountain House

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

    • A/C
    • Wifi
    • Kitchen
    • Washer
    • +3

    Revenue $72,543ADR $272Occ ≈ 73%5★ (32)

    Airbnb

  • North Ridge Place - Fireplace, hot tub, and games!

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

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

    Revenue $55,645ADR $290Occ ≈ 53%4.7★ (81)

    AirbnbVrboBooking

  • MNT TOP Cabin-Near Dolly -3 King Beds -Pickle Ball

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.7 mi

    Revenue $57,856ADR $298Occ ≈ 53%5★ (199)

    AirbnbBooking

  • Secluded Hideaway

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.7 mi

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

    Revenue $56,211ADR $295Occ ≈ 52%4.5★ (37)

    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

Est. revenue

$54,972

NOI

$27,575

Cash flow /mo

$2,298

Cash needed

$857,500

Cash-on-cash (all cash)

3.2%

ROE (yr 1)

6.0%

Cap rate

3.4%

DSCR

—

Year-1 write-off

$188,975

Year-1 tax shield @ 32%

$60,472

Year-1 return on equity

  • Cash flow (annual)$27,575
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$24,000
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)$10,994
  • Platform fees (3% of revenue)$1,649
  • Maintenance / capex (5% of revenue)$2,749
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$3,005
  • Insurance (STR-rated)$4,800

Cash needed to close

  • Purchase price (all cash)$800,000
  • Closing costs (4.0%)$32,000
  • Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$60,472

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

$748,000

Short-life (5/15-yr)

$162,000 · 22%

Year-1 deduction

$189,000

Year-1 tax shield @ 32%

$60,000

Land 7% (county tax record, market value split) · building $586,000 over 39 years · new furniture $26,000

Based on: 2,250 sq ft, built 2022, 3 bd / 3.5 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: $112,000 in year 1 (11% short-life, $36,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$122,900

  • Kitchen cabinetsdefault

    $10,700 new × 84% good × 1.87 allocation

    $16,800

  • Kitchen countertopsdefault

    $8,800 new × 84% good × 1.87 allocation

    $13,800

  • Decorative trimdefault

    $3,900 new × 84% good × 1.87 allocation

    $6,200

  • Mirrorsdefault

    $500 new × 67% good × 1.87 allocation

    $600

  • Shelvingdefault

    $1,200 new × 84% good × 1.87 allocation

    $1,900

  • Window coverings (23)default

    $5,800 new × 60% good × 1.87 allocation

    $6,400

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

    $7,200 new × 67% good × 1.87 allocation

    $9,000

  • Kitchen & laundry equipment plumbingdefault

    $8,300 new × 92% good × 1.87 allocation

    $14,400

  • Kitchen, laundry & data equipment electricaldefault

    $5,000 new × 92% good × 1.87 allocation

    $8,700

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

    $7,700 new × 67% good × 1.87 allocation

    $9,600

  • Hot tub (freestanding)listing

    $9,000 new × 60% good × 1.87 allocation

    $10,100

  • 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$64,200

  • Paving: driveway & walks (paved)default

    $9,800 new × 84% good × 1.87 allocation

    $15,400

  • Landscaping (minimal)listing

    $4,700 new × 84% good × 1.87 allocation

    $7,400

  • Patiosdefault

    $2,200 new × 84% good × 1.87 allocation

    $3,500

  • Decks & porches (attached)listing

    $25,300 new × 80% good × 1.87 allocation

    $37,800
Building, 39-year$585,900

  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $244,200 new × 93% good × 1.87 allocation

    $425,800

  • Building plumbing & fixturesdefault

    $25,300 new × 92% good × 1.87 allocation

    $43,600

  • Building electrical & lightingdefault

    $25,800 new × 92% good × 1.87 allocation

    $44,300

  • HVACdefault

    $25,300 new × 80% good × 1.87 allocation

    $37,900

  • Hardwood & tile floorsdefault

    $7,200 new × 84% good × 1.87 allocation

    $11,400

  • Fireplacelisting

    $2,600 new × 84% good × 1.87 allocation

    $4,100

  • Septic systemlisting

    $12,000 new × 84% good × 1.87 allocation

    $18,800

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$122,900$64,200$1,900$189,000
2$0$0$15,000$15,000
3$0$0$15,000$15,000
4$0$0$15,000$15,000
5$0$0$15,000$15,000
6+$0$0$524,000$524,000
Total$122,900$64,200$585,900$773,000

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.