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1371 Lake Haven Way

1371 Lake Haven Way

Sevierville, TN 37876

$585,000

2 bd · 2 ba · 990 sqft · Listed 1d ago

View on Realtor.com →

Year built

2021

Sqft

990

Lot sqft

436

HOA / mo

$125

Furnished

No

List date

2026-10-05T20:44:24.000000Z

Revenue

Annual revenue

$50,842

ADR

$204

Occupancy

68%

Cleaning fees (12 mo)

$12,644

Confidence

Med (52.44), 25 comps

Comp revenue range (p25 / median / p75)

$27,789$44,311$58,111

Median revenue of shown comps: $46,682

  • Lakeview Cabin*Douglas Lake*Views*Sevierville

    Cabin · 2 bd · 2 ba · sleeps 8 · 108 ft

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

    Revenue $17,686ADR $242Occ ≈ 20%4.2★ (10)

    AirbnbVrboBooking

  • Luxury Lakefront Cabin • Hot Tub & Lake Access

    Cabin · 2 bd · 2 ba · sleeps 8 · 125 ft

    Revenue $69,880ADR $283Occ ≈ 68%5★ (31)

    Airbnb

  • Lakefront-Private Dock-Pets-VIEWS-Beach Access

    House · 2 bd · 2 ba · sleeps 8 · 125 ft

    • Hot tub
    • A/C
    • Pets OK
    • Wifi
    • +3

    Revenue $59,390ADR $258Occ ≈ 63%4.8★ (12)

    AirbnbVrboBooking

  • Luxury Lakefront Cabin / Hot tub / Lake Access

    Cabin · 2 bd · 2 ba · sleeps 8 · 144 ft

    Revenue $55,056ADR $277Occ ≈ 54%5★ (32)

    AirbnbVrboBooking

  • Mountain Viewfinder Cabin

    Cabin · 2 bd · 2 ba · sleeps 8 · 161 ft

    Revenue $49,275ADR $214Occ ≈ 63%4.7★ (22)

    AirbnbVrbo

  • Fall SALE! Lake Cabin! +Pet Friendly +Game Loft!

    Cabin · 2 bd · 1 ba · sleeps 4 · 223 ft

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +2

    Revenue $40,898ADR $146Occ ≈ 77%5★ (63)

    AirbnbVrbo

  • Private Dock-Lakefront-Views-Pets-Beach Access

    House · 2 bd · 2 ba · sleeps 8 · 315 ft

    • Hot tub
    • A/C
    • Pets OK
    • Wifi
    • +3

    Revenue $44,088ADR $237Occ ≈ 51%5★ (13)

    AirbnbVrboBooking

  • Hot Tub Retreat • Lake Access • Sleeps 8

    Cabin · 2 bd · 2 ba · sleeps 8 · 315 ft

    Revenue $54,519ADR $287Occ ≈ 52%4.9★ (30)

    Airbnb

  • Lakeside Serenity-Private Dock-Beach-Views-Hot Tub

    House · 2 bd · 2 ba · sleeps 8 · 348 ft

    • Hot tub
    • A/C
    • Pets OK
    • Wifi
    • +3

    Revenue $60,032ADR $299Occ ≈ 55%4.7★ (9)

    AirbnbVrboBooking

  • Sevierville Cabin, Mountain View, Hot Tub, Loft

    Cabin · 2 bd · 2 ba · sleeps 6 · 384 ft

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

    Revenue $24,638ADR $181Occ ≈ 37%4.7★ (30)

    AirbnbVrboBooking

Show 10 more

  • Luxury Lake Retreat • Hot Tub • Game Room

    Cabin · 2 bd · 2 ba · sleeps 8 · 433 ft

    Revenue $62,584ADR $326Occ ≈ 53%4.7★ (29)

    Airbnb

  • Lake View Cabin, Sleeps 8・Hot Tub・Rocking Chairs

    Cabin · 2 bd · 2 ba · sleeps 8 · 466 ft

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

    Revenue $34,632ADR $193Occ ≈ 49%4.8★ (33)

    AirbnbVrboBooking

  • Lakefront-Private Dock-Pets-Hot Tub-Beach Access

    House · 2 bd · 2 ba · sleeps 8 · 495 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $15,259ADR $215Occ ≈ 19%4.8★ (9)

    Airbnb

  • Lake-view home | hot tub | free attraction tickets

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.1 mi

    Revenue $27,789ADR $189Occ ≈ 40%4.6★ (51)

    AirbnbVrboBooking

  • Splash, Play, and Stay on Lake Douglas w/ Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    • Hot tub
    • A/C
    • Pets OK
    • Wifi
    • +3

    Revenue $53,019ADR $256Occ ≈ 57%5★ (39)

    Airbnb

  • 2BR Mtn-view w/fireplace + free attraction tickets

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $34,198ADR $217Occ ≈ 43%4.7★ (51)

    AirbnbVrboBooking

  • New Lakefront Cabin • Hot Tub & Lake Access

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

    Revenue $58,111ADR $283Occ ≈ 56%4.8★ (28)

    Airbnb

  • New-Lake View-Lake Access-Resort Beach-Hot Tub-Pet

    House · 2 bd · 2 ba · sleeps 7 · 0.2 mi

    • Hot tub
    • A/C
    • Pets OK
    • Wifi
    • +2

    Revenue $55,887ADR $282Occ ≈ 54%4.7★ (9)

    AirbnbVrboBooking

  • 2BR Douglas Lake views & free attraction tickets

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

    Revenue $42,919ADR $210Occ ≈ 56%4.4★ (67)

    AirbnbVrboBooking

  • Lakefront Serenity, Your romantic Mountain Retreat

    Place · 2 bd · 2 ba · sleeps 4 · 0.7 mi

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

    Revenue $15,777ADR $143Occ ≈ 30%4.8★ (92)

    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

$50,842

NOI

$25,169

Cash flow /mo

$2,097

Cash needed

$630,400

Cash-on-cash (all cash)

4.0%

ROE (yr 1)

6.8%

Cap rate

4.3%

DSCR

—

Year-1 write-off

$117,440

Year-1 tax shield @ 32%

$37,581

Year-1 return on equity

  • Cash flow (annual)$25,169
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$17,550
ROE6.8%

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)$10,168
  • Platform fees (3% of revenue)$1,525
  • Maintenance / capex (5% of revenue)$2,542
  • Utilities & supplies$4,200
  • HOA$1,500
  • Property tax$2,052
  • Insurance (STR-rated)$3,686

Cash needed to close

  • Purchase price (all cash)$585,000
  • Closing costs (4.0%)$23,400
  • Furnishing (bought new)$22,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$37,581

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

$311,000

Short-life (5/15-yr)

$95,000 · 31%

Year-1 deduction

$117,000

Year-1 tax shield @ 32%

$38,000

Land 47% (county tax record, market value split) · building $216,000 over 39 years · new furniture $22,000

Based on: 990 sq ft, built 2021, 2 bd / 2 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $80,000 in year 1 (18% short-life, $26,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$84,400

  • Kitchen cabinetsdefault

    $8,000 new × 80% good × 1.70 allocation

    $10,800

  • Kitchen countertopsdefault

    $6,500 new × 80% good × 1.70 allocation

    $8,800

  • Decorative trimdefault

    $1,700 new × 80% good × 1.70 allocation

    $2,300

  • Mirrorsdefault

    $300 new × 58% good × 1.70 allocation

    $300

  • Shelvingdefault

    $900 new × 80% good × 1.70 allocation

    $1,200

  • Window coverings (10)default

    $2,500 new × 50% good × 1.70 allocation

    $2,100

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

    $6,400 new × 58% good × 1.70 allocation

    $6,300

  • Kitchen & laundry equipment plumbingdefault

    $6,200 new × 90% good × 1.70 allocation

    $9,500

  • Kitchen, laundry & data equipment electricaldefault

    $3,700 new × 90% good × 1.70 allocation

    $5,700

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

    $7,700 new × 58% good × 1.70 allocation

    $7,600

  • Hot tub (freestanding)listing

    $9,000 new × 50% good × 1.70 allocation

    $7,600

  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000

  • Game-room equipment bought newlisting

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

    $6,000
15-year land improvements$32,800

  • Paving: driveway & walks (paved)default

    $6,500 new × 80% good × 1.70 allocation

    $8,800

  • Landscaping (typical)default

    $6,300 new × 80% good × 1.70 allocation

    $8,500

  • Patiosdefault

    $1,000 new × 80% good × 1.70 allocation

    $1,300

  • Decks & porches (attached)listing

    $11,100 new × 75% good × 1.70 allocation

    $14,200
Building, 39-year$215,900

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

    $107,000 new × 92% good × 1.70 allocation

    $166,200

  • Building plumbing & fixturesdefault

    $11,100 new × 90% good × 1.70 allocation

    $16,900

  • Building electrical & lightingdefault

    $9,800 new × 90% good × 1.70 allocation

    $15,000

  • HVACdefault

    $11,200 new × 75% good × 1.70 allocation

    $14,200

  • Fireplacelisting

    $2,600 new × 80% good × 1.70 allocation

    $3,600

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$84,400$32,800$200$117,400
2$0$0$5,500$5,500
3$0$0$5,500$5,500
4$0$0$5,500$5,500
5$0$0$5,500$5,500
6+$0$0$193,500$193,500
Total$84,400$32,800$215,900$333,100

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.