7 Citrine Ct
Ellijay, GA 30540
$175,000
3 bd · 1.5 ba · 1,352 sqft · Listed 1d ago
View on Realtor.com →Year built
1982
Sqft
1,352
Lot sqft
44,431
HOA / mo
None
Furnished
No
List date
2026-10-02T20:42:20.000000Z
Revenue
Annual revenue
$46,672
ADR
$255
Occupancy
50%
Cleaning fees (12 mo)
$9,943
Confidence
Low (37.76), 18 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $31,002
Wilderness-themed retreat with community amenities, private hot tub, & fireplace
House · 3 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $30,706ADR $188Occ ≈ 45%1★ (1)
Cozy Mountain Retreat at Coosawatte River Resort
Camper/RV · 3 bd · 1 ba · sleeps 7 · 0.4 mi
Revenue $11,794ADR $144Occ ≈ 22%5★ (15)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Modern Chic Cabin - Blue Ridge-Hot Tub & Game Room Cabin | 3 bd · 2.5 ba · sleeps 7 | $64,673 | $330 | 54% | 5★ (54) | 102 ft | AirbnbBooking |
Spacious Cabin • Hot Tub, Fire Pit, Dogs OK Cabin | 3 bd · 2 ba · sleeps 10 | $38,400 | $412 | 26% | 4.9★ (39) | 0.1 mi | AirbnbVrbo |
3 br Family friendly cabin Cabin | 3 bd · 2 ba · sleeps 8 | $10,643 | $229 | 13% | 4.6★ (23) | 0.2 mi | AirbnbVrbo |
Bear Hug Lodge Stays House | 3 bd · 2 ba · sleeps 6 | $8,910 | $259 | 9% | 4★ (13) | 0.2 mi | AirbnbVrboBooking |
Wilderness-themed retreat with community amenities, private hot tub, & fireplace House | 3 bd · 2 ba · sleeps 6 | $30,706 | $188 | 45% | 1★ (1) | 0.2 mi | Vrbo |
Fun Octagon Cabin on Double Lot! Hot Tub, Firepit! Cabin | 3 bd · 2 ba · sleeps 8 | $51,670 | $257 | 55% | 5★ (114) | 0.3 mi | AirbnbVrbo |
Cozy Mountain Retreat at Coosawatte River Resort Camper/RV | 3 bd · 1 ba · sleeps 7 | $11,794 | $144 | 22% | 5★ (15) | 0.4 mi | Airbnb |
Family Friendly, Fire Pits, Grill, Pool Access Cabin | 3 bd · 2 ba · sleeps 6 | $40,011 | $170 | 64% | 5★ (104) | 0.6 mi | AirbnbVrbo |
Bamby Bungalow. Family and Pet Getaway. Fenced yrd Cabin | 3 bd · 2 ba · sleeps 8 | $52,911 | $223 | 65% | 5★ (145) | 0.6 mi | AirbnbVrbo |
Legends Hideaway-Hot tub, game room, fireplace&Pit Cabin | 3 bd · 2.5 ba · sleeps 10 | $31,002 | $318 | 27% | 5★ (21) | 0.6 mi | AirbnbVrbo |
Show 5 more
Spacious riverfront home with private dock, firepit & scenic outdoor space
House · 3 bd · 2 ba · sleeps 6 · 0.7 mi
Revenue $18,659ADR $221Occ ≈ 23%4.8★ (4)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Serenity Now! located in Coosawattee River Resort Cabin | 3 bd · 2 ba · sleeps 7 | $12,033 | $280 | 12% | 4.9★ (9) | 0.7 mi | AirbnbVrbo |
Pet-Friendly Ellijay Cabin in the Woods on 1 Acre! Cabin | 3 bd · 2 ba · sleeps 6 | $15,642 | $144 | 30% | 3.6★ (9) | 0.7 mi | AirbnbVrboBooking |
Spacious riverfront home with private dock, firepit & scenic outdoor space House | 3 bd · 2 ba · sleeps 6 | $18,659 | $221 | 23% | 4.8★ (4) | 0.7 mi | Vrbo |
Private Riverside Cabin Cabin | 3 bd · 2 ba · sleeps 8 | $62,652 | $250 | 69% | 4.9★ (167) | 0.7 mi | AirbnbVrbo |
Ellijay Cabin Escape: Hot Tub & Fire Pit! Cabin | 3 bd · 2.5 ba · sleeps 9 | $63,461 | $230 | 76% | 5★ (136) | 0.8 mi | AirbnbVrboBooking |
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
Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium
Est. revenue
$46,672
NOI
$26,096
Cash flow /mo
$1,209
Cash needed
$70,250
Cash-on-cash
20.6%
ROE (yr 1)
29.7%
Cap rate
14.9%
DSCR
2.25
Year-1 write-off
$56,893
Year-1 tax shield @ 32%
$18,206
Year-1 return on equity
- Cash flow (annual)$14,507
- Principal paydown$1,090
- Appreciation at%$5,250
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)$9,334
- Platform fees (3% of revenue)$1,400
- Maintenance / capex (5% of revenue)$2,334
- Utilities & supplies$4,200
- HOA$0
- Property tax$1,418
- Insurance (STR-rated)$1,890
Cash needed to close
- Down payment (25%)$43,750
- Closing costs (4.0%)$7,000
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$18,206
No county tax record split for property tax, insurance rate and the land/building split, so those use market defaults — edit the price above; 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
$149,000
Short-life (5/15-yr)
$37,000 · 25%
Year-1 deduction
$57,000
Year-1 tax shield @ 32%
$18,000
Land 15% (market default, no usable tax-record split) · building $111,000 over 39 years · new furniture $20,000
Based on: 1,352 sq ft, built 1982, 3 bd / 1.5 ba, unfurnished, listing features (fireplace, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $46,000 in year 1 (17% short-life, $15,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $4,700
Kitchen cabinetsdefault
$8,800 new × 40% good × 1.33 allocation
- $3,800
Kitchen countertopsdefault
$7,200 new × 40% good × 1.33 allocation
- $1,300
Decorative trimdefault
$2,400 new × 40% good × 1.33 allocation
- $100
Mirrorsdefault
$200 new × 40% good × 1.33 allocation
- $600
Shelvingdefault
$1,200 new × 40% good × 1.33 allocation
- $1,900
Window coverings (14)default
$3,500 new × 40% good × 1.33 allocation
- $4,600
Carpet, vinyl & laminate (100% of floors)listing
$8,700 new × 40% good × 1.33 allocation
- $3,600
Kitchen & laundry equipment plumbingdefault
$6,800 new × 40% good × 1.33 allocation
- $2,200
Kitchen, laundry & data equipment electricaldefault
$4,100 new × 40% good × 1.33 allocation
- $2,700
Appliances (range, dishwasher, refrigerator)listing
$5,000 new × 40% good × 1.33 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $5,100
Paving: driveway & walks (paved)default
$7,600 new × 50% good × 1.33 allocation
- $4,900
Landscaping (typical)default
$7,300 new × 50% good × 1.33 allocation
- $900
Patiosdefault
$1,300 new × 50% good × 1.33 allocation
- $900
Decks & porches (attached)default
$1,300 new × 50% good × 1.33 allocation
- $78,100
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$146,400 new × 40% good × 1.33 allocation
- $8,100
Building plumbing & fixturesdefault
$15,200 new × 40% good × 1.33 allocation
- $7,700
Building electrical & lightingdefault
$14,400 new × 40% good × 1.33 allocation
- $8,100
HVACdefault
$15,200 new × 40% good × 1.33 allocation
- $1,400
Fireplacelisting
$2,600 new × 40% good × 1.33 allocation
- $8,000
Septic systemlisting
$12,000 new × 50% good × 1.33 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $45,000 | $11,800 | $100 | $56,900 |
| 2 | $0 | $0 | $2,900 | $2,900 |
| 3 | $0 | $0 | $2,900 | $2,900 |
| 4 | $0 | $0 | $2,900 | $2,900 |
| 5 | $0 | $0 | $2,900 | $2,900 |
| 6+ | $0 | $0 | $99,900 | $99,900 |
| Total | $45,000 | $11,800 | $111,500 | $168,300 |
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
Fannin and Gilmer counties require STR registration and lodging tax; no cap found. Blue Ridge and Ellijay city limits have their own rules; most cabins are in unincorporated county.