STR Yield
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Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium

636 Bear Paw Trl

636 Bear Paw Trl

Blue Ridge, GA 30513

$299,900

2 bd · 1 ba · Listed 9d ago

View on Realtor.com →
Negative cash flow

Year built

1981

Sqft

—

Lot sqft

218,671

HOA / mo

None

Furnished

No

List date

2026-09-18T19:51:06.000000Z

Revenue

Annual revenue

$32,393

ADR

$175

Occupancy

51%

Cleaning fees (12 mo)

$7,268

Confidence

Low (50.02), 50 comps

Comp revenue range (p25 / median / p75)

$20,568$31,542$41,561
  • Foxbear Cabin | Cherry Log, Ga

    Cabin · 2 bd · 1 ba · sleeps 4 · 207 ft

    Revenue $31,457ADR $271Occ ≈ 32%5★ (18)

    AirbnbVrbo

  • Honey Bear Hideout Stay

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

    Revenue $5,827ADR $181Occ ≈ 9%4.7★ (113)

    AirbnbVrboBooking

  • Bear Watch - Retreat w/ Hot Tub, Pet Friendly

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $31,762ADR $201Occ ≈ 43%4.8★ (37)

    AirbnbVrboBooking

  • The Wander Inn | Free Night Offer!

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $8,784ADR $214Occ ≈ 11%4.8★ (130)

    AirbnbVrboBooking

  • Secluded Dog-Friendly Cabin w/ Deck, Private Hot Tub, Firepit, & Wood Fireplace

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

    Revenue $29,456ADR $175Occ ≈ 46%4.6★ (51)

    Vrbo

  • Cozy Blue Ridge Cabin w/ Hot Tub

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $15,811ADR $177Occ ≈ 24%5★ (48)

    AirbnbVrbo

  • Bear Paw Lodge 2b/1b Hot Tub Cozy/Modern

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $27,929ADR $175Occ ≈ 44%5★ (141)

    AirbnbVrbo

  • Timber Nest

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $49,528ADR $193Occ ≈ 70%5★ (419)

    AirbnbVrbo

  • Wander Inn

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $8,327ADR $199Occ ≈ 11%5★ (15)

    Airbnb

  • 10 Minutes to Downtown Blue Ridge - Sleeps 4

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $32,413ADR $180Occ ≈ 49%5★ (249)

    Vrbo

Show all 50 comps
  • Cozy Woods Cabin Fire place/pit/Hot tub

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $46,907ADR $182Occ ≈ 71%4.9★ (223)

    AirbnbVrbo

  • Outdoor Lover's Haven in the Blue Ridge Mtns!

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

    Revenue $19,235ADR $199Occ ≈ 26%4.8★ (30)

    AirbnbVrboBooking

  • New Remodel, Fireplace, fire pit, Covered Porch

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.3 mi

    Revenue $30,859ADR $159Occ ≈ 53%4.9★ (511)

    AirbnbVrbo

  • Boho Bear Cave | Brand New Hot Tub

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $56,467ADR $178Occ ≈ 87%5★ (386)

    AirbnbVrbo

  • Secluded 2BR Lakefront Dog Friendly | Hot Tub

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.3 mi

    Revenue $16,674ADR $210Occ ≈ 22%4.3★ (98)

    AirbnbVrboBooking

  • * pond view ♡ Private♡ 2BR ♡Hottub+ Firepit*

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $37,903ADR $208Occ ≈ 50%5★ (256)

    AirbnbVrbo

  • Cozy Cabin | Hot Tub | Pets | Near Downtown

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $14,518ADR $231Occ ≈ 17%5★ (43)

    AirbnbBooking

  • Blue Ridge Cabin on a Lake

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.3 mi

    Revenue $6,386ADR $242Occ ≈ 7%4.7★ (26)

    Airbnb

  • Wellness Retreat | Pond View | Hot Tub | Dog Run

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $6,788ADR $189Occ ≈ 10%5★ (11)

    Airbnb

  • Lakefront Cabin w/Grill, Hot Tub and Fishing Dock

    House · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $36,261ADR $198Occ ≈ 50%4.2★ (5)

    AirbnbVrbo

  • Trails End Cabin

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $33,371ADR $146Occ ≈ 63%4.8★ (209)

    AirbnbVrbo

  • Beaver Bungalow - Hot Tub with Mountain View’s

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $47,563ADR $157Occ ≈ 83%4.9★ (314)

    Airbnb

  • Trail Side Retreat - Blue Ridge, GA

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.3 mi

    Revenue $31,626ADR $179Occ ≈ 48%4.8★ (12)

    AirbnbVrboBooking

  • Lazy Bears Cabin in Cherry Log 4.9 * Guest Rating

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.4 mi

    Revenue $25,097ADR $147Occ ≈ 47%5★ (156)

    AirbnbVrbo

  • Misty Ridge | True Log Cabin Blue Ridge & Ellijay

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.4 mi

    Revenue $48,069ADR $250Occ ≈ 53%5★ (76)

    AirbnbVrbo

  • Misty Ridge - Mtn Views, Fire Pit - Minimum Age

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.4 mi

    Revenue $30,013ADR $208Occ ≈ 40%4.7★ (11)

    Airbnb

  • Lovely Lakefront Mountain View Cabin

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.4 mi

    Revenue $48,779ADR $188Occ ≈ 71%5★ (150)

    Airbnb

  • Indian Rock Lake Cabin

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $28,891ADR $211Occ ≈ 38%4.3★ (194)

    AirbnbVrboBooking

  • Camp Moxie in Blue Ridge

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

    Revenue $40,632ADR $171Occ ≈ 65%4.8★ (65)

    Airbnb

  • Little Camp Moxie

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.4 mi

    Revenue $36,599ADR $159Occ ≈ 63%4.7★ (25)

    AirbnbVrbo

  • SkyView – Blue Ridge Mountain Hideaway

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.4 mi

    Revenue $42,570ADR $250Occ ≈ 47%5★ (4)

    AirbnbVrbo

  • Cozy Haven - Mountain View, Hot Tub, Fire Pit

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.4 mi

    Revenue $52,439ADR $193Occ ≈ 74%4.9★ (527)

    AirbnbVrboBooking

  • Cozy Couples Cabin, Hot Tub, Fire Pit, Grill

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.5 mi

    Revenue $57,768ADR $205Occ ≈ 77%5★ (464)

    AirbnbVrboBooking

  • Blue Ridge Bliss: Peaceful Retreat w/ Deck

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $2,211ADR $162Occ ≈ 4%2★ (1)

    AirbnbVrboBooking

  • Trailside Creek Cabin | Hot Tub & Dog Yard

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.5 mi

    Revenue $34,078ADR $201Occ ≈ 46%5★ (32)

    AirbnbVrbo

  • Lazy Bear Lodge (Mountain Views/Hot tub/Firepit)

    Cabin · 2 bd · 1 ba · sleeps 8 · 0.5 mi

    Revenue $22,520ADR $179Occ ≈ 34%4.9★ (137)

    AirbnbVrbo

  • High Country Hideaway | Cherry Log, GA

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi

    Revenue $41,871ADR $358Occ ≈ 32%4.8★ (14)

    AirbnbVrbo

  • Cozy Cabin near Blue Ridge Georgia

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi

    Revenue $22,498ADR $145Occ ≈ 43%5★ (80)

    Vrbo

  • Experience Serenity at Triple Nickel Cabin!

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $21,715ADR $187Occ ≈ 32%5★ (27)

    AirbnbVrbo

  • Mountain View / Dog-friendly / Cozy Cabin Retreat

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.5 mi

    Revenue $40,260ADR $167Occ ≈ 66%5★ (179)

    AirbnbVrbo

  • Laughing Hippo is a classic mountain cabin with la

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.5 mi

    Revenue $35,939ADR $144Occ ≈ 68%4.6★ (233)

    AirbnbVrbo

  • Rustic Nest - Quaint, cozy, dog friendly, hot tub

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi

    Revenue $51,042ADR $230Occ ≈ 61%4.9★ (27)

    AirbnbVrbo

  • 2 Queen Suites, Trail Access, Mtn View, Fire Table

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi

    Revenue $37,703ADR $158Occ ≈ 65%5★ (184)

    AirbnbVrboBooking

  • Cozy 2-bedroom, one bath true cabin in amazing Blue Ridge mountains.with Wi Ac

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.5 mi

    Revenue $20,185ADR $136Occ ≈ 41%5★ (42)

    Vrbo

  • Spend Christmas at Tree Haven

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi

    Revenue $63,608ADR $190Occ ≈ 92%5★ (185)

    AirbnbVrbo

  • Fox Haven | Free Night Offer!

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.5 mi

    Revenue $12,100ADR $198Occ ≈ 17%5★ (95)

    AirbnbVrbo

  • 15% Off Summer Sale—Discount Already Applied!

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.5 mi

    Revenue $30,636ADR $145Occ ≈ 58%4.8★ (18)

    AirbnbBooking

  • Secluded Views | Hot Tub · Fire Pit · 10 Min Town

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi

    Revenue $44,192ADR $211Occ ≈ 57%5★ (41)

    Airbnb

  • Dancing Bear: Hot Tub, Fireplace, Pet Friendly

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi

    Revenue $26,864ADR $216Occ ≈ 34%4.4★ (10)

    AirbnbVrboBooking

  • Little Creek Cabin | Creekside Hot Tub + Firepit

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.6 mi

    Revenue $1,771ADR $161Occ ≈ 3%5★ (3)

    Airbnb

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
Term

Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium

Est. revenue

$32,393

NOI

$14,368

Cash flow /mo

-$419

Cash needed

$108,971

Cash-on-cash

-4.6%

ROE (yr 1)

5.4%

Cap rate

4.8%

DSCR

0.74

Year-1 write-off

$66,825

Year-1 tax shield @ 32%

$21,384

Year-1 return on equity

  • Cash flow (annual)-$5,025
  • Principal paydown$1,963
  • Appreciation at%$8,997
ROE5.4%
ROE incl. year-1 tax savings (32% bracket, STR loophole)25.1%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$6,479
  • Platform fees (3% of revenue)$972
  • Maintenance / capex (5% of revenue)$1,620
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$1,516
  • Insurance (STR-rated)$3,239

Cash needed to close

  • Down payment (25%)$74,975
  • Closing costs (4.0%)$11,996
  • Furnishing (bought new)$22,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$21,384

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

$159,000

Short-life (5/15-yr)

$44,000 · 28%

Year-1 deduction

$67,000

Year-1 tax shield @ 32%

$21,000

Land 47% (county tax record, market value split) · building $114,000 over 39 years · new furniture $22,000

Based on: ~1,400 sq ft (from beds), built 1981, 2 bd / 1 ba, unfurnished, listing features (deck, fence, game room, fireplace, flooring types, appliance list, septic, wooded lot).

IRS-guide safe-harbor floor: $47,000 in year 1 (15% short-life, $15,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$44,100
  • Kitchen cabinetsdefault

    $8,900 new × 40% good × 1.29 allocation

    $4,600
  • Kitchen countertopsdefault

    $7,300 new × 40% good × 1.29 allocation

    $3,800
  • Decorative trimdefault

    $2,500 new × 40% good × 1.29 allocation

    $1,300
  • Mirrorsdefault

    $200 new × 40% good × 1.29 allocation

    $100
  • Shelvingdefault

    $900 new × 40% good × 1.29 allocation

    $500
  • Window coverings (14)default

    $3,500 new × 40% good × 1.29 allocation

    $1,800
  • Carpet, vinyl & laminate (50% of floors)listing

    $4,500 new × 40% good × 1.29 allocation

    $2,300
  • Kitchen & laundry equipment plumbingdefault

    $6,900 new × 40% good × 1.29 allocation

    $3,600
  • Kitchen, laundry & data equipment electricaldefault

    $4,200 new × 40% good × 1.29 allocation

    $2,200
  • Appliances (range, refrigerator)listing

    $4,000 new × 40% good × 1.29 allocation

    $2,100
  • 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$22,400
  • Paving: driveway & walks (paved)default

    $7,800 new × 50% good × 1.29 allocation

    $5,000
  • Landscaping (minimal)listing

    $3,700 new × 50% good × 1.29 allocation

    $2,400
  • Patiosdefault

    $1,400 new × 50% good × 1.29 allocation

    $900
  • Decks & porches (attached)listing

    $15,800 new × 50% good × 1.29 allocation

    $10,200
  • Fencinglisting

    $6,000 new × 50% good × 1.29 allocation

    $3,900
Building, 39-year$114,100
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $151,900 new × 40% good × 1.29 allocation

    $78,600
  • Building plumbing & fixturesdefault

    $15,700 new × 40% good × 1.29 allocation

    $8,100
  • Building electrical & lightingdefault

    $15,000 new × 40% good × 1.29 allocation

    $7,800
  • HVACdefault

    $15,800 new × 40% good × 1.29 allocation

    $8,200
  • Hardwood & tile floorsdefault

    $4,500 new × 40% good × 1.29 allocation

    $2,300
  • Fireplacelisting

    $2,600 new × 40% good × 1.29 allocation

    $1,400
  • Septic systemlisting

    $12,000 new × 50% good × 1.29 allocation

    $7,800

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$44,100$22,400$400$66,800
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$102,000$102,000
Total$44,100$22,400$114,100$180,500

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: Georgia disallows 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.