78 Creekside Trl

Ellijay, GA 30540

$279,900

2 bd · 1 ba · 910 sqft · Listed 2d ago

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Low confidenceEst. land %

Year built

2005

Sqft

910

Lot sqft

23,697

HOA / mo

$99

Furnished

List date

2026-10-09T16:02:49.000000Z

Revenue

Annual revenue

$34,016

ADR

$151

Occupancy

62%

Cleaning fees (12 mo)

$5,870

Confidence

Low (14.92), 12 comps

Comp revenue range (p25 / median / p75)

$4,974$27,676$41,729

Median revenue of shown comps: $27,676

Woodglen Hideaway
Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +4
Revenue $36,218ADR $171Occ ≈ 58%5★ (24)
Airbnb Vrbo
2 BR home with outdoor patio and hot tub access
Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi
- Hot tub
- Pool
- A/C
- Pets OK
- +4
Revenue $1,550ADR $221Occ ≈ 2%—
Airbnb Vrbo Booking
Dwell and Wander Stay
Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi
- Hot tub
- Pool
- A/C
- Pets OK
- +5
Revenue $1,887ADR $269Occ ≈ 2%—
Airbnb Vrbo
Cozy Boho Cabin with Hot Tub, Resort Amenities
Cabin · 2 bd · 2 ba · sleeps 4 · 0.6 mi
Revenue $40,646ADR $244Occ ≈ 46%5★ (165)
Airbnb
Couples Retreat-Jacuzzi-Fireplace-Resort Amenities
Cabin · 2 bd · 2 ba · sleeps 6 · 0.6 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $63,127ADR $304Occ ≈ 57%5★ (33)
Airbnb Vrbo
Storybook Cabin-Hot Tub, Fire Pit & Tree Top Views
Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.6 mi
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $44,976ADR $197Occ ≈ 63%5★ (90)
Airbnb Vrbo
Frank's Cabin
House · 2 bd · 2 ba · sleeps 4 · 0.6 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $26,858ADR $126Occ ≈ 58%5★ (48)
Airbnb
Curley's Cozy Cabin|Private Porch|Wooded Escape
Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $5,704ADR $206Occ ≈ 8%5★ (3)
Airbnb
Rustic Cabin Escape - Peaceful + Private
Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi
Revenue $7,533ADR $207Occ ≈ 10%5★ (2)
Delisted
Cedar Shoals - Riverfront, Hot Tub - Minimum Age
Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi
Revenue $58,958ADR $271Occ ≈ 60%5★ (66)
Airbnb

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Woodglen Hideaway Cabin A/C Free parking Pets OK Wifi +4	2 bd · 2 ba · sleeps 6	$36,218	$171	58%	5★ (24)	0.3 mi	Airbnb Vrbo
2 BR home with outdoor patio and hot tub access Cabin Hot tub Pool A/C Pets OK +4	2 bd · 2 ba · sleeps 4	$1,550	$221	2%	—	0.5 mi	Airbnb Vrbo Booking
Dwell and Wander Stay Cabin Hot tub Pool A/C Pets OK +5	2 bd · 2 ba · sleeps 4	$1,887	$269	2%	—	0.5 mi	Airbnb Vrbo
Cozy Boho Cabin with Hot Tub, Resort Amenities Cabin	2 bd · 2 ba · sleeps 4	$40,646	$244	46%	5★ (165)	0.6 mi	Airbnb
Couples Retreat-Jacuzzi-Fireplace-Resort Amenities Cabin Hot tub Pool A/C Free parking +6	2 bd · 2 ba · sleeps 6	$63,127	$304	57%	5★ (33)	0.6 mi	Airbnb Vrbo
Storybook Cabin-Hot Tub, Fire Pit & Tree Top Views Cabin Hot tub Pool A/C Free parking +5	2 bd · 1.5 ba · sleeps 4	$44,976	$197	63%	5★ (90)	0.6 mi	Airbnb Vrbo
Frank's Cabin House Hot tub A/C Free parking Wifi +3	2 bd · 2 ba · sleeps 4	$26,858	$126	58%	5★ (48)	0.6 mi	Airbnb
Curley's Cozy Cabin\|Private Porch\|Wooded Escape Cabin A/C Free parking Wifi Kitchen +2	2 bd · 2 ba · sleeps 6	$5,704	$206	8%	5★ (3)	0.7 mi	Airbnb
Rustic Cabin Escape - Peaceful + Private Cabin	2 bd · 2 ba · sleeps 6	$7,533	$207	10%	5★ (2)	0.7 mi	Delisted
Cedar Shoals - Riverfront, Hot Tub - Minimum Age Cabin	2 bd · 2 ba · sleeps 6	$58,958	$271	60%	5★ (66)	0.7 mi	Airbnb

Show 2 more

Two Bedroom Lodge
Villa · 2 bd · 1 ba · sleeps 4 · 0.7 mi
- Pool
- A/C
- Free parking
- Pets OK
- +5
Revenue $2,782ADR $208Occ ≈ 4%—
Airbnb Vrbo
Ellijay Resort Home w/ Hot Tub & Fire Pit!
House · 2 bd · 2 ba · sleeps 6 · 0.7 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $28,494ADR $221Occ ≈ 35%5★ (35)
Airbnb Vrbo Booking

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Two Bedroom Lodge Villa Pool A/C Free parking Pets OK +5	2 bd · 1 ba · sleeps 4	$2,782	$208	4%	—	0.7 mi	Airbnb Vrbo
Ellijay Resort Home w/ Hot Tub & Fire Pit! House Hot tub Pool A/C Free parking +6	2 bd · 2 ba · sleeps 6	$28,494	$221	35%	5★ (35)	0.7 mi	Airbnb Vrbo Booking

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

Purchase priceAlready furnishedTax bracketCount tax savings in returnsOnly if you can use the losses (STR loophole)

Est. revenue

$34,016

NOI

$14,606

Cash flow /mo

$1,217

Cash needed

$307,096

Cash-on-cash (all cash)

4.8%

ROE (yr 1)

7.5%

Cap rate

5.2%

DSCR

—

Year-1 write-off

$66,662

Year-1 tax shield @ 32%

$21,332

Year-1 return on equity

Cash flow (annual)$14,606
Principal paydown (n/a, cash)$0
Appreciation at%$8,397

ROE7.5%

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)$6,803
Platform fees (3% of revenue)$1,020
Maintenance / capex (5% of revenue)$1,701
Utilities & supplies$4,200
HOA$1,188
Property tax$1,475
Insurance (STR-rated)$3,023

Cash needed to close

Purchase price (all cash)$279,900
Closing costs (4.0%)$11,196
Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

Tax shield @ 32%$21,332

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

$238,000

Short-life (5/15-yr)

$50,000 · 21%

Year-1 deduction

$67,000

Year-1 tax shield @ 32%

$21,000

Land 15% (market default, no usable tax-record split) · building $187,000 over 39 years · new furniture $16,000

Based on: 910 sq ft, built 2005, 2 bd / 1 ba, unfurnished, listing features (fireplace, stone counters, flooring types, appliance list, septic, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $50,000 in year 1 (14% short-life, $16,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$54,400

Kitchen cabinetsdefault
$7,800 new × 40% good × 2.18 allocation
$6,800
Kitchen countertops (stone)listing
$8,000 new × 40% good × 2.18 allocation
$6,900
Decorative trimdefault
$1,600 new × 40% good × 2.18 allocation
$1,400
Mirrorsdefault
$200 new × 40% good × 2.18 allocation
$100
Shelvingdefault
$900 new × 40% good × 2.18 allocation
$800
Window coverings (9)default
$2,300 new × 40% good × 2.18 allocation
$2,000
Carpet, vinyl & laminate (100% of floors)listing
$5,900 new × 40% good × 2.18 allocation
$5,100
Kitchen & laundry equipment plumbingdefault
$6,100 new × 58% good × 2.18 allocation
$7,700
Kitchen, laundry & data equipment electricaldefault
$3,700 new × 58% good × 2.18 allocation
$4,600
Appliances (range, microwave, dishwasher)listing
$3,500 new × 40% good × 2.18 allocation
$3,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
$16,000

15-year land improvements$12,000

Paving: driveway & walks (paved)default
$6,300 new × 50% good × 2.18 allocation
$6,800
Landscaping (minimal)listing
$3,000 new × 50% good × 2.18 allocation
$3,300
Patiosdefault
$900 new × 50% good × 2.18 allocation
$1,000
Decks & porches (attached)default
$900 new × 50% good × 2.18 allocation
$1,000

Building, 39-year$187,500

Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$98,400 new × 65% good × 2.18 allocation
$139,200
Building plumbing & fixturesdefault
$10,200 new × 58% good × 2.18 allocation
$12,800
Building electrical & lightingdefault
$8,800 new × 58% good × 2.18 allocation
$11,100
HVACdefault
$10,300 new × 40% good × 2.18 allocation
$8,900
Fireplacelisting
$2,600 new × 40% good × 2.18 allocation
$2,300
Septic systemlisting
$12,000 new × 50% good × 2.18 allocation
$13,100

About the property

Sold furnishedGame roomHot tubPoolDeckDrivewayLandscapingFencedIrrigationLong-term rental (27.5-yr)Carpet / vinyl / laminate %Placed in serviceClosing costs $ (adds to basis)Land %Bonus depreciation %

Depreciation schedule: typical cost seg study

Year	5-yr	15-yr	Building	Total
1	$54,400	$12,000	$200	$66,700
2	$0	$0	$4,800	$4,800
3	$0	$0	$4,800	$4,800
4	$0	$0	$4,800	$4,800
5	$0	$0	$4,800	$4,800
6+	$0	$0	$168,000	$168,000
Total	$54,400	$12,000	$187,500	$253,900

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.