999 N Laurel Rdg N
Blue Ridge, GA 30513
$725,000
3 bd · 2 ba · Listed 2d ago
View on Realtor.com →Year built
1989
Sqft
—
Lot sqft
60,113
HOA / mo
None
Furnished
No
List date
2026-11-10T20:55:59.000000Z
Revenue
Annual revenue
$32,129
ADR
$203
Occupancy
43%
Cleaning fees (12 mo)
$5,712
Confidence
Low (45.85), 14 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $23,025
Blue Ridge Vibes @ Laurel Ridge
Cabin · 3 bd · 2.5 ba · sleeps 6 · 253 ft
- A/C
- Free parking
- Pets OK
- Wifi
- +2
Revenue $20,338ADR $284Occ ≈ 20%5★ (15)
Whispering Winds- hot tub, firepit, screened porch
Cabin · 3 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $19,866ADR $195Occ ≈ 28%4.8★ (26)
Mel's Cabin - Reset and relax!
Cabin · 3 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $5,128ADR $252Occ ≈ 6%5★ (0)
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Blue Ridge Vibes @ Laurel Ridge Cabin
| 3 bd · 2.5 ba · sleeps 6 | $20,338 | $284 | 20% | 5★ (15) | 253 ft | Airbnb |
Antler Ridge Hideaway House
| 3 bd · 3 ba · sleeps 8 | $41,070 | $222 | 51% | 4.8★ (434) | 400 ft | AirbnbVrboBooking |
Whispering Winds- hot tub, firepit, screened porch Cabin | 3 bd · 2 ba · sleeps 6 | $19,866 | $195 | 28% | 4.8★ (26) | 0.2 mi | Airbnb |
Laurel Mountain Chalet Cabin
| 3 bd · 2 ba · sleeps 6 | $21,150 | $240 | 24% | 4.8★ (72) | 0.2 mi | AirbnbVrboBooking |
Luxury cabin overlooking the creek with privacy Cabin
| 3 bd · 2 ba · sleeps 6 | $46,524 | $211 | 60% | 4.7★ (175) | 0.2 mi | AirbnbVrboBooking |
Castle Creek - Nearby creek, & cozy hot tub! Cabin
| 3 bd · 3 ba · sleeps 7 | $46,166 | $248 | 51% | 4.8★ (107) | 0.2 mi | AirbnbVrboBooking |
Mel's Cabin - Reset and relax! Cabin | 3 bd · 2 ba · sleeps 6 | $5,128 | $252 | 6% | 5★ (0) | 0.2 mi | Delisted |
Mel's Cabin - Reset and relax! Cabin | 3 bd · 2 ba · sleeps 6 | $23,025 | $180 | 35% | 4.8★ (104) | 0.2 mi | AirbnbBooking |
Laurel Escape - pet, hiker & family friendly cabin Cabin
| 3 bd · 2 ba · sleeps 6 | $53,255 | $158 | 92% | 5★ (110) | 0.3 mi | AirbnbVrbo |
Genuine Log Cabin, Long Range Mntn. Views, 4 Acres Cabin
| 3 bd · 2 ba · sleeps 6 | $62,096 | $194 | 88% | 4.9★ (555) | 0.3 mi | AirbnbVrbo |
Show 3 more
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
 Near Hiking & Dtwn Blue Ridge! Forest Sanctuary Cabin
| 3 bd · 2 ba · sleeps 6 | $12,724 | $173 | 20% | 4.7★ (97) | 0.3 mi | AirbnbVrboBooking |
 Rustic, premium cabin for solace and nature Cabin
| 3 bd · 2.5 ba · sleeps 7 | $33,035 | $196 | 46% | 5★ (119) | 0.4 mi | AirbnbVrbo |
 Crocket Trails Cabin
| 3 bd · 3 ba · sleeps 7 | $18,218 | $309 | 16% | 4.7★ (75) | 0.7 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 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium
Est. revenue
$32,129
NOI
$5,230
Cash flow /mo
-$3,527
Cash needed
$229,750
Cash-on-cash
-18.4%
ROE (yr 1)
-7.0%
Cap rate
0.7%
DSCR
0.11
Year-1 write-off
$181,130
Year-1 tax shield @ 32%
$57,961
Year-1 return on equity
- Cash flow (annual)-$42,330
- Principal paydown$4,606
- Appreciation at%$21,750
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)$6,426
- Platform fees (3% of revenue)$964
- Maintenance / capex (5% of revenue)$1,606
- Utilities & supplies$4,200
- HOA$0
- Property tax$5,873
- Insurance (STR-rated)$7,830
Cash needed to close
- Down payment (25%)$181,250
- Closing costs (4.0%)$29,000
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$57,961
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
$616,000
Short-life (5/15-yr)
$161,000 · 26%
Year-1 deduction
$181,000
Year-1 tax shield @ 32%
$58,000
Land 15% (market default, no usable tax-record split) · building $455,000 over 39 years · new furniture $20,000
Based on: ~1,900 sq ft (from beds), built 1989, 3 bd / 2 ba, unfurnished, listing features (hot tub, deck, fireplace, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $106,000 in year 1 (14% short-life, $34,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $15,100
Kitchen cabinetsdefault
$10,000 new × 40% good × 3.79 allocation
- $12,400
Kitchen countertopsdefault
$8,200 new × 40% good × 3.79 allocation
- $5,000
Decorative trimdefault
$3,300 new × 40% good × 3.79 allocation
- $500
Mirrorsdefault
$300 new × 40% good × 3.79 allocation
- $1,800
Shelvingdefault
$1,200 new × 40% good × 3.79 allocation
- $7,200
Window coverings (19)default
$4,800 new × 40% good × 3.79 allocation
- $11,800
Kitchen & laundry equipment plumbingdefault
$7,800 new × 40% good × 3.79 allocation
- $7,100
Kitchen, laundry & data equipment electricaldefault
$4,700 new × 40% good × 3.79 allocation
- $8,900
Appliances (microwave, dishwasher, refrigerator, washer, dryer)listing
$5,900 new × 40% good × 3.79 allocation
- $13,600
Hot tub (freestanding)listing
$9,000 new × 40% good × 3.79 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $17,100
Paving: driveway & walks (paved)default
$9,000 new × 50% good × 3.79 allocation
- $16,500
Landscaping (typical)default
$8,700 new × 50% good × 3.79 allocation
- $3,600
Patiosdefault
$1,900 new × 50% good × 3.79 allocation
- $40,500
Decks & porches (attached)listing
$21,400 new × 50% good × 3.79 allocation
- $312,600
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$206,100 new × 40% good × 3.79 allocation
- $32,400
Building plumbing & fixturesdefault
$21,400 new × 40% good × 3.79 allocation
- $32,400
Building electrical & lightingdefault
$21,400 new × 40% good × 3.79 allocation
- $32,500
HVACdefault
$21,400 new × 40% good × 3.79 allocation
- $18,500
Hardwood & tile floorsdefault
$12,200 new × 40% good × 3.79 allocation
- $4,000
Fireplacelisting
$2,600 new × 40% good × 3.79 allocation
- $22,700
Septic systemlisting
$12,000 new × 50% good × 3.79 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $103,000 | $77,700 | $500 | $181,100 |
| 2 | $0 | $0 | $11,700 | $11,700 |
| 3 | $0 | $0 | $11,700 | $11,700 |
| 4 | $0 | $0 | $11,700 | $11,700 |
| 5 | $0 | $0 | $11,700 | $11,700 |
| 6+ | $0 | $0 | $407,900 | $407,900 |
| Total | $103,000 | $77,700 | $455,100 | $635,700 |
The building's share of the price ($616,000) is 3.8x our depreciated replacement cost of the home ($163,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.
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.