STR Yield
← Back to deals
1301 Reedmont Way

1301 Reedmont Way

Sevierville, TN 37876

$1,126,020

5 bd · 5 ba · 3,532 sqft · Listed 1d ago

View on Realtor.com →
Est. land %

Year built

2025

Sqft

3,532

Lot sqft

436

HOA / mo

$199

Furnished

No

List date

2026-10-02T18:38:29.000000Z

Revenue

Annual revenue

$108,687

ADR

$504

Occupancy

59%

Cleaning fees (12 mo)

$21,200

Confidence

High (73.48), 29 comps

Comp revenue range (p25 / median / p75)

$94,579$103,485$114,164

Median revenue of shown comps: $102,028

  • 5 BR|5 BA| Sleeps13|Game Room| Rooftop w Hot Tub |

    Cabin · 5 bd · 5 ba · sleeps 13 · 105 ft

    Revenue $97,867ADR $540Occ ≈ 50%4.6★ (30)

    AirbnbVrboBooking

  • Heated Indoor Pool, Theater, Game Room & Hot Tub

    Cabin · 5 bd · 4.5 ba · sleeps 16 · 171 ft

    Revenue $114,164ADR $742Occ ≈ 42%4.8★ (20)

    AirbnbVrbo

  • 5 BR|5 BA| Sleeps13|Game Room| Rooftop w Hot Tub |

    Cabin · 5 bd · 5 ba · sleeps 13 · 315 ft

    Revenue $94,984ADR $536Occ ≈ 49%4.8★ (30)

    AirbnbVrboBooking

  • Luxe stay, Sleeps 12・Indoor Pool・Hot Tub・Games

    Cabin · 5 bd · 4.5 ba · sleeps 12 · 354 ft

    Revenue $70,466ADR $481Occ ≈ 40%4.6★ (311)

    AirbnbVrboBooking

  • Luxe stay, Sleeps 12・Indoor Pool・Hot Tub・Games

    Cabin · 5 bd · 4.5 ba · sleeps 12 · 466 ft

    Revenue $125,091ADR $445Occ ≈ 77%4.5★ (28)

    Vrbo

  • Luxe stay, Sleeps 12・Indoor Pool・Hot Tub・Games

    Cabin · 5 bd · 4.5 ba · sleeps 12 · 479 ft

    Revenue $123,634ADR $432Occ ≈ 78%3★ (3)

    Vrbo

  • LUXE Cabin/Pool! Hot Tub! Sauna/Golf Sim & Theater

    Cabin · 5 bd · 4.5 ba · sleeps 16 · 0.1 mi

    Revenue $73,084ADR $636Occ ≈ 31%5★ (21)

    AirbnbVrboBooking

  • NEW! 5 BD|BA Luxe w/ Rooftop, Hot Tub, Game Room+

    Cabin · 5 bd · 5 ba · sleeps 12 · 0.1 mi

    Revenue $109,290ADR $712Occ ≈ 42%5★ (2)

    AirbnbVrbo

  • Indoor Pool • Golf SIM • Sauna • Hot Tub •

    House · 5 bd · 5 ba · sleeps 12 · 0.1 mi

    Revenue $37,452ADR $655Occ ≈ 16%5★ (11)

    AirbnbVrbo

  • Smokies Sunset Splash

    Vacation home · 5 bd · 4 ba · sleeps 14 · 0.2 mi

    Revenue $161,470ADR $823Occ ≈ 54%—

    Booking

Show 18 more
  • Sunshine Ridge Stays - Luxury cabin with Rooftop, Indoor Pool, Game Room & Hot Tub

    Vacation home · 5 bd · 6 ba · sleeps 12 · 0.2 mi

    Revenue $132,516ADR $621Occ ≈ 58%5★ (4)

    Booking

  • 5BR/5BA / Indoor Pool Rooftop Hot Tub/ Stunning Vi

    House · 5 bd · 5 ba · sleeps 12 · 0.2 mi

    Revenue $94,863ADR $578Occ ≈ 45%4.8★ (8)

    AirbnbVrboBooking

  • 5BR Luxury Cabin・Pool・Near Dollywood / Water Parks

    Cabin · 5 bd · 4.5 ba · sleeps 12 · 0.2 mi

    Revenue $107,685ADR $419Occ ≈ 70%4.3★ (25)

    AirbnbVrbo

  • Smokies Sunset Splash

    Cabin · 5 bd · 4 ba · sleeps 14 · 0.2 mi

    Revenue $127,425ADR $760Occ ≈ 46%4.8★ (26)

    AirbnbVrbo

  • Luxe Stay N Smokies W Indoor Pool ・Hot Tub・Games

    Cabin · 5 bd · 4.5 ba · sleeps 12 · 0.2 mi

    Revenue $107,967ADR $446Occ ≈ 66%4.5★ (15)

    AirbnbVrbo

  • Luxe stay, Sleeps 12・Indoor Pool・Hot Tub・Games

    Cabin · 5 bd · 5 ba · sleeps 12 · 0.2 mi

    Revenue $135,528ADR $435Occ ≈ 85%5★ (2)

    Vrbo

  • Luxe stay, Sleeps 12・Indoor Pool・Hot Tub・Games

    Cabin · 5 bd · 4.5 ba · sleeps 12 · 0.2 mi

    Revenue $103,823ADR $387Occ ≈ 74%4.6★ (5)

    Vrbo

  • Modern Luxury・Pool, Hot Tub & Near Water Parks!

    Cabin · 5 bd · 4.5 ba · sleeps 12 · 0.2 mi

    Revenue $50,470ADR $523Occ ≈ 26%4.7★ (434)

    AirbnbVrboBooking

  • Modern Luxury・Pool, Hot Tub & Near Water Parks!

    Cabin · 5 bd · 4.5 ba · sleeps 12 · 0.2 mi

    Revenue $92,847ADR $356Occ ≈ 71%4.5★ (6)

    Vrbo

  • Modern Luxury・Pool, Hot Tub & Near Water Parks!

    Cabin · 5 bd · 4.5 ba · sleeps 12 · 0.2 mi

    Revenue $100,570ADR $396Occ ≈ 70%4.5★ (4)

    Vrbo

  • Modern Luxury・Pool, Hot Tub & Near Water Parks!

    Cabin · 5 bd · 4.5 ba · sleeps 12 · 0.2 mi

    Revenue $94,579ADR $395Occ ≈ 66%4.8★ (5)

    Vrbo

  • Modern Luxury・Pool, Hot Tub & Near Water Parks!

    Cabin · 5 bd · 4.5 ba · sleeps 12 · 0.2 mi

    Revenue $103,485ADR $373Occ ≈ 76%3.4★ (8)

    Vrbo

  • 5BR Luxury Cabin・Pool・Near Dollywood / Water Parks

    Cabin · 5 bd · 4.5 ba · sleeps 12 · 0.2 mi

    Revenue $51,859ADR $406Occ ≈ 35%—

    Vrbo

  • Modern Luxury・Pool, Hot Tub & Near Water Parks!

    Cabin · 5 bd · 4.5 ba · sleeps 12 · 0.2 mi

    Revenue $105,925ADR $383Occ ≈ 76%4.5★ (7)

    Vrbo

  • Modern Luxury・Pool, Hot Tub & Near Water Parks!

    Cabin · 5 bd · 4.5 ba · sleeps 12 · 0.2 mi

    Revenue $108,045ADR $404Occ ≈ 73%4.9★ (16)

    Vrbo

  • Modern Luxury・Pool, Hot Tub & Near Water Parks!

    Cabin · 5 bd · 4.5 ba · sleeps 12 · 0.2 mi

    Revenue $96,292ADR $394Occ ≈ 67%4.8★ (4)

    Vrbo

  • Modern Luxury・Pool, Hot Tub & Near Water Parks!

    Cabin · 5 bd · 4.5 ba · sleeps 12 · 0.2 mi

    Revenue $100,212ADR $381Occ ≈ 72%4.3★ (16)

    Vrbo

  • A Contemporary Spring Haven w Private Indoor Pool!

    Cabin · 5 bd · 4.5 ba · sleeps 12 · 0.3 mi

    Revenue $79,182ADR $413Occ ≈ 53%4.8★ (39)

    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

$108,687

NOI

$60,481

Cash flow /mo

$5,040

Cash needed

$1,197,561

Cash-on-cash (all cash)

5.1%

ROE (yr 1)

7.9%

Cap rate

5.4%

DSCR

—

Year-1 write-off

$278,129

Year-1 tax shield @ 32%

$89,001

Year-1 return on equity

  • Cash flow (annual)$60,481
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$33,781
ROE7.9%

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)$21,737
  • Platform fees (3% of revenue)$3,261
  • Maintenance / capex (5% of revenue)$5,434
  • Utilities & supplies$4,200
  • HOA$2,388
  • Property tax$4,430
  • Insurance (STR-rated)$6,756

Cash needed to close

  • Purchase price (all cash)$1,126,020
  • Closing costs (4.0%)$45,041
  • Furnishing (bought new)$26,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$89,001

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

$957,000

Short-life (5/15-yr)

$251,000 · 26%

Year-1 deduction

$278,000

Year-1 tax shield @ 32%

$89,000

Land 15% (market default, no usable tax-record split) · building $706,000 over 39 years · new furniture $27,000

Based on: 3,532 sq ft, built 2025, 5 bd / 5 ba, unfurnished, listing features (pool, deck, fireplace, flooring types, appliance list, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $183,000 in year 1 (16% short-life, $59,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$112,800
  • Kitchen cabinetsdefault

    $13,500 new × 96% good × 1.36 allocation

    $17,700
  • Kitchen countertopsdefault

    $11,100 new × 96% good × 1.36 allocation

    $14,500
  • Decorative trimdefault

    $6,200 new × 96% good × 1.36 allocation

    $8,100
  • Mirrorsdefault

    $800 new × 92% good × 1.36 allocation

    $900
  • Shelvingdefault

    $1,800 new × 96% good × 1.36 allocation

    $2,300
  • Window coverings (35)default

    $8,800 new × 90% good × 1.36 allocation

    $10,700
  • Kitchen & laundry equipment plumbingdefault

    $10,500 new × 98% good × 1.36 allocation

    $14,000
  • Kitchen, laundry & data equipment electricaldefault

    $6,400 new × 98% good × 1.36 allocation

    $8,500
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 92% good × 1.36 allocation

    $9,600
  • Furniture bought newlisting

    $26,500 new × 100% good · bought separately

    $26,500
15-year land improvements$164,500
  • Paving: driveway & walks (paved)default

    $12,300 new × 96% good × 1.36 allocation

    $16,100
  • Landscaping (minimal)listing

    $5,900 new × 96% good × 1.36 allocation

    $7,700
  • Patiosdefault

    $3,500 new × 96% good × 1.36 allocation

    $4,600
  • Decks & porches (attached)listing

    $39,700 new × 95% good × 1.36 allocation

    $51,300
  • Pool (in-ground)listing

    $65,000 new × 96% good × 1.36 allocation

    $84,800
Building, 39-year$706,200
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $383,400 new × 98% good × 1.36 allocation

    $512,600
  • Building plumbing & fixturesdefault

    $39,800 new × 98% good × 1.36 allocation

    $53,100
  • Building electrical & lightingdefault

    $42,000 new × 98% good × 1.36 allocation

    $56,000
  • HVACdefault

    $39,800 new × 95% good × 1.36 allocation

    $51,400
  • Hardwood & tile floorsdefault

    $22,700 new × 96% good × 1.36 allocation

    $29,700
  • Fireplacelisting

    $2,600 new × 96% good × 1.36 allocation

    $3,400

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$112,800$164,500$800$278,100
2$0$0$18,100$18,100
3$0$0$18,100$18,100
4$0$0$18,100$18,100
5$0$0$18,100$18,100
6+$0$0$633,100$633,100
Total$112,800$164,500$706,200$983,600

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.