329 Ownby St Unit 1404
Gatlinburg, TN 37738
$479,999
2 bd · 2 ba · 950 sqft · Listed 1d ago
View on Realtor.com →Year built
2026
Sqft
950
Lot sqft
436
HOA / mo
$400
Furnished
No
List date
2026-10-21T14:10:34.000000Z
Revenue
Annual revenue
$36,013
ADR
$208
Occupancy
47%
Cleaning fees (12 mo)
$3,301
Confidence
Low (35.73), 49 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $34,030
Relaxing Smoky Mountain Condo Near Town
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 102 ft
Revenue $1,812ADR $302Occ ≈ 2%—
Delisted
Peaceful Smoky Mountain Escape Near Town!
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 157 ft
Revenue $2,718ADR $302Occ ≈ 2%—
Delisted
Smoky Mountain Condo Retreat Near Downtown
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 190 ft
Revenue $1,320ADR $243Occ ≈ 1%—
Delisted
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 197 ft
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $5,650ADR $107Occ ≈ 14%—
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 197 ft
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $6,419ADR $121Occ ≈ 15%—
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 200 ft
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $8,745ADR $119Occ ≈ 20%5★ (2)
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 200 ft
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $8,211ADR $132Occ ≈ 17%3★ (1)
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 200 ft
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $7,777ADR $119Occ ≈ 18%2★ (1)
Relaxing Mountain Escape
Apartment · 2 bd · 1 ba · sleeps 4 · 233 ft
Revenue $17,917ADR $192Occ ≈ 26%4.5★ (3)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Relaxing Smoky Mountain Condo Near Town Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $1,812 | $302 | 2% | — | 102 ft | Delisted |
Peaceful Smoky Mountain Escape Near Town! Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $2,718 | $302 | 2% | — | 157 ft | Delisted |
Smoky Mountain Condo Retreat Near Downtown Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $1,320 | $243 | 1% | — | 190 ft | Delisted |
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4 Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $5,650 | $107 | 14% | — | 197 ft | Vrbo |
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4 Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $6,419 | $121 | 15% | — | 197 ft | Vrbo |
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4 Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $8,745 | $119 | 20% | 5★ (2) | 200 ft | Vrbo |
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4 Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $8,211 | $132 | 17% | 3★ (1) | 200 ft | Vrbo |
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4 Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $7,777 | $119 | 18% | 2★ (1) | 200 ft | Vrbo |
Relaxing Mountain Escape Apartment | 2 bd · 1 ba · sleeps 4 | $17,917 | $192 | 26% | 4.5★ (3) | 233 ft | Booking |
Downtown Gatlinburg Condo Near Smoky Mountains Apartment
| 2 bd · 2 ba · sleeps 4 | $1,904 | $95 | 5% | 5★ (3) | 246 ft | AirbnbVrboBooking |
Show 39 more
Cozy New Condo Minutes from Downtown
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 335 ft
Revenue $1,610ADR $230Occ ≈ 2%—
Delisted
Spacious two bedroom condo sleeps 4 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 367 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $47,276ADR $241Occ ≈ 54%5★ (14)
two bedroom condo sleeps 8 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +4
Revenue $36,463ADR $222Occ ≈ 45%4.6★ (74)
two bedroom condo sleeps 6 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $34,530ADR $218Occ ≈ 43%4.5★ (66)
two bedroom condo sleeps 6 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $39,387ADR $214Occ ≈ 50%4.5★ (50)
two bedroom condo sleeps 6 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $33,551ADR $234Occ ≈ 39%4.4★ (73)
two bedroom condo sleeps 6 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $44,851ADR $216Occ ≈ 57%4.5★ (93)
two bedroom condo sleeps 4 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $32,836ADR $218Occ ≈ 41%4.7★ (93)
two bedroom condo sleeps 6 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $36,474ADR $222Occ ≈ 45%4.6★ (67)
two bedroom condo sleeps 8 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $33,548ADR $225Occ ≈ 41%4.5★ (79)
two bedroom condo sleeps 4 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +4
Revenue $42,711ADR $241Occ ≈ 49%4.8★ (93)
two bedroom condo sleeps 6 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $50,433ADR $223Occ ≈ 62%4.4★ (86)
two bedroom condo sleeps 8 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $31,566ADR $226Occ ≈ 38%4.6★ (87)
two bedroom condo sleeps 6 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +4
Revenue $39,526ADR $223Occ ≈ 49%4.6★ (87)
two bedroom condo sleeps 8 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $33,733ADR $224Occ ≈ 41%4.5★ (73)
two bedroom condo sleeps 6 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $38,917ADR $221Occ ≈ 48%4.4★ (53)
two bedroom condo sleeps 6 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $39,008ADR $226Occ ≈ 47%4.7★ (58)
two bedroom condo sleeps 4 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $32,640ADR $230Occ ≈ 39%4.6★ (83)
Beautiful two bedroom condo that sleeps 4
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $43,546ADR $244Occ ≈ 49%4.8★ (89)
Two bedroom condo sleeps 6 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $38,099ADR $220Occ ≈ 47%4.3★ (60)
two bedroom condo sleeps 7 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $50,906ADR $239Occ ≈ 58%4.8★ (81)
two bedroom condo sleeps 4 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $44,606ADR $235Occ ≈ 52%4.6★ (78)
two bedroom condo sleeps 6 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $39,238ADR $219Occ ≈ 49%4.6★ (56)
Unit 102 Spacious two bedroom condo sleeps 8 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $35,503ADR $226Occ ≈ 43%4.4★ (72)
two bedroom condo sleeps 6 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $35,597ADR $229Occ ≈ 43%4.7★ (71)
two bedroom condo, sleeps 8
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +4
Revenue $53,877ADR $245Occ ≈ 60%4.9★ (121)
two bedroom condo sleeps 8 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 404 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $40,922ADR $221Occ ≈ 51%4.4★ (93)
two bedroom condo sleeps 4 persons
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 459 ft
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $57,205ADR $242Occ ≈ 65%4.8★ (125)
Peaceful Gatlinburg Condo Escape Near Downtown
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.1 mi
Revenue $1,288ADR $184Occ ≈ 2%—
Delisted
Bears den 2
Place · 2 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $26,433ADR $221Occ ≈ 33%4.8★ (140)
Delisted
A+ CONDO AWESOME LOCATION INSTALLED NEW MATTRESSES IN BOTH BEDROOMS - AUG 2025
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.1 mi
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $34,030ADR $160Occ ≈ 58%4.7★ (280)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Cozy New Condo Minutes from Downtown Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $1,610 | $230 | 2% | — | 335 ft | Delisted |
Spacious two bedroom condo sleeps 4 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $47,276 | $241 | 54% | 5★ (14) | 367 ft | Vrbo |
two bedroom condo sleeps 8 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 8 | $36,463 | $222 | 45% | 4.6★ (74) | 404 ft | Vrbo |
two bedroom condo sleeps 6 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $34,530 | $218 | 43% | 4.5★ (66) | 404 ft | Vrbo |
two bedroom condo sleeps 6 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $39,387 | $214 | 50% | 4.5★ (50) | 404 ft | Vrbo |
two bedroom condo sleeps 6 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $33,551 | $234 | 39% | 4.4★ (73) | 404 ft | Vrbo |
two bedroom condo sleeps 6 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $44,851 | $216 | 57% | 4.5★ (93) | 404 ft | Vrbo |
two bedroom condo sleeps 4 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $32,836 | $218 | 41% | 4.7★ (93) | 404 ft | Vrbo |
two bedroom condo sleeps 6 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $36,474 | $222 | 45% | 4.6★ (67) | 404 ft | Vrbo |
two bedroom condo sleeps 8 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 8 | $33,548 | $225 | 41% | 4.5★ (79) | 404 ft | Vrbo |
two bedroom condo sleeps 4 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $42,711 | $241 | 49% | 4.8★ (93) | 404 ft | Vrbo |
two bedroom condo sleeps 6 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $50,433 | $223 | 62% | 4.4★ (86) | 404 ft | Vrbo |
two bedroom condo sleeps 8 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 8 | $31,566 | $226 | 38% | 4.6★ (87) | 404 ft | Vrbo |
two bedroom condo sleeps 6 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $39,526 | $223 | 49% | 4.6★ (87) | 404 ft | Vrbo |
two bedroom condo sleeps 8 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 8 | $33,733 | $224 | 41% | 4.5★ (73) | 404 ft | Vrbo |
two bedroom condo sleeps 6 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $38,917 | $221 | 48% | 4.4★ (53) | 404 ft | Vrbo |
two bedroom condo sleeps 6 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $39,008 | $226 | 47% | 4.7★ (58) | 404 ft | Vrbo |
two bedroom condo sleeps 4 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $32,640 | $230 | 39% | 4.6★ (83) | 404 ft | Vrbo |
Beautiful two bedroom condo that sleeps 4 Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $43,546 | $244 | 49% | 4.8★ (89) | 404 ft | Vrbo |
Two bedroom condo sleeps 6 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $38,099 | $220 | 47% | 4.3★ (60) | 404 ft | Vrbo |
two bedroom condo sleeps 7 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $50,906 | $239 | 58% | 4.8★ (81) | 404 ft | Vrbo |
two bedroom condo sleeps 4 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $44,606 | $235 | 52% | 4.6★ (78) | 404 ft | Vrbo |
two bedroom condo sleeps 6 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $39,238 | $219 | 49% | 4.6★ (56) | 404 ft | Vrbo |
Unit 102 Spacious two bedroom condo sleeps 8 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 8 | $35,503 | $226 | 43% | 4.4★ (72) | 404 ft | Vrbo |
two bedroom condo sleeps 6 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $35,597 | $229 | 43% | 4.7★ (71) | 404 ft | Vrbo |
two bedroom condo, sleeps 8 Condominium (condo)
| 2 bd · 2 ba · sleeps 8 | $53,877 | $245 | 60% | 4.9★ (121) | 404 ft | Vrbo |
two bedroom condo sleeps 8 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 8 | $40,922 | $221 | 51% | 4.4★ (93) | 404 ft | Vrbo |
Cozy Smoky Mountain Stay in Gatlinburg Near Town Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $3,469 | $181 | 5% | 4.4★ (15) | 456 ft | AirbnbVrbo |
two bedroom condo sleeps 4 persons Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $57,205 | $242 | 65% | 4.8★ (125) | 459 ft | Vrbo |
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4 Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $4,798 | $204 | 6% | 4.5★ (92) | 0.1 mi | AirbnbVrbo |
Peaceful Gatlinburg Condo Escape Near Downtown Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $1,288 | $184 | 2% | — | 0.1 mi | Delisted |
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4 Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $9,309 | $135 | 19% | 4.8★ (18) | 0.1 mi | AirbnbVrbo |
Bears den 2 Place | 2 bd · 2 ba · sleeps 6 | $26,433 | $221 | 33% | 4.8★ (140) | 0.1 mi | Delisted |
Gatlinburg Condo Near Downtown & Smoky Mountains Apartment
| 2 bd · 2 ba · sleeps 6 | $6,207 | $141 | 12% | 4.3★ (44) | 0.1 mi | AirbnbVrbo |
A+ CONDO AWESOME LOCATION INSTALLED NEW MATTRESSES IN BOTH BEDROOMS - AUG 2025 Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $34,030 | $160 | 58% | 4.7★ (280) | 0.1 mi | Vrbo |
Cozy Creek Cottage•HotTub•PoolTable•FirePit Cabin
| 2 bd · 2.5 ba · sleeps 4 | $52,026 | $283 | 50% | 4.8★ (102) | 0.2 mi | AirbnbVrbo |
Walkable Creekside Retreat with Hot Tub House
| 2 bd · 2 ba · sleeps 6 | $85,175 | $275 | 85% | 4.9★ (297) | 0.2 mi | AirbnbVrbo |
Whispering Waters Chalet | 2 bd · 1 ba · sleeps 4 | $38,323 | $276 | 38% | — | 0.3 mi | Booking |
Oak Square 305 - Ask About Free Attraction Tickets Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $32,909 | $230 | 39% | 4.5★ (47) | 0.3 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
Est. revenue
$36,013
NOI
$11,121
Cash flow /mo
$927
Cash needed
$515,199
Cash-on-cash (all cash)
2.2%
ROE (yr 1)
5.0%
Cap rate
2.3%
DSCR
—
Year-1 write-off
$219,965
Year-1 tax shield @ 32%
$70,389
Year-1 return on equity
- Cash flow (annual)$11,121
- Principal paydown (n/a, cash)$0
- Appreciation at%$14,400
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)$7,203
- Platform fees (3% of revenue)$1,080
- Maintenance / capex (5% of revenue)$1,801
- Utilities & supplies$4,200
- HOA$4,800
- Property tax$2,928
- Insurance (STR-rated)$2,880
Cash needed to close
- Purchase price (all cash)$479,999
- Closing costs (4.0%)$19,200
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$70,389
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
$408,000
Short-life (5/15-yr)
$204,000 · 50%
Year-1 deduction
$220,000
Year-1 tax shield @ 32%
$70,000
Land 15% (market default, no usable tax-record split) · building $204,000 over 39 years · new furniture $16,000
Based on: 950 sq ft, built 2026, 2 bd / 2 ba, unfurnished, listing features (pool, deck, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $177,000 in year 1 (39% short-life, $57,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $12,100
Kitchen cabinetsdefault
$7,900 new × 100% good × 1.53 allocation
- $9,900
Kitchen countertopsdefault
$6,400 new × 100% good × 1.53 allocation
- $2,500
Decorative trimdefault
$1,700 new × 100% good × 1.53 allocation
- $500
Mirrorsdefault
$300 new × 100% good × 1.53 allocation
- $1,400
Shelvingdefault
$900 new × 100% good × 1.53 allocation
- $3,800
Window coverings (10)default
$2,500 new × 100% good × 1.53 allocation
- $9,400
Carpet, vinyl & laminate (100% of floors)listing
$6,100 new × 100% good × 1.53 allocation
- $9,400
Kitchen & laundry equipment plumbingdefault
$6,100 new × 100% good × 1.53 allocation
- $5,700
Kitchen, laundry & data equipment electricaldefault
$3,700 new × 100% good × 1.53 allocation
- $12,400
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)listing
$8,100 new × 100% good × 1.53 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $9,800
Paving: driveway & walks (paved)default
$6,400 new × 100% good × 1.53 allocation
- $9,400
Landscaping (typical)default
$6,100 new × 100% good × 1.53 allocation
- $1,400
Patiosdefault
$900 new × 100% good × 1.53 allocation
- $16,400
Decks & porches (attached)listing
$10,700 new × 100% good × 1.53 allocation
- $99,600
Pool (in-ground)listing
$65,000 new × 100% good × 1.53 allocation
- $157,300
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$102,600 new × 100% good × 1.53 allocation
- $16,300
Building plumbing & fixturesdefault
$10,600 new × 100% good × 1.53 allocation
- $14,300
Building electrical & lightingdefault
$9,300 new × 100% good × 1.53 allocation
- $16,400
HVACdefault
$10,700 new × 100% good × 1.53 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $83,100 | $136,700 | $200 | $220,000 |
| 2 | $0 | $0 | $5,200 | $5,200 |
| 3 | $0 | $0 | $5,200 | $5,200 |
| 4 | $0 | $0 | $5,200 | $5,200 |
| 5 | $0 | $0 | $5,200 | $5,200 |
| 6+ | $0 | $0 | $183,100 | $183,100 |
| Total | $83,100 | $136,700 | $204,300 | $424,000 |
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.