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

606 Cohutta Mountain Rd

606 Cohutta Mountain Rd

Cherry Log, GA 30522

$575,000

2 bd · 2 ba · 1,088 sqft · Listed 15d ago

View on Realtor.com →
Rental historyEst. land %Negative cash flow

Year built

1994

Sqft

1,088

Lot sqft

44,431

HOA / mo

None

Furnished

Yes

List date

2026-09-12T00:54:07.000000Z

Revenue

Annual revenue

$47,572

ADR

$197

Occupancy

66%

Cleaning fees (12 mo)

$9,652

Confidence

Med (53.9), 49 comps

Comp revenue range (p25 / median / p75)

$27,976$42,026$55,033
  • Mountainview Getaway, hot tub, firepit, hiking

    Cabin · 2 bd · 2 ba · sleeps 4 · 400 ft

    Revenue $55,717ADR $266Occ ≈ 57%4.5★ (20)

    AirbnbVrboBooking

  • Ridgecrest | Cozy Cabin Fireplace Sunset & Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 427 ft

    Revenue $84,512ADR $246Occ ≈ 94%5★ (396)

    AirbnbVrbo

  • Sunset Nest

    Vacation home · 2 bd · 1 ba · sleeps 4 · 525 ft

    Revenue $12,117ADR $249Occ ≈ 13%—

    Booking

  • Sunrise Hideaway

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

    Revenue $42,858ADR $193Occ ≈ 61%4.9★ (76)

    AirbnbVrboBooking

  • Sunset Nest - Big Views, Close 2 Town, King BR

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.1 mi

    Revenue $18,388ADR $325Occ ≈ 16%4.8★ (4)

    AirbnbVrbo

  • Fenced Yard *No Pet Fee *Mountain Vw *Hike on site

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

    Revenue $106,283ADR $333Occ ≈ 87%5★ (201)

    AirbnbVrbo

  • Moon Pond - lake, hot tub

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.1 mi

    Revenue $18,193ADR $307Occ ≈ 16%4.5★ (3)

    AirbnbVrboBooking

  • Peace of Heaven

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.2 mi

    Revenue $55,033ADR $199Occ ≈ 76%5★ (91)

    AirbnbVrboBooking

  • Cherry On Top | Cherry Log, GA

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

    Revenue $57,635ADR $327Occ ≈ 48%4.8★ (72)

    AirbnbVrbo

  • *Storytellers Cabin* Arcade~Hot Tub~Rustic~Family

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

    Revenue $55,457ADR $230Occ ≈ 66%4.6★ (109)

    AirbnbVrboBooking

Show all 49 comps
  • Mountain View + Hot Tub, Fire Pit, and Bed Swing

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.2 mi

    Revenue $33,105ADR $205Occ ≈ 44%4.9★ (51)

    AirbnbVrbo

  • Moon Ridge Retreat- Pets OK, Screened Porch, View!

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

    Revenue $18,386ADR $296Occ ≈ 17%4.5★ (2)

    AirbnbVrboBooking

  • Lakefront Boho Cabin, Kayaks,Fishing,Hot tub,Games

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

    Revenue $35,672ADR $281Occ ≈ 35%—

    Vrbo

  • Peaceful Cabin 15 Minutes from Blue Ridge!

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

    Revenue $39,336ADR $240Occ ≈ 45%4.9★ (56)

    AirbnbVrbo

  • New! Hot tub, firepit, Pet Friendly

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

    Revenue $10,348ADR $190Occ ≈ 15%5★ (10)

    AirbnbVrbo

  • On The Rocks-Hot Tub-Sauna-Mtn View-Mural-Fire Pit

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

    Revenue $39,814ADR $221Occ ≈ 49%4.9★ (60)

    AirbnbVrbo

  • Red Roof Cottage in Cherry Log Mountain Georgia

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

    Revenue $23,487ADR $170Occ ≈ 38%5★ (126)

    AirbnbVrbo

  • A Mountain To Remember near Blue Ridge

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

    Revenue $48,971ADR $214Occ ≈ 63%5★ (107)

    AirbnbVrbo

  • Sunset Overlook

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

    Revenue $58,588ADR $204Occ ≈ 79%5★ (235)

    AirbnbVrbo

  • Awesome Sunset Mountain View | Solo Stove

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

    Revenue $49,913ADR $164Occ ≈ 83%5★ (483)

    AirbnbVrbo

  • Blue Ridge Hideaway w/ Fire Pit & Mtn Views!

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.3 mi

    Revenue $48,480ADR $182Occ ≈ 73%5★ (249)

    AirbnbVrboBooking

  • * Specials • Killer View! • Hot tub & Fire pit

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.3 mi

    Revenue $71,918ADR $223Occ ≈ 88%5★ (141)

    Airbnb

  • Peaceful Blue Ridge Cabin, Forest View & Fireplace

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

    Revenue $25,425ADR $167Occ ≈ 42%4.9★ (69)

    AirbnbVrboBooking

  • Couples Paradise! HotTub | Firepit | 100s of 5*s

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

    Revenue $60,697ADR $192Occ ≈ 87%5★ (454)

    AirbnbVrbo

  • Boho Lake | Lakefront,Kayaks,Fishing,Hottub,Games

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

    Revenue $81,604ADR $287Occ ≈ 78%5★ (92)

    AirbnbVrbo

  • A Cabin In the Sky near Blue Ridge, Ga

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

    Revenue $42,026ADR $205Occ ≈ 56%4.9★ (92)

    AirbnbVrbo

  • Cheery Dog Cabin - Whimsical Setting, Pet

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

    Revenue $45,522ADR $171Occ ≈ 73%4.9★ (77)

    AirbnbVrbo

  • Cherry View Lodge

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

    Revenue $62,590ADR $206Occ ≈ 83%4.9★ (177)

    AirbnbVrbo

  • Peaceful Blue Ridge Cabin w/ Decks & Fire Pit

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

    Revenue $35,081ADR $137Occ ≈ 70%4.8★ (155)

    AirbnbVrboBooking

  • Misty Lake Getaway-Hot Tub/Dog Friendly/EV Charger

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

    Revenue $54,847ADR $231Occ ≈ 65%5★ (105)

    AirbnbVrbo

  • Evergreen Chalet | Mt Views, Hot Tub, Fire Pit

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

    Revenue $9,546ADR $176Occ ≈ 15%5★ (18)

    Airbnb

  • Mountain Spirit - Hot Tub

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

    Revenue $22,784ADR $205Occ ≈ 30%5★ (602)

    AirbnbVrboBooking

  • Just Peachy - Lake View, Hot Tub, Firepit

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

    Revenue $41,097ADR $300Occ ≈ 38%3.7★ (13)

    AirbnbVrboBooking

  • Honey Hideout - Blue Ridge

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

    Revenue $22,938ADR $151Occ ≈ 42%5★ (37)

    Airbnb

  • Pet friendly cabin in the trees - Blue Ridge

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.4 mi

    Revenue $36,025ADR $145Occ ≈ 68%4.9★ (206)

    AirbnbVrbo

  • 5-Star Cabin-Best Views in GA-Hot Tub-Pups Welcome-15 Min Blue Ridge-Clean

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

    Revenue $56,513ADR $188Occ ≈ 82%5★ (372)

    Vrbo

  • Mountain Views | Hot Tub | Fire Pit | BBQ

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

    Revenue $43,292ADR $199Occ ≈ 60%4.9★ (174)

    AirbnbVrboBooking

  • Beautiful Mountain View | Fire Pit | Modern Update

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

    Revenue $57,899ADR $178Occ ≈ 89%5★ (397)

    AirbnbVrbo

  • Storybook Lodge | Cherry Log, GA

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

    Revenue $38,715ADR $279Occ ≈ 38%5★ (5)

    AirbnbVrbo

  • 'Bigfoot's Hideout' in Blue Ridge w/ Hot Tub!

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

    Revenue $41,881ADR $169Occ ≈ 68%4.8★ (137)

    AirbnbVrboBooking

  • Eventide

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

    Revenue $15,398ADR $165Occ ≈ 26%—

    Airbnb

  • Luxury Cabin | Hot Tub | Fire Pit | Stunning Views

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

    Revenue $44,908ADR $201Occ ≈ 61%5★ (73)

    Airbnb

  • Beary Relaxing

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

    Revenue $27,976ADR $154Occ ≈ 50%4.8★ (145)

    AirbnbVrboBooking

  • Leroy's Cabin: Hot Tub, Fire pit, Wifi & Mtn Views

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

    Revenue $48,165ADR $171Occ ≈ 77%5★ (161)

    Airbnb

  • Picture Perfect | $179 Off Your Stay!

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

    Revenue $23,067ADR $297Occ ≈ 21%4.8★ (178)

    AirbnbVrboBooking

  • The Wildwood House

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

    Revenue $38,975ADR $176Occ ≈ 61%5★ (111)

    AirbnbVrbo

  • Bearfoot Ridge - Hot tub, firepit, and fireplace!

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

    Revenue $35,940ADR $200Occ ≈ 49%4.7★ (75)

    AirbnbVrboBooking

  • Eagles Nest Cabin 5 Star Cabin

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

    Revenue $51,239ADR $179Occ ≈ 78%5★ (446)

    AirbnbVrbo

  • “Downing’s Den” Hot tub-Mountain views

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

    Revenue $50,546ADR $186Occ ≈ 74%5★ (149)

    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

$47,572

NOI

$19,184

Cash flow /mo

-$1,500

Cash needed

$166,750

Cash-on-cash

-10.8%

ROE (yr 1)

1.8%

Cap rate

3.3%

DSCR

0.52

Year-1 write-off

$126,823

Year-1 tax shield @ 32%

$40,583

Year-1 return on equity

  • Cash flow (annual)-$17,997
  • Principal paydown$3,763
  • Appreciation at%$17,250
ROE1.8%
ROE incl. year-1 tax savings (32% bracket, STR loophole)26.1%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$9,514
  • Platform fees (3% of revenue)$1,427
  • Maintenance / capex (5% of revenue)$2,379
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$4,658
  • Insurance (STR-rated)$6,210

Cash needed to close

  • Down payment (25%)$143,750
  • Closing costs (4.0%)$23,000
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$40,583

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

$490,000

Short-life (5/15-yr)

$126,000 · 26%

Year-1 deduction

$127,000

Year-1 tax shield @ 32%

$41,000

Land 15% (market default, no usable tax-record split) · building $364,000 over 39 years

Based on: 1,088 sq ft, built 1994, 2 bd / 2 ba, furnished, listing features (hot tub, fireplace, stone counters, flooring types, appliance list, septic, wooded lot).

IRS-guide safe-harbor floor: $88,000 in year 1 (18% short-life, $28,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$97,400
  • Kitchen cabinetsdefault

    $8,200 new × 40% good × 4.61 allocation

    $15,100
  • Kitchen countertops (stone)listing

    $8,400 new × 40% good × 4.61 allocation

    $15,400
  • Decorative trimdefault

    $1,900 new × 40% good × 4.61 allocation

    $3,500
  • Mirrorsdefault

    $300 new × 40% good × 4.61 allocation

    $600
  • Shelvingdefault

    $900 new × 40% good × 4.61 allocation

    $1,700
  • Window coverings (11)default

    $2,800 new × 40% good × 4.61 allocation

    $5,100
  • Kitchen & laundry equipment plumbingdefault

    $6,400 new × 40% good × 4.61 allocation

    $11,700
  • Kitchen, laundry & data equipment electricaldefault

    $3,800 new × 40% good × 4.61 allocation

    $7,100
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 4.61 allocation

    $14,200
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 4.61 allocation

    $16,600
  • Furniture conveyed with the sale (used)listing

    $16,000 new × 40% good · out of the price

    $6,400
15-year land improvements$28,300
  • Paving: driveway & walks (paved)default

    $6,800 new × 50% good × 4.61 allocation

    $15,800
  • Landscaping (minimal)listing

    $3,300 new × 50% good × 4.61 allocation

    $7,600
  • Patiosdefault

    $1,100 new × 50% good × 4.61 allocation

    $2,500
  • Decks & porches (attached)default

    $1,100 new × 50% good × 4.61 allocation

    $2,500
Building, 39-year$364,100
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $117,700 new × 47% good × 4.61 allocation

    $253,200
  • Building plumbing & fixturesdefault

    $12,200 new × 40% good × 4.61 allocation

    $22,500
  • Building electrical & lightingdefault

    $11,100 new × 40% good × 4.61 allocation

    $20,400
  • HVACdefault

    $12,300 new × 40% good × 4.61 allocation

    $22,600
  • Hardwood & tile floorsdefault

    $7,000 new × 40% good × 4.61 allocation

    $12,900
  • Fireplacelisting

    $2,600 new × 40% good × 4.61 allocation

    $4,900
  • Septic systemlisting

    $12,000 new × 50% good × 4.61 allocation

    $27,700

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$97,400$28,300$1,200$126,800
2$0$0$9,300$9,300
3$0$0$9,300$9,300
4$0$0$9,300$9,300
5$0$0$9,300$9,300
6+$0$0$325,500$325,500
Total$97,400$28,300$364,100$489,700

The building's share of the price ($483,000) is 4.6x our depreciated replacement cost of the home ($105,000). 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: 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.