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Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium

167 White Oak Resort Way

167 White Oak Resort Way

Gatlinburg, TN 37738

$529,000

2 bd · 2 ba · 1,498 sqft · Listed 1d ago

View on Realtor.com →
Est. land %Negative cash flow

Year built

2007

Sqft

1,498

Lot sqft

—

HOA / mo

$403

Furnished

No

List date

2026-10-10T15:11:00.000000Z

Revenue

Annual revenue

$46,445

ADR

$187

Occupancy

68%

Cleaning fees (12 mo)

$9,683

Confidence

Med (52.64), 50 comps

Comp revenue range (p25 / median / p75)

$23,585$44,465$52,526

Median revenue of shown comps: $43,105

  • Romantic- Sevierville Pigeon Forge Dollywood GSMNP

    Cabin · 2 bd · 2 ba · sleeps 6 · 49 ft

    Revenue $74,767ADR $266Occ ≈ 77%4.9★ (221)

    AirbnbVrbo

  • Arcade | Hot Tub | Easy Drive to Gatlinburg

    Cabin · 2 bd · 2 ba · sleeps 6 · 62 ft

    Revenue $47,065ADR $285Occ ≈ 45%5★ (153)

    AirbnbVrbo

  • Dancing Bear Hideaway - Hot Tub & Resort Pool

    Cabin · 2 bd · 2 ba · sleeps 8 · 112 ft

    Revenue $50,576ADR $222Occ ≈ 62%4.8★ (19)

    AirbnbVrbo

  • Gatlinburg Cabin | Hot Tub + Arcade | Sleeps 8

    Cabin · 2 bd · 2 ba · sleeps 8 · 115 ft

    Revenue $22,289ADR $267Occ ≈ 23%5★ (11)

    AirbnbVrbo

  • Beary Dream*Resort*Slps 8*Close to Gatlinburg Fun

    Cabin · 2 bd · 2 ba · sleeps 8 · 131 ft

    Revenue $24,339ADR $236Occ ≈ 28%4.7★ (7)

    AirbnbVrbo

  • Cozy Cabin,King Beds,Hot Tub, Prime Location,Games

    Cabin · 2 bd · 2 ba · sleeps 6 · 148 ft

    Revenue $45,825ADR $277Occ ≈ 45%5★ (77)

    AirbnbVrbo

  • Great Getaway - Any Time of Year!

    Cabin · 2 bd · 2 ba · sleeps 6 · 157 ft

    Revenue $23,333ADR $181Occ ≈ 35%4.9★ (42)

    AirbnbVrbo

  • Alpine Spirit by American Patriot Getaways

    Vacation home · 2 bd · 2 ba · sleeps 6 · 171 ft

    Revenue $33,403ADR $234Occ ≈ 39%5★ (1)

    Booking

  • Mimi and Pops Place by Avada Properties

    Vacation home · 2 bd · 1 ba · sleeps 4 · 190 ft

    Revenue $46,876ADR $197Occ ≈ 65%4.8★ (4)

    Booking

  • Bear Necessities-Cozy 2BR Cabin Gatlinburg-Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 194 ft

    Revenue $34,742ADR $263Occ ≈ 36%4.8★ (56)

    AirbnbVrboBooking

Show 39 more
  • Perfect Cabin Getaway | Built in 2021 | HotTub

    Cabin · 2 bd · 1 ba · sleeps 4 · 200 ft

    Revenue $43,105ADR $196Occ ≈ 60%5★ (265)

    AirbnbVrbo

  • Beary Cozy Den

    House · 2 bd · 2 ba · sleeps 8 · 223 ft

    Revenue $28,509ADR $212Occ ≈ 37%4.9★ (40)

    AirbnbVrbo

  • Cabin Time! Pool Table, Arcade Machine & Hot Tub

    House · 2 bd · 2 ba · sleeps 6 · 226 ft

    Revenue $47,831ADR $246Occ ≈ 53%5★ (258)

    AirbnbVrbo

  • Gatlinburg Mountain Cabin: 4 Mi to National Park!

    Cabin · 2 bd · 2 ba · sleeps 8 · 233 ft

    Revenue $37,734ADR $213Occ ≈ 49%5★ (70)

    AirbnbVrboBooking

  • Pool Table, Hot Tub, Arcade, WiFi, Wheelchair

    Cabin · 2 bd · 2 ba · sleeps 6 · 256 ft

    Revenue $68,241ADR $239Occ ≈ 78%4.8★ (241)

    AirbnbVrbo

  • Stunning32 with Free Tickets to Dollywood,Anakeesta,Aquarium,Ziplining&MoreBeds on main level

    Vacation home · 2 bd · 2 ba · sleeps 6 · 272 ft

    Revenue $18,392ADR $190Occ ≈ 27%5★ (2)

    Booking

  • Gatlinburg Escape for 6 w Sauna & Community Pool!

    Townhouse · 2 bd · 2 ba · sleeps 6 · 299 ft

    Revenue $9,971ADR $206Occ ≈ 13%5★ (4)

    AirbnbVrboBooking

  • Happy Vibes Cabin - The Name Says it All

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 302 ft

    Revenue $49,594ADR $225Occ ≈ 60%4.9★ (24)

    AirbnbVrboBooking

  • *Amazing 2BD Cabin w/ Hot Tub! Gym & Pool Access*

    Cabin · 2 bd · 2 ba · sleeps 6 · 354 ft

    Revenue $47,661ADR $191Occ ≈ 68%4.8★ (68)

    AirbnbVrboBooking

  • Near Hiking Trails: Gatlinburg Condo w/ Sauna!

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 364 ft

    Revenue $33,211ADR $176Occ ≈ 52%4.6★ (10)

    AirbnbVrboBooking

  • Smoky Mountains condo located close to downtown Ga

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 364 ft

    Revenue $13,442ADR $128Occ ≈ 29%4★ (1)

    AirbnbVrboBooking

  • Cozy condo close to downtown Gatlinburg & Smoky Mo

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 364 ft

    Revenue $20,587ADR $141Occ ≈ 40%—

    AirbnbVrbo

  • Dog-friendly, Smoky Mountains condo located close to downtown Gatlinburg

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 364 ft

    Revenue $21,059ADR $164Occ ≈ 35%—

    Vrbo

  • Beary Dreamy - Steamy Soaks & Fireside Sips

    Cabin · 2 bd · 2 ba · sleeps 8 · 367 ft

    Revenue $68,874ADR $256Occ ≈ 74%4.9★ (10)

    AirbnbVrboBooking

  • 2BR w/Hot Tub*Jacuzzi*Game Room*Resort Amenities!

    Cabin · 2 bd · 2.5 ba · sleeps 7 · 374 ft

    Revenue $57,208ADR $218Occ ≈ 72%5★ (62)

    AirbnbVrbo

  • *Fun 2BD Cabin w/ GAMES! Hot Tub + Shared Pool*

    Cabin · 2 bd · 2 ba · sleeps 7 · 397 ft

    Revenue $17,374ADR $248Occ ≈ 19%4.2★ (15)

    Airbnb

  • Southern Comfort Cabin By Avada Properties

    Vacation home · 2 bd · 2 ba · sleeps 6 · 397 ft

    Revenue $52,683ADR $195Occ ≈ 74%—

    Booking

  • White Oak Resort | Hot Tub • Pool • Easy Roads

    Cabin · 2 bd · 2 ba · sleeps 6 · 400 ft

    Revenue $33,244ADR $254Occ ≈ 36%4.7★ (4)

    AirbnbVrboBooking

  • Moondance by American Patriot Getaways

    Vacation home · 2 bd · 2 ba · sleeps 6 · 400 ft

    Revenue $27,899ADR $220Occ ≈ 35%—

    Booking

  • Mountain Views - Treetip Lodge

    Cabin · 2 bd · 2 ba · sleeps 7 · 413 ft

    Revenue $66,813ADR $216Occ ≈ 85%5★ (456)

    AirbnbVrbo

  • Big Savings! Updated Cabin with Screened Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 8 · 427 ft

    Revenue $58,475ADR $238Occ ≈ 67%4.8★ (89)

    AirbnbVrbo

  • Summer Fun, Adventure and Relaxation Time

    Cabin · 2 bd · 2 ba · sleeps 6 · 436 ft

    Revenue $77,234ADR $255Occ ≈ 83%5★ (5)

    AirbnbVrbo

  • Alpine Spirit - Smoky Mountain Family Fun!

    Cabin · 2 bd · 2 ba · sleeps 6 · 436 ft

    Revenue $49,896ADR $244Occ ≈ 56%4.8★ (41)

    AirbnbVrbo

  • *Fun 2BD Cabin w/ GAMES! Hot Tub + Shared Pool*

    Cabin · 2 bd · 2 ba · sleeps 8 · 453 ft

    Revenue $50,790ADR $227Occ ≈ 61%4.5★ (37)

    AirbnbVrbo

  • *Charming 2BD+Loft Cabin! HOT TUB + Pool*

    Cabin · 2 bd · 2.5 ba · sleeps 7 · 459 ft

    Revenue $67,409ADR $453Occ ≈ 41%4.9★ (59)

    AirbnbVrbo

  • Serene & Spacious Log Cabin・Hot Tub・Screened Porch

    Cabin · 2 bd · 2 ba · sleeps 8 · 476 ft

    Revenue $36,916ADR $188Occ ≈ 54%3.5★ (10)

    AirbnbVrboBooking

  • Super Views, Flat roads, Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 8 · 476 ft

    Revenue $82,706ADR $240Occ ≈ 94%4.8★ (247)

    AirbnbVrboBooking

  • Cozy Gatlinburg Cabin w/ Resort Pool & Hot Tub!

    Cabin · 2 bd · 2 ba · sleeps 6 · 486 ft

    Revenue $18,635ADR $221Occ ≈ 23%5★ (16)

    Airbnb

  • Bear Necessities

    Cabin · 2 bd · 2 ba · sleeps 6 · 509 ft

    Revenue $6,313ADR $361Occ ≈ 5%—

    Airbnb

  • Sona Cabins

    Apartment · 2 bd · 2 ba · sleeps 6 · 515 ft

    Revenue $53,075ADR $152Occ ≈ 96%4.9★ (18)

    Booking

  • Hot Tub, Mountain views, Pool & Resort Escape!

    Cabin · 2 bd · 2 ba · sleeps 6 · 522 ft

    Revenue $52,530ADR $211Occ ≈ 68%5★ (21)

    AirbnbVrbo

  • Resort amenities, hot-tub on screened-in deck

    Cabin · 2 bd · 2 ba · sleeps 6 · 525 ft

    Revenue $7,388ADR $205Occ ≈ 10%5★ (9)

    AirbnbVrbo

  • Smoky Cabin! Hot Tub | Pool | Billiards | Family

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

    Revenue $66,057ADR $222Occ ≈ 82%4.8★ (64)

    AirbnbVrbo

  • Mnt Views~ Hot Tub~Pool~1Level~Borders Nat Park

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

    Revenue $47,012ADR $254Occ ≈ 51%4.8★ (13)

    AirbnbVrbo

  • Beautiful Lofted Condo, Centrally Located

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $27,008ADR $247Occ ≈ 30%4.4★ (8)

    AirbnbVrbo

  • 2 BR home with fireplace and private patio

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $21,128ADR $164Occ ≈ 35%—

    AirbnbVrbo

  • Alpine Spirit*Gatlinburg*Resort Setting*Sleeps 6

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

    Revenue $19,622ADR $206Occ ≈ 26%4.2★ (10)

    AirbnbVrbo

  • Star Views - Secluded W/mountain Views

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.1 mi

    Revenue $51,222ADR $165Occ ≈ 85%4.2★ (106)

    AirbnbVrboBooking

  • Leconte Views

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.1 mi

    Revenue $38,473ADR $214Occ ≈ 49%4.5★ (4)

    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

Financing
Management
Term

Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium

Est. revenue

$46,445

NOI

$19,324

Cash flow /mo

-$1,342

Cash needed

$169,410

Cash-on-cash

-9.5%

ROE (yr 1)

1.8%

Cap rate

3.7%

DSCR

0.55

Year-1 write-off

$101,512

Year-1 tax shield @ 32%

$32,484

Year-1 return on equity

  • Cash flow (annual)-$16,109
  • Principal paydown$3,217
  • Appreciation at%$15,870
ROE1.8%

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)$9,289
  • Platform fees (3% of revenue)$1,393
  • Maintenance / capex (5% of revenue)$2,322
  • Utilities & supplies$4,200
  • HOA$4,836
  • Property tax$1,906
  • Insurance (STR-rated)$3,174

Cash needed to close

  • Down payment (25%)$132,250
  • Closing costs (4.0%)$21,160
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$32,484

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

$450,000

Short-life (5/15-yr)

$85,000 · 19%

Year-1 deduction

$102,000

Year-1 tax shield @ 32%

$32,000

Land 15% (market default, no usable tax-record split) · building $365,000 over 39 years · new furniture $16,000

Based on: 1,498 sq ft, built 2007, 2 bd / 2 ba, unfurnished, listing features (hot tub, fireplace, stone counters, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $77,000 in year 1 (13% short-life, $25,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$77,300
  • Kitchen cabinetsdefault

    $9,100 new × 40% good × 2.55 allocation

    $9,200
  • Kitchen countertops (stone)listing

    $9,300 new × 40% good × 2.55 allocation

    $9,500
  • Decorative trimdefault

    $2,600 new × 40% good × 2.55 allocation

    $2,700
  • Mirrorsdefault

    $300 new × 40% good × 2.55 allocation

    $300
  • Shelvingdefault

    $900 new × 40% good × 2.55 allocation

    $900
  • Window coverings (15)default

    $3,800 new × 40% good × 2.55 allocation

    $3,800
  • Kitchen & laundry equipment plumbingdefault

    $7,100 new × 62% good × 2.55 allocation

    $11,200
  • Kitchen, laundry & data equipment electricaldefault

    $4,300 new × 62% good × 2.55 allocation

    $6,700
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 2.55 allocation

    $7,800
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.55 allocation

    $9,200
  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000
15-year land improvements$23,800
  • Paving: driveway & walks (paved)default

    $8,000 new × 50% good × 2.55 allocation

    $10,200
  • Landscaping (typical)default

    $7,700 new × 50% good × 2.55 allocation

    $9,800
  • Patiosdefault

    $1,500 new × 50% good × 2.55 allocation

    $1,900
  • Decks & porches (attached)default

    $1,500 new × 50% good × 2.55 allocation

    $1,900
Building, 39-year$364,500
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $162,500 new × 68% good × 2.55 allocation

    $282,600
  • Building plumbing & fixturesdefault

    $16,800 new × 62% good × 2.55 allocation

    $26,600
  • Building electrical & lightingdefault

    $16,300 new × 62% good × 2.55 allocation

    $25,700
  • HVACdefault

    $16,900 new × 40% good × 2.55 allocation

    $17,200
  • Hardwood & tile floorsdefault

    $9,600 new × 40% good × 2.55 allocation

    $9,800
  • Fireplacelisting

    $2,600 new × 40% good × 2.55 allocation

    $2,700

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$77,300$23,800$400$101,500
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$326,800$326,800
Total$77,300$23,800$364,500$465,600

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.