STR Yield
← Back to deals
MortgageCash
2833 Alden Glenn Ct

2833 Alden Glenn Ct

Sevierville, TN 37876

$429,000

3 bd · 2 ba · 1,507 sqft · Listed 1d ago

View on Realtor.com →

Year built

2021

Sqft

1,507

Lot sqft

11,326

HOA / mo

$25

Furnished

No

List date

2026-10-13T13:43:08.000000Z

Revenue

Annual revenue

$34,620

ADR

$176

Occupancy

54%

Cleaning fees (12 mo)

$7,908

Confidence

Med (57.39), 11 comps

Comp revenue range (p25 / median / p75)

$20,914$31,332$38,995

Median revenue of shown comps: $31,332

  • Peaceful Sevierville Home w/ Private Hot Tub!

    House · 3 bd · 3 ba · sleeps 8 · 1.0 mi

    • Hot tub
    • A/C
    • Wifi
    • Kitchen
    • +3

    Revenue $37,809ADR $221Occ ≈ 47%4.4★ (80)

    AirbnbVrboBooking

  • Private Hot Tub: Serene Family Home in Sevierville

    House · 3 bd · 2.5 ba · sleeps 6 · 1.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $17,220ADR $280Occ ≈ 17%4.7★ (16)

    AirbnbVrboBooking

  • Woodland Chalet - Hike Trails on 6 Private Acres

    Cabin · 3 bd · 2 ba · sleeps 6 · 1.6 mi

    Revenue $43,039ADR $196Occ ≈ 60%3.9★ (66)

    AirbnbBooking

  • Unique Cabin・Mountain View・Hot Tub・Grill・Game Room

    Cabin · 3 bd · 2 ba · sleeps 6 · 1.7 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $22,799ADR $196Occ ≈ 32%4.2★ (12)

    AirbnbVrboBooking

  • Unique cabin with amazing mountain views, pond access, wifi, & close to shopping

    Cabin · 3 bd · 2 ba · sleeps 6 · 1.7 mi

    Revenue $40,181ADR $230Occ ≈ 48%—

    Delisted

  • So Much Fun Your Head Will Spin!

    House · 3 bd · 2 ba · sleeps 6 · 1.8 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $35,779ADR $215Occ ≈ 46%4.8★ (44)

    AirbnbVrbo

  • New listing!-Entire Home, Dog Friendly, Hot Tub

    House · 3 bd · 2 ba · sleeps 6 · 2.0 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $31,332ADR $178Occ ≈ 48%4.8★ (25)

    AirbnbVrbo

  • Sunny beautiful 3 BR house mountain view

    House · 3 bd · 3 ba · sleeps 6 · 2.0 mi

    Revenue $19,029ADR $187Occ ≈ 28%5★ (11)

    Delisted

  • Game Room | Hot tub | Fire pit | Dog friendly

    House · 3 bd · 2 ba · sleeps 6 · 2.1 mi

    Revenue $8,011ADR $321Occ ≈ 7%5★ (52)

    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
Management

Est. revenue

$34,620

NOI

$17,047

Cash flow /mo

$1,421

Cash needed

$465,660

Cash-on-cash (all cash)

3.7%

ROE (yr 1)

6.4%

Cap rate

4.0%

DSCR

—

Year-1 write-off

$113,806

Year-1 tax shield @ 32%

$36,418

Year-1 return on equity

  • Cash flow (annual)$17,047
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$12,870
ROE6.4%

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)$6,924
  • Platform fees (3% of revenue)$1,039
  • Maintenance / capex (5% of revenue)$1,731
  • Utilities & supplies$4,200
  • HOA$300
  • Property tax$805
  • Insurance (STR-rated)$2,574

Cash needed to close

  • Purchase price (all cash)$429,000
  • Closing costs (4.0%)$17,160
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$36,418

Property tax, insurance rate and the land/building split come from this listing's county tax record; 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

$370,000

Short-life (5/15-yr)

$94,000 · 25%

Year-1 deduction

$114,000

Year-1 tax shield @ 32%

$36,000

Land 14% (county tax record, market value split) · building $276,000 over 39 years · new furniture $20,000

Based on: 1,507 sq ft, built 2021, 3 bd / 2 ba, unfurnished, listing features (deck, patio, fireplace, stone counters, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $71,000 in year 1 (14% short-life, $23,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$70,900

  • Kitchen cabinetsdefault

    $9,100 new × 80% good × 1.39 allocation

    $10,100

  • Kitchen countertops (stone)listing

    $9,300 new × 80% good × 1.39 allocation

    $10,300

  • Decorative trimdefault

    $2,600 new × 80% good × 1.39 allocation

    $2,900

  • Mirrorsdefault

    $300 new × 58% good × 1.39 allocation

    $200

  • Shelvingdefault

    $1,200 new × 80% good × 1.39 allocation

    $1,300

  • Window coverings (15)default

    $3,800 new × 50% good × 1.39 allocation

    $2,600

  • Carpet, vinyl & laminate (40% of floors)default

    $3,900 new × 58% good × 1.39 allocation

    $3,100

  • Kitchen & laundry equipment plumbingdefault

    $7,100 new × 90% good × 1.39 allocation

    $8,800

  • Kitchen, laundry & data equipment electricaldefault

    $4,300 new × 90% good × 1.39 allocation

    $5,300

  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)listing

    $8,100 new × 58% good × 1.39 allocation

    $6,500

  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
15-year land improvements$42,600

  • Paving: driveway & walks (paved)default

    $8,000 new × 80% good × 1.39 allocation

    $8,900

  • Landscaping (typical)default

    $7,700 new × 80% good × 1.39 allocation

    $8,600

  • Patioslisting

    $6,800 new × 80% good × 1.39 allocation

    $7,500

  • Decks & porches (attached)listing

    $17,000 new × 75% good × 1.39 allocation

    $17,600
Building, 39-year$275,800

  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $163,200 new × 92% good × 1.39 allocation

    $207,300

  • Building plumbing & fixturesdefault

    $16,900 new × 90% good × 1.39 allocation

    $21,100

  • Building electrical & lightingdefault

    $16,400 new × 90% good × 1.39 allocation

    $20,400

  • HVACdefault

    $17,000 new × 75% good × 1.39 allocation

    $17,600

  • Hardwood & tile floorsdefault

    $5,800 new × 80% good × 1.39 allocation

    $6,500

  • Fireplacelisting

    $2,600 new × 80% good × 1.39 allocation

    $2,900

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$70,900$42,600$300$113,800
2$0$0$7,100$7,100
3$0$0$7,100$7,100
4$0$0$7,100$7,100
5$0$0$7,100$7,100
6+$0$0$247,200$247,200
Total$70,900$42,600$275,800$389,300

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.