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Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 15) + 0.75% investor premium

2016 Shamrock Way

2016 Shamrock Way

Sevierville, TN 37876

$799,000

2 bd · 2.5 ba · 1,857 sqft · Listed 1d ago

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

Year built

2023

Sqft

1,857

Lot sqft

24,829

HOA / mo

$0

Furnished

No

List date

2026-10-15T17:02:58.000000Z

Revenue

Annual revenue

$59,475

ADR

$226

Occupancy

72%

Cleaning fees (12 mo)

$12,075

Confidence

Low (50.4), 49 comps

Comp revenue range (p25 / median / p75)

$31,572$57,012$73,500

Median revenue of shown comps: $50,601

  • Incredible Mountain Views|Hot Tub|Foosball

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

    Revenue $74,379ADR $231Occ ≈ 88%5★ (341)

    AirbnbVrboBooking

  • Elk Feathers: Pet Friendly & Free Tickets

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 292 ft

    Revenue $29,237ADR $208Occ ≈ 39%4.9★ (114)

    AirbnbVrboBooking

  • Morning Glory near Pigeon Forge Outlet Shopping

    Cabin · 2 bd · 2 ba · sleeps 6 · 325 ft

    Revenue $46,547ADR $226Occ ≈ 56%4.8★ (35)

    AirbnbVrboBooking

  • Elk Feathers

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 358 ft

    Revenue $34,154ADR $254Occ ≈ 37%—

    VrboBooking

  • Sunrise Mtn Views | Hot Tub + Pets Welcome

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 377 ft

    Revenue $23,978ADR $220Occ ≈ 30%5★ (15)

    Airbnb

  • Woodsy 2BR Cabin, Hot Tub, Free Attraction Tickets

    Cabin · 2 bd · 2 ba · sleeps 8 · 515 ft

    Revenue $14,339ADR $181Occ ≈ 22%3.9★ (137)

    AirbnbVrboBooking

  • Independently owned, modern, stylish, location!

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.1 mi

    Revenue $48,119ADR $258Occ ≈ 51%4.9★ (213)

    AirbnbVrbo

  • Breathtaking Mountain Views Private Hot Tub Romantic Log Cabin Near Pigeon Forge

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

    Revenue $10,461ADR $613Occ ≈ 5%5★

    Vrbo

  • Walk in the Clouds Amazing View/Pool Table/Hot Tub

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

    Revenue $46,625ADR $213Occ ≈ 60%4.5★ (13)

    AirbnbVrboBooking

  • Mtn Views, Hot Tub, Game Room + Free Tickets

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

    Revenue $23,499ADR $346Occ ≈ 19%—

    AirbnbVrbo

Show 37 more
  • Homey Cabin, Sleeps 8, Hot Tub, Fireplace, Pool ta

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

    Revenue $21,768ADR $159Occ ≈ 38%3★ (6)

    AirbnbVrboBooking

  • Bluff Mountain Hideaway Your Secret Smokies Cabin

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

    Revenue $48,119ADR $214Occ ≈ 62%—

    Booking

  • Charming Cabin Retreat w/ Hot Tub & Pool Table

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

    Revenue $17,844ADR $320Occ ≈ 15%2.5★ (2)

    Vrbo

  • Last Minute Special on a Mountain View Cabin Sept 11-16 Only $150 a night.

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

    Revenue $66,847ADR $252Occ ≈ 73%4.9★ (264)

    Vrbo

  • Elevate to New Heights of Mountain Fun with "A

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

    Revenue $55,008ADR $210Occ ≈ 72%3.8★ (41)

    AirbnbVrboBooking

  • Easy Location-Creek Views-Hot Tub-Games-Fire Pit

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

    Revenue $62,448ADR $228Occ ≈ 75%5★ (72)

    AirbnbVrbo

  • Charming Cabin Retreat w/ Hot Tub & Pool Table

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

    Revenue $74,215ADR $275Occ ≈ 74%4.5★ (4)

    AirbnbVrbo

  • Creekside-Hot Tub-2 Kings- Easy Drive to Parkway

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

    Revenue $86,773ADR $267Occ ≈ 89%5★ (127)

    AirbnbVrbo

  • Location-Creek Views-2 Kings-HotTub-Fire Pit-Games

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

    Revenue $62,990ADR $219Occ ≈ 79%5★ (88)

    AirbnbVrbo

  • Amazing Views, Hot Tub, Pool Table 2bd, 2ba on Bluff Mountain

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

    Revenue $68,092ADR $249Occ ≈ 75%4.8★ (327)

    Vrbo

  • Heaven on Earth | Views, Hot Tub, 2 King Bedrooms!

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

    Revenue $76,203ADR $242Occ ≈ 86%4.8★ (20)

    AirbnbVrbo

  • Hot Tub & Amazing Views | Huge Game Room

    Cabin · 2 bd · 3 ba · sleeps 8 · 0.2 mi

    Revenue $86,379ADR $326Occ ≈ 73%4.9★ (326)

    AirbnbVrbo

  • Peak A View - Breathtaking Mountain Views, Hot Tub + Pool Table

    Vacation home · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $59,016ADR $226Occ ≈ 72%4.3★ (4)

    Booking

  • Bluff Mountain Beauty Cabin 9 miles to Dollywood

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

    Revenue $72,432ADR $300Occ ≈ 66%5★ (216)

    AirbnbVrbo

  • Saturday available today!

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

    Revenue $36,796ADR $250Occ ≈ 40%4.9★ (429)

    AirbnbVrbo

  • Super View,Smoky Mtn Log Cabin,Pool Table,Hot Tub

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

    Revenue $69,588ADR $206Occ ≈ 93%4.9★ (548)

    AirbnbVrboBooking

  • Above All - Cabin with Epic Views & Hot Tub

    Cabin · 2 bd · 3 ba · sleeps 6 · 0.2 mi

    Revenue $92,245ADR $280Occ ≈ 90%5★ (712)

    AirbnbVrbo

  • Spool Time | Pet Friendly, Swim Spa + Game Room!

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.3 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +6

    Revenue $79,627ADR $440Occ ≈ 50%4.5★ (31)

    AirbnbVrboBooking

  • New Mtn Luxe Cabin | Hot Tub | Mountain Views!

    Chalet · 2 bd · 2 ba · sleeps 7 · 0.3 mi

    Revenue $84,799ADR $338Occ ≈ 69%5★ (61)

    AirbnbVrbo

  • 🏰Bluff Haven 2 - 10 min to Parkway. ** FIRE PIT**🏰

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.3 mi

    Revenue $44,935ADR $208Occ ≈ 59%5★ (13)

    Airbnb

  • *Tranquil 2BD Cabin w/ Hot TUB! Arcade + VIEWS!*

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.3 mi

    Revenue $66,979ADR $263Occ ≈ 70%4.9★ (73)

    AirbnbVrbo

  • Black Bear Hideaway Smoky Mountain Retreat

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

    Revenue $22,174ADR $304Occ ≈ 20%4★ (1)

    AirbnbVrboBooking

  • Fawn Hill Hideaway, Stunning views, Perfect escape

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.3 mi

    Revenue $73,856ADR $265Occ ≈ 76%4.8★ (51)

    AirbnbVrboBooking

  • Little Bear-2BR-Panoramic Views-Hot Tub-Updates

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

    Revenue $33,789ADR $229Occ ≈ 40%—

    Airbnb

  • Breathless Views | Private Heated Pool, Fire Pit

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $73,857ADR $308Occ ≈ 66%4.7★ (51)

    AirbnbVrbo

  • PrivateCouplesSpa MtnView SAUNA OutdoorTub FirePit

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

    Revenue $71,244ADR $350Occ ≈ 56%5★ (8)

    Airbnb

  • Penny's Peaceful Pines

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $1,562ADR $781Occ ≈ 1%—

    Airbnb

  • Kick Back Relax Log Cabin Wears Valley HotTub

    Vacation home · 2 bd · 2 ba · sleeps 4 · 0.3 mi

    Revenue $32,275ADR $180Occ ≈ 49%4★ (6)

    Booking

  • Panoramic Mountain Views! Outdoor Hot Tub | Walk-In Shower | Sunrise Surprise

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

    Revenue $87,039ADR $292Occ ≈ 82%5★ (50)

    Vrbo

  • Mountain View| Hot Tub, Fire Pit & Stargazing

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.3 mi

    Revenue $31,338ADR $261Occ ≈ 33%4.8★ (21)

    AirbnbVrbo

  • Free Dollywood Tix/VIEWS/Couples Cabin/HotTub/

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

    Revenue $66,370ADR $224Occ ≈ 81%4.9★ (320)

    AirbnbVrbo

  • Amazing VIEWS/Couples cabin/HotTub/Cozy

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

    Revenue $10,967ADR $845Occ ≈ 4%—

    Airbnb

  • A Woodland Retreat

    House · 2 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $1,356ADR $169Occ ≈ 2%5★ (1)

    Airbnb

  • 9 miles to Dollywood-Hot Tub-King Beds-Gameroom

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

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $50,601ADR $270Occ ≈ 51%5★ (79)

    AirbnbVrbo

  • Mountain VIEWS for miles! Hot Tub & Pool table

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

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $61,986ADR $225Occ ≈ 75%4.9★ (641)

    AirbnbVrbo

  • 2BR Mountainview Cabin w/ Free Attraction Tickets

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.4 mi

    Revenue $43,846ADR $354Occ ≈ 34%4.8★ (230)

    AirbnbBooking

  • Bluff Mountain Cabin | Hot Tub, Views, Pets OK

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

    Revenue $13,747ADR $271Occ ≈ 14%4.5★ (13)

    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
Term

Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 15) + 0.75% investor premium

Est. revenue

$59,475

NOI

$31,265

Cash flow /mo

-$1,854

Cash needed

$247,710

Cash-on-cash

-9.0%

ROE (yr 1)

2.7%

Cap rate

3.9%

DSCR

0.58

Year-1 write-off

$188,660

Year-1 tax shield @ 32%

$60,371

Year-1 return on equity

  • Cash flow (annual)-$22,254
  • Principal paydown$4,859
  • Appreciation at%$23,970
ROE2.7%

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)$11,895
  • Platform fees (3% of revenue)$1,784
  • Maintenance / capex (5% of revenue)$2,974
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$2,563
  • Insurance (STR-rated)$4,794

Cash needed to close

  • Down payment (25%)$199,750
  • Closing costs (4.0%)$31,960
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$60,371

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

$679,000

Short-life (5/15-yr)

$172,000 · 25%

Year-1 deduction

$189,000

Year-1 tax shield @ 32%

$60,000

Land 15% (market default, no usable tax-record split) · building $507,000 over 39 years · new furniture $16,000

Based on: 1,857 sq ft, built 2023, 2 bd / 2.5 ba, unfurnished, listing features (hot tub, deck, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $116,000 in year 1 (15% short-life, $37,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$120,600
  • Kitchen cabinetsdefault

    $9,900 new × 88% good × 1.94 allocation

    $16,800
  • Kitchen countertopsdefault

    $8,100 new × 88% good × 1.94 allocation

    $13,800
  • Decorative trimdefault

    $3,200 new × 88% good × 1.94 allocation

    $5,500
  • Mirrorsdefault

    $300 new × 75% good × 1.94 allocation

    $400
  • Shelvingdefault

    $900 new × 88% good × 1.94 allocation

    $1,500
  • Window coverings (19)default

    $4,800 new × 70% good × 1.94 allocation

    $6,400
  • Carpet, vinyl & laminate (100% of floors)listing

    $12,000 new × 75% good × 1.94 allocation

    $17,400
  • Kitchen & laundry equipment plumbingdefault

    $7,700 new × 94% good × 1.94 allocation

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

    $4,600 new × 94% good × 1.94 allocation

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

    $5,500 new × 75% good × 1.94 allocation

    $8,000
  • Hot tub (freestanding)listing

    $9,000 new × 70% good × 1.94 allocation

    $12,200
  • Furniture bought newlisting

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

    $16,000
15-year land improvements$67,500
  • Paving: driveway & walks (paved)default

    $8,900 new × 88% good × 1.94 allocation

    $15,200
  • Landscaping (typical)default

    $8,600 new × 88% good × 1.94 allocation

    $14,700
  • Patiosdefault

    $1,800 new × 88% good × 1.94 allocation

    $3,100
  • Decks & porches (attached)listing

    $20,900 new × 85% good × 1.94 allocation

    $34,400
Building, 39-year$507,000
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $201,700 new × 95% good × 1.94 allocation

    $371,600
  • Building plumbing & fixturesdefault

    $20,900 new × 94% good × 1.94 allocation

    $38,100
  • Building electrical & lightingdefault

    $20,800 new × 94% good × 1.94 allocation

    $37,900
  • HVACdefault

    $20,900 new × 85% good × 1.94 allocation

    $34,500
  • Fireplacelisting

    $2,600 new × 88% good × 1.94 allocation

    $4,500
  • Septic systemlisting

    $12,000 new × 88% good × 1.94 allocation

    $20,500

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$120,600$67,500$500$188,700
2$0$0$13,000$13,000
3$0$0$13,000$13,000
4$0$0$13,000$13,000
5$0$0$13,000$13,000
6+$0$0$454,500$454,500
Total$120,600$67,500$507,000$695,200

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.