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224 Woodland Trl

224 Woodland Trl

Epworth, GA 30541

$799,000

3 bd · 3.5 ba · 2,080 sqft · Listed 1d ago

View on Realtor.com →
Est. land %

Year built

2023

Sqft

2,080

Lot sqft

27,443

HOA / mo

None

Furnished

No

List date

2026-10-02T23:50:44.000000Z

Revenue

Annual revenue

$46,825

ADR

$285

Occupancy

45%

Cleaning fees (12 mo)

$6,802

Confidence

Low (49.65), 10 comps

Comp revenue range (p25 / median / p75)

$29,790$39,120$49,932

Median revenue of shown comps: $39,120

  • Fighting Town Creek Modern

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 164 ft

    Revenue $19,157ADR $352Occ ≈ 15%—

    Airbnb

  • Beautiful Creekside Cabin in Blue Ridge, GA

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.5 mi

    Revenue $48,121ADR $341Occ ≈ 39%5★ (36)

    AirbnbVrbo

  • Grateful Shade, Waterfront on Fightingtown Creek

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.5 mi

    Revenue $50,536ADR $238Occ ≈ 58%5★ (280)

    Airbnb

  • River Lodge

    Vacation home · 3 bd · 4 ba · sleeps 8 · 0.5 mi

    Revenue $27,395ADR $570Occ ≈ 13%—

    Booking

  • Outlaws's Roost

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi

    Revenue $38,670ADR $242Occ ≈ 44%5★ (16)

    Airbnb

  • Outlaw Roost - Private Blue Ridge Mountain Cabin

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi

    Revenue $8,796ADR $295Occ ≈ 8%5★ (1)

    AirbnbVrbo

  • River Lodge- Pet Friendly, Steps 2 Creek, Hot Tub

    Cabin · 3 bd · 4 ba · sleeps 10 · 0.5 mi

    Revenue $81,792ADR $481Occ ≈ 47%5★ (10)

    AirbnbVrbo

  • FishHawk Ranch - Private Fightingtown Creek Cabin

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.6 mi

    Revenue $36,973ADR $301Occ ≈ 34%4.8★ (122)

    Airbnb

  • The Pines in Blue Ridge Retreat, Dog-friendly

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.6 mi

    Revenue $39,569ADR $229Occ ≈ 47%4.7★ (46)

    AirbnbVrboBooking

  • Paradise Creek

    Vacation home · 3 bd · 3 ba · sleeps 10 · 0.7 mi

    Revenue $57,985ADR $371Occ ≈ 43%—

    Booking

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

$46,825

NOI

$19,142

Cash flow /mo

$1,595

Cash needed

$856,460

Cash-on-cash (all cash)

2.2%

ROE (yr 1)

5.0%

Cap rate

2.4%

DSCR

—

Year-1 write-off

$191,105

Year-1 tax shield @ 32%

$61,154

Year-1 return on equity

  • Cash flow (annual)$19,142
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$23,970
ROE5.0%

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)$9,365
  • Platform fees (3% of revenue)$1,405
  • Maintenance / capex (5% of revenue)$2,341
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$1,863
  • Insurance (STR-rated)$8,509

Cash needed to close

  • Purchase price (all cash)$799,000
  • Closing costs (4.0%)$31,960
  • Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$61,154

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)

$165,000 · 24%

Year-1 deduction

$191,000

Year-1 tax shield @ 32%

$61,000

Land 15% (market default, no usable tax-record split) · building $514,000 over 39 years · new furniture $26,000

Based on: 2,080 sq ft, built 2023, 3 bd / 3.5 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $119,000 in year 1 (14% short-life, $38,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$124,000

  • Kitchen cabinetsdefault

    $10,400 new × 88% good × 1.75 allocation

    $16,000

  • Kitchen countertopsdefault

    $8,500 new × 88% good × 1.75 allocation

    $13,100

  • Decorative trimdefault

    $3,600 new × 88% good × 1.75 allocation

    $5,600

  • Mirrorsdefault

    $500 new × 75% good × 1.75 allocation

    $600

  • Shelvingdefault

    $1,200 new × 88% good × 1.75 allocation

    $1,800

  • Window coverings (21)default

    $5,300 new × 70% good × 1.75 allocation

    $6,400

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

    $13,400 new × 75% good × 1.75 allocation

    $17,600

  • Kitchen & laundry equipment plumbingdefault

    $8,100 new × 94% good × 1.75 allocation

    $13,300

  • Kitchen, laundry & data equipment electricaldefault

    $4,900 new × 94% good × 1.75 allocation

    $8,000

  • Appliances (microwave, dishwasher, refrigerator)listing

    $3,900 new × 75% good × 1.75 allocation

    $5,100

  • Hot tub (freestanding)listing

    $9,000 new × 70% good × 1.75 allocation

    $11,000

  • Furniture bought newlisting

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

    $19,500

  • Game-room equipment bought newlisting

    $6,000 new × 100% good · bought separately

    $6,000
15-year land improvements$66,600

  • Paving: driveway & walks (paved)default

    $9,500 new × 88% good × 1.75 allocation

    $14,600

  • Landscaping (typical)default

    $9,100 new × 88% good × 1.75 allocation

    $14,000

  • Patiosdefault

    $2,100 new × 88% good × 1.75 allocation

    $3,200

  • Decks & porches (attached)listing

    $23,400 new × 85% good × 1.75 allocation

    $34,800
Building, 39-year$514,100

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

    $225,600 new × 95% good × 1.75 allocation

    $375,200

  • Building plumbing & fixturesdefault

    $23,400 new × 94% good × 1.75 allocation

    $38,500

  • Building electrical & lightingdefault

    $23,600 new × 94% good × 1.75 allocation

    $38,900

  • HVACdefault

    $23,400 new × 85% good × 1.75 allocation

    $34,900

  • Fireplaces (2)listing

    $5,300 new × 88% good × 1.75 allocation

    $8,100

  • Septic systemlisting

    $12,000 new × 88% good × 1.75 allocation

    $18,500

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$124,000$66,600$600$191,100
2$0$0$13,200$13,200
3$0$0$13,200$13,200
4$0$0$13,200$13,200
5$0$0$13,200$13,200
6+$0$0$460,800$460,800
Total$124,000$66,600$514,100$704,700

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

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.