1821 Stanley Creek Rd
Cherry Log, GA 30522
$1,200,000
3 bd · 3.5 ba · 3,188 sqft · Listed 28d ago
View on Realtor.com →Year built
2026
Sqft
3,188
Lot sqft
122,404
HOA / mo
None
Furnished
Yes
List date
2026-08-30T05:26:56.000000Z
Revenue
Annual revenue
$50,348
ADR
$274
Occupancy
50%
Cleaning fees (12 mo)
$10,489
Confidence
Low (49.59), 17 comps
Comp revenue range (p25 / median / p75)
Serenity Lodge on the Creek
Vacation home · 3 bd · 3 ba · sleeps 10 · 0.6 mi
Revenue $40,561ADR $283Occ ≈ 39%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Aska's Cozy Corner Cabin Cabin | 3 bd · 3 ba · sleeps 6 | $42,550 | $206 | 57% | 5★ (52) | 0.2 mi | AirbnbVrboBooking |
Blue Ridge Retreat Near Toccoa River + Hot Tub Cabin | 3 bd · 2.5 ba · sleeps 8 | $7,322 | $317 | 6% | 5★ (44) | 0.2 mi | AirbnbVrbo |
Waldhaus- Great Deal! View, Pet Friendly, Hot Tub Cabin | 3 bd · 3 ba · sleeps 10 | $66,325 | $297 | 61% | 5★ (53) | 0.3 mi | AirbnbVrbo |
5 min to Aska Adventure area! Hot Tub + Fireplace Cabin | 3 bd · 3 ba · sleeps 7 | $9,769 | $203 | 13% | 5★ (7) | 0.4 mi | AirbnbVrbo |
BUCKingham Palace- Pet Friendly, HotTub, Fireplace Cabin | 3 bd · 3 ba · sleeps 7 | $28,097 | $322 | 24% | 4.8★ (22) | 0.5 mi | AirbnbVrboBooking |
Serenity Lodge on the Creek- Pet Friendly, Hot Tub Cabin | 3 bd · 3 ba · sleeps 10 | $46,174 | $341 | 37% | 3.8★ (7) | 0.5 mi | AirbnbVrbo |
Water's Edge- Pets OK, Creekfront, HotTub, Firepit Cabin | 3 bd · 3 ba · sleeps 8 | $67,545 | $390 | 47% | 4.9★ (18) | 0.6 mi | AirbnbVrbo |
Mountain View Peaceful 12 Acres Cabin | 3 bd · 2.5 ba · sleeps 8 | $63,186 | $309 | 56% | 5★ (169) | 0.6 mi | AirbnbVrboBooking |
Serenity Lodge on the Creek Vacation home | 3 bd · 3 ba · sleeps 10 | $40,561 | $283 | 39% | — | 0.6 mi | Booking |
Water's Edge Vacation home | 3 bd · 3 ba · sleeps 8 | $68,577 | $369 | 51% | — | 0.6 mi | Booking |
Show all 17 comps
Luxury Mountain Escape on Aska ~ NEW Hot Tub, Game Room & Spectacular Views!
House · 3 bd · 4 ba · sleeps 10 · 0.7 mi
Revenue $28,958ADR $347Occ ≈ 23%4.8★ (9)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Luxury Mountain Escape on Aska ~ NEW Hot Tub, Game Room & Spectacular Views! House | 3 bd · 4 ba · sleeps 10 | $28,958 | $347 | 23% | 4.8★ (9) | 0.7 mi | Vrbo |
Luxury Cabin w/ Stunning Mountain Views & Hot Tub Cabin | 3 bd · 3.5 ba · sleeps 10 | $93,824 | $372 | 69% | 4.8★ (53) | 0.7 mi | AirbnbVrbo |
Breath of Heaven Cabin | 3 bd · 3 ba · sleeps 10 | $66,847 | $482 | 38% | 4.9★ (82) | 0.7 mi | AirbnbVrbo |
Little Creek Cabin - Soothing Soaks & Game Nights Cabin | 3 bd · 3.5 ba · sleeps 10 | $73,594 | $331 | 61% | 5★ (72) | 0.7 mi | AirbnbVrbo |
Aska Adventure Cabin Cabin | 3 bd · 3 ba · sleeps 6 | $39,975 | $296 | 37% | 5★ (3) | 0.7 mi | AirbnbBooking |
Reset Ridge - Mountain view, hot tub, fire pit Cabin | 3 bd · 3 ba · sleeps 8 | $102,090 | $367 | 76% | 5★ (65) | 0.7 mi | AirbnbVrbo |
Rocky Ridge Escape- Mtn Views, Hot Tub, King Beds! House | 3 bd · 3.5 ba · sleeps 8 | $44,189 | $424 | 29% | 4.7★ (3) | 0.7 mi | AirbnbVrbo |
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
Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$50,348
NOI
$10,151
Cash flow /mo
-$5,620
Cash needed
$348,000
Cash-on-cash
-19.4%
ROE (yr 1)
-6.8%
Cap rate
0.8%
DSCR
0.13
Year-1 write-off
$213,472
Year-1 tax shield @ 32%
$68,311
Year-1 return on equity
- Cash flow (annual)-$67,446
- Principal paydown$7,853
- Appreciation at%$36,000
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$10,070
- Platform fees (3% of revenue)$1,510
- Maintenance / capex (5% of revenue)$2,517
- Utilities & supplies$4,200
- HOA$0
- Property tax$9,120
- Insurance (STR-rated)$12,780
Cash needed to close
- Down payment (25%)$300,000
- Closing costs (4.0%)$48,000
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$68,311
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
$1,022,000
Short-life (5/15-yr)
$209,000 · 20%
Year-1 deduction
$213,000
Year-1 tax shield @ 32%
$68,000
Land 15% (market default, no usable tax-record split) · building $812,000 over 39 years
Based on: 3,188 sq ft, built 2026, 3 bd / 3.5 ba, furnished, listing features (deck, game room, fireplace, flooring types, appliance list, septic).
IRS-guide safe-harbor floor: $104,000 in year 1 (10% short-life, $33,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $21,100
Kitchen cabinetsdefault
$12,800 new × 100% good × 1.65 allocation
- $17,300
Kitchen countertopsdefault
$10,500 new × 100% good × 1.65 allocation
- $9,200
Decorative trimdefault
$5,600 new × 100% good × 1.65 allocation
- $700
Mirrorsdefault
$500 new × 100% good × 1.65 allocation
- $2,000
Shelvingdefault
$1,200 new × 100% good × 1.65 allocation
- $13,200
Window coverings (32)default
$8,000 new × 100% good × 1.65 allocation
- $16,400
Kitchen & laundry equipment plumbingdefault
$9,900 new × 100% good × 1.65 allocation
- $9,900
Kitchen, laundry & data equipment electricaldefault
$6,000 new × 100% good × 1.65 allocation
- $6,400
Appliances (microwave, dishwasher, refrigerator)listing
$3,900 new × 100% good × 1.65 allocation
- $7,800
Furniture conveyed with the sale (used)listing
$19,500 new × 40% good · out of the price
- $2,400
Game-room equipment (used)listing
$6,000 new × 40% good · out of the price
- $19,400
Paving: driveway & walks (paved)listing
$11,700 new × 100% good × 1.65 allocation
- $18,600
Landscaping (typical)default
$11,300 new × 100% good × 1.65 allocation
- $5,200
Patiosdefault
$3,100 new × 100% good × 1.65 allocation
- $59,300
Decks & porches (attached)listing
$35,900 new × 100% good × 1.65 allocation
- $573,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$346,700 new × 100% good × 1.65 allocation
- $59,400
Building plumbing & fixturesdefault
$36,000 new × 100% good × 1.65 allocation
- $62,300
Building electrical & lightingdefault
$37,700 new × 100% good × 1.65 allocation
- $59,400
HVACdefault
$35,900 new × 100% good × 1.65 allocation
- $33,900
Hardwood & tile floorsdefault
$20,500 new × 100% good × 1.65 allocation
- $4,400
Fireplacelisting
$2,600 new × 100% good × 1.65 allocation
- $19,800
Septic systemlisting
$12,000 new × 100% good × 1.65 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $106,700 | $102,500 | $4,300 | $213,500 |
| 2 | $0 | $0 | $20,800 | $20,800 |
| 3 | $0 | $0 | $20,800 | $20,800 |
| 4 | $0 | $0 | $20,800 | $20,800 |
| 5 | $0 | $0 | $20,800 | $20,800 |
| 6+ | $0 | $0 | $724,700 | $724,700 |
| Total | $106,700 | $102,500 | $812,400 | $1,021,500 |
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.