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

1909 Rose Pass

1909 Rose Pass

Sevierville, TN 37876

$665,000

2 bd · 3 ba · 1,200 sqft · Listed 1d ago

View on Realtor.com →
Negative cash flow

Year built

2023

Sqft

1,200

Lot sqft

11,761

HOA / mo

$30

Furnished

No

List date

2026-10-15T19:13:44.000000Z

Revenue

Annual revenue

$56,455

ADR

$230

Occupancy

67%

Cleaning fees (12 mo)

$12,160

Confidence

Med (55.37), 50 comps

Comp revenue range (p25 / median / p75)

$35,758$55,907$67,822

Median revenue of shown comps: $57,365

  • Luxury Cabin Getaway w/ Stunning Forest Views

    Cabin · 2 bd · 3 ba · sleeps 7 · 49 ft

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

    Revenue $68,054ADR $241Occ ≈ 77%4.6★ (111)

    AirbnbVrbo

  • Relaxation at Southern Comfort

    Cabin · 2 bd · 2 ba · sleeps 8 · 98 ft

    Revenue $6,598ADR $310Occ ≈ 6%4.8★ (5)

    Airbnb

  • Beautiful Authentic Log Cabin in the Mountains! Last minute booking deals!

    Cabin · 2 bd · 2 ba · sleeps 6 · 180 ft

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

    Revenue $34,437ADR $153Occ ≈ 62%4.6★ (299)

    Vrbo

  • Updated & Private A-Frame Cabin in Great Location

    Cabin · 2 bd · 2 ba · sleeps 6 · 184 ft

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

    Revenue $43,760ADR $225Occ ≈ 53%5★ (34)

    Airbnb

  • Cozy Cabin in a great location!

    Cabin · 2 bd · 2 ba · sleeps 8 · 187 ft

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

    Revenue $68,057ADR $348Occ ≈ 54%5★ (33)

    AirbnbVrbo

  • HONEY BEAR CABIN

    Cabin · 2 bd · 2 ba · sleeps 6 · 318 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +3

    Revenue $57,528ADR $189Occ ≈ 83%4.7★ (733)

    AirbnbVrbo

  • Peaceful 2BR w/Hot Tub*Game Room*Jacuzzi*Privacy!

    Cabin · 2 bd · 2 ba · sleeps 8 · 341 ft

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

    Revenue $60,202ADR $220Occ ≈ 75%4.9★ (52)

    AirbnbVrbo

  • Luxury Cabin | Hot Tub | Games | Near Dollywood

    Cabin · 2 bd · 2 ba · sleeps 5 · 354 ft

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

    Revenue $65,450ADR $281Occ ≈ 64%5★ (44)

    AirbnbVrbo

  • A Secret Hideaway: Pool Table, Convenient, Value

    Cabin · 2 bd · 3 ba · sleeps 6 · 377 ft

    Revenue $77,310ADR $339Occ ≈ 62%4.6★ (202)

    AirbnbVrboBooking

  • Hot Tub, Arcade Games, Firepit + Axe Throwing

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

    Revenue $44,160ADR $207Occ ≈ 58%4.8★ (63)

    AirbnbVrboBooking

Show 36 more
  • Panorama*Views*Wet Bar*Custom Kitchen*Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 404 ft

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

    Revenue $86,773ADR $341Occ ≈ 70%—

    AirbnbVrbo

  • Serene Quintessential Mtn Cabin・Games・Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 417 ft

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

    Revenue $28,966ADR $158Occ ≈ 50%4★ (19)

    AirbnbVrboBooking

  • 2BR with private hot tub & free attraction tickets

    Cabin · 2 bd · 2 ba · sleeps 6 · 420 ft

    Revenue $36,697ADR $203Occ ≈ 50%4.2★ (43)

    AirbnbBooking

  • Spacious Mountain Cabin Gatlinburg & Pigeon Forge!

    Cabin · 2 bd · 2 ba · sleeps 8 · 430 ft

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

    Revenue $58,758ADR $181Occ ≈ 89%5★ (346)

    AirbnbVrbo

  • Pet friendly, hot tub, arcade, & great deck space!

    Cabin · 2 bd · 2 ba · sleeps 6 · 466 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $71,007ADR $352Occ ≈ 55%4.5★ (27)

    AirbnbVrbo

  • Sunny Side Up - A Country Cabin In The Countryside

    Cabin · 2 bd · 3 ba · sleeps 6 · 509 ft

    Revenue $24,523ADR $230Occ ≈ 29%4.5★ (2)

    Airbnb

  • Secluded Cabin 2B-2B/HotTub/OutdoorBed/GameRoom&EV

    Cabin · 2 bd · 2 ba · sleeps 8 · 525 ft

    Revenue $88,760ADR $282Occ ≈ 86%5★ (192)

    Airbnb

  • Pirate Themed | Heated Pool | Gatlinburg Location

    Cabin · 2 bd · 3.5 ba · sleeps 8 · 0.1 mi

    • Pool
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $90,076ADR $400Occ ≈ 62%4.8★ (29)

    AirbnbVrbo

  • Brand New 2 bed/2 bath, Arcade Games, Hot Tub

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

    Revenue $15,025ADR $326Occ ≈ 13%5★

    Vrbo

  • Modern 2BR w/ Hot Tub, Arcade Games & Axe Throwing

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

    Revenue $42,902ADR $199Occ ≈ 59%4.9★ (75)

    AirbnbVrboBooking

  • Almost Eden Cabin - Hot Tub, WiFi & Mountain Views

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

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

    Revenue $57,695ADR $237Occ ≈ 67%4.9★ (110)

    AirbnbVrboBooking

  • Hot tub, pool table, pet friendly, great location!

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $63,916ADR $327Occ ≈ 54%4.5★ (17)

    AirbnbVrbo

  • Pet friendly, hot tub, cozy log cabin sleeps 7!

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.1 mi

    Revenue $63,203ADR $337Occ ≈ 51%4.7★ (25)

    AirbnbVrbo

  • Ultimate Retreat. Minutes to Gatlbg and PFrge!

    Cabin · 2 bd · 3 ba · sleeps 6 · 0.1 mi

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

    Revenue $74,875ADR $243Occ ≈ 84%5★ (195)

    AirbnbVrbo

  • Makin Honey by American Patriot Getaways

    Vacation home · 2 bd · 2 ba · sleeps 4 · 0.1 mi

    Revenue $94,631ADR $292Occ ≈ 89%—

    Booking

  • Privacy|Proximity to attractions|Hot tub|75"Tv

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

    Revenue $57,202ADR $220Occ ≈ 71%4.8★ (85)

    AirbnbVrboBooking

  • Bearadise | Mountain Escape with Theater, Arcade &

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

    Revenue $67,127ADR $259Occ ≈ 71%5★ (220)

    Airbnb

  • A Home For The Whole Family, Even The Family Dog

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

    Revenue $54,612ADR $246Occ ≈ 61%4.5★ (2)

    AirbnbVrbo

  • Cabin with Majestic Views, Hot Tub & 2 King Suites

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

    Revenue $14,077ADR $244Occ ≈ 16%4.8★ (15)

    AirbnbVrbo

  • #5 Large Flat Yard for Pets & Kids-Firepit-Hot Tub

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $20,701ADR $221Occ ≈ 26%4.7★ (244)

    AirbnbVrbo

  • Hot tub, pool table, great deck space & location!

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

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

    Revenue $80,845ADR $369Occ ≈ 60%4.7★ (24)

    AirbnbVrbo

  • Gone To Therapy*Spa-themed Amenities*Rejuvenating

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

    Revenue $58,152ADR $267Occ ≈ 60%5★ (1)

    AirbnbVrbo

  • Bear Hugs Hideaway: Hot Tub & Mountain View

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

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

    Revenue $30,336ADR $221Occ ≈ 38%5★ (68)

    AirbnbVrboBooking

  • Moonlight & Magnolias*Gatlinburg*Pet-Friendly

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

    Revenue $35,445ADR $227Occ ≈ 43%4.7★ (3)

    AirbnbVrbo

  • Sports Centered Fun Cabin in Gatlinburg

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

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

    Revenue $73,789ADR $370Occ ≈ 55%5★ (17)

    AirbnbVrbo

  • Snuggle Up! Cozy Cabin with Hot Tub Escape

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $61,275ADR $225Occ ≈ 75%4.9★ (76)

    AirbnbVrbo

  • Bear Mountain Vista

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

    Revenue $98,397ADR $584Occ ≈ 46%4.4★ (25)

    AirbnbVrboBooking

  • Little Woods Cabin | Family-Friendly w/ Games!

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

    Revenue $29,469ADR $172Occ ≈ 47%4★ (11)

    AirbnbVrbo

  • Centrally Located! Newly Built Rustic Modern Cabin

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

    Revenue $47,899ADR $263Occ ≈ 50%5★ (92)

    AirbnbVrbo

  • Bearwatch: Your Front-Row Seat to Nature

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

    Revenue $43,137ADR $250Occ ≈ 47%4.6★ (13)

    AirbnbVrbo

  • 2 King Suites/One Level Log Cabin! Spectrum Wi-Fi!

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

    Revenue $62,034ADR $185Occ ≈ 92%5★ (430)

    Airbnb

  • Charming Cabin Retreat

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $15,096ADR $235Occ ≈ 18%4.5★ (2)

    AirbnbVrbo

  • Forest Fantasy

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

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

    Revenue $28,070ADR $192Occ ≈ 40%5★ (285)

    AirbnbVrbo

  • Bear's Den in Pigeon Forge #unforgettable 2 bedroom w/ Gameroom & Full Theater!

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

    Revenue $41,609ADR $175Occ ≈ 65%4★ (118)

    Delisted

  • Amazing Log Chalet, Scenic, Mountain View’s, Quiet

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

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

    Revenue $49,226ADR $205Occ ≈ 66%5★ (335)

    AirbnbVrbo

  • Hot tub, foosball, dog friendly, screened in porch

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

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

    Revenue $47,312ADR $397Occ ≈ 33%4.5★ (28)

    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

Financing
Management
Term

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

Est. revenue

$56,455

NOI

$29,904

Cash flow /mo

-$1,220

Cash needed

$208,850

Cash-on-cash

-7.0%

ROE (yr 1)

4.5%

Cap rate

4.5%

DSCR

0.67

Year-1 write-off

$200,797

Year-1 tax shield @ 32%

$64,255

Year-1 return on equity

  • Cash flow (annual)-$14,640
  • Principal paydown$4,044
  • Appreciation at%$19,950
ROE4.5%

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)$11,291
  • Platform fees (3% of revenue)$1,694
  • Maintenance / capex (5% of revenue)$2,823
  • Utilities & supplies$4,200
  • HOA$360
  • Property tax$2,194
  • Insurance (STR-rated)$3,990

Cash needed to close

  • Down payment (25%)$166,250
  • Closing costs (4.0%)$26,600
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$64,255

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

$620,000

Short-life (5/15-yr)

$184,000 · 30%

Year-1 deduction

$201,000

Year-1 tax shield @ 32%

$64,000

Land 7% (county tax record, market value split) · building $436,000 over 39 years · new furniture $16,000

Based on: 1,200 sq ft, built 2023, 2 bd / 3 ba, unfurnished, listing features (hot tub, deck, fireplace, stone counters, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $126,000 in year 1 (18% short-life, $40,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$137,200
  • Kitchen cabinetsdefault

    $8,400 new × 88% good × 2.53 allocation

    $18,800
  • Kitchen countertops (stone)listing

    $8,600 new × 88% good × 2.53 allocation

    $19,200
  • Decorative trimdefault

    $2,100 new × 88% good × 2.53 allocation

    $4,700
  • Mirrorsdefault

    $500 new × 75% good × 2.53 allocation

    $900
  • Shelvingdefault

    $900 new × 88% good × 2.53 allocation

    $2,000
  • Window coverings (12)default

    $3,000 new × 70% good × 2.53 allocation

    $5,300
  • Carpet, vinyl & laminate (100% of floors)listing

    $7,700 new × 75% good × 2.53 allocation

    $14,700
  • Kitchen & laundry equipment plumbingdefault

    $6,600 new × 94% good × 2.53 allocation

    $15,600
  • Kitchen, laundry & data equipment electricaldefault

    $4,000 new × 94% good × 2.53 allocation

    $9,400
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 75% good × 2.53 allocation

    $14,600
  • Hot tub (freestanding)listing

    $9,000 new × 70% good × 2.53 allocation

    $16,000
  • Furniture bought newlisting

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

    $16,000
15-year land improvements$63,100
  • Paving: driveway & walks (paved)default

    $7,200 new × 88% good × 2.53 allocation

    $16,000
  • Landscaping (typical)default

    $6,900 new × 88% good × 2.53 allocation

    $15,400
  • Patiosdefault

    $1,200 new × 88% good × 2.53 allocation

    $2,600
  • Decks & porches (attached)listing

    $13,500 new × 85% good × 2.53 allocation

    $29,100
Building, 39-year$435,800
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $129,800 new × 95% good × 2.53 allocation

    $312,300
  • Building plumbing & fixturesdefault

    $13,500 new × 94% good × 2.53 allocation

    $32,000
  • Building electrical & lightingdefault

    $12,500 new × 94% good × 2.53 allocation

    $29,700
  • HVACdefault

    $13,500 new × 85% good × 2.53 allocation

    $29,100
  • Fireplacelisting

    $2,600 new × 88% good × 2.53 allocation

    $5,900
  • Septic systemlisting

    $12,000 new × 88% good × 2.53 allocation

    $26,800

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$137,200$63,100$500$200,800
2$0$0$11,200$11,200
3$0$0$11,200$11,200
4$0$0$11,200$11,200
5$0$0$11,200$11,200
6+$0$0$390,600$390,600
Total$137,200$63,100$435,800$636,100

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.