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Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium

3050 Headrick Dr

3050 Headrick Dr

Sevierville, TN 37862

$699,000

2 bd · 2.5 ba · 1,855 sqft · Listed 1d ago

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

Year built

2007

Sqft

1,855

Lot sqft

83,766

HOA / mo

$0

Furnished

No

List date

2026-10-02T15:23:38.000000Z

Revenue

Annual revenue

$45,534

ADR

$225

Occupancy

55%

Cleaning fees (12 mo)

$8,780

Confidence

Low (47.11), 39 comps

Comp revenue range (p25 / median / p75)

$27,018$37,774$49,374

Median revenue of shown comps: $38,192

  • Spring View | Creek Views & Hot Tub + Game Room

    Cabin · 2 bd · 2 ba · sleeps 6 · 495 ft

    Revenue $42,644ADR $394Occ ≈ 30%3.9★ (37)

    AirbnbVrboBooking

  • Moonlight Magic Cabin Rental

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

    Revenue $952ADR $190Occ ≈ 1%—

    Vrbo

  • "Moonlight Magic" is a cozy, secluded, log cabin

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.2 mi

    Revenue $58,596ADR $252Occ ≈ 64%4.8★ (158)

    AirbnbVrboBooking

  • "Moonlight Magic" 2 Bedroom Cabin

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

    Revenue $17,009ADR $307Occ ≈ 15%—

    Airbnb

  • Lovely Cabin, Sleeps 6・Wooded Surroundings・Deck

    Cabin · 2 bd · 3 ba · sleeps 6 · 0.3 mi

    Revenue $3,042ADR $178Occ ≈ 5%4.3★ (29)

    AirbnbVrboBooking

  • Moonshine Modern! Lux Design, Central, & Hot Tub!

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

    Revenue $63,054ADR $271Occ ≈ 64%4.9★ (62)

    AirbnbVrbo

  • Cozy Cabin/BBQ/Hot Tub/Game Room/Pool access!

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

    Revenue $87,667ADR $325Occ ≈ 74%5★ (104)

    AirbnbVrbo

  • 2BR w/Hot Tub*Fire Pit*Games*Privacy*Walk to Pool!

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

    Revenue $21,989ADR $290Occ ≈ 21%5★ (11)

    AirbnbVrbo

  • Stylish & Airy ~ 5*Location ~ Scenic Mountain View

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

    Revenue $46,706ADR $223Occ ≈ 57%4.7★ (216)

    AirbnbVrbo

  • Wooded 2BR Valleyview | Free Attraction Tickets

    Cabin · 2 bd · 3 ba · sleeps 6 · 0.4 mi

    Revenue $12,364ADR $231Occ ≈ 15%4.3★ (65)

    AirbnbVrbo

Show 27 more
  • Next to the Park, Pigeon Forge w/Hot Tub MTN Views

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.4 mi

    Revenue $45,419ADR $232Occ ≈ 54%4.7★ (131)

    AirbnbVrbo

  • Willow Creek | Hot Tub + Fire Pit & Pool Table!

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.4 mi

    Revenue $27,950ADR $296Occ ≈ 26%4.1★ (61)

    AirbnbVrboBooking

  • Moonshine Meadows-Where Peace Grows & the Moon Glo

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

    Revenue $49,296ADR $251Occ ≈ 54%4.9★ (13)

    AirbnbVrbo

  • Smokies Oasis: Fenced Yard, Hot Tub, Fire Pit

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $81,384ADR $323Occ ≈ 69%5★ (255)

    AirbnbVrbo

  • Country Hideaway - Free Pool & Fishing Pond Access

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.5 mi

    Revenue $27,502ADR $156Occ ≈ 48%4.5★ (12)

    AirbnbVrbo

  • Quilted Pines – Hot Tub, Pool, Dog Friendly

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $41,257ADR $218Occ ≈ 52%5★ (17)

    AirbnbVrboBooking

  • Cozy 2-Bedroom Smoky Mountain Getaway

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi

    Revenue $29,515ADR $258Occ ≈ 31%—

    Vrbo

  • Cozy Log Cabin with Hot Tub & Game Room Near Smoky Mountain National Park | Sevierville, TN

    Vacation home · 2 bd · 2 ba · sleeps 4 · 0.5 mi

    Revenue $10,132ADR $434Occ ≈ 6%—

    Booking

  • Front Porch Vista – A Smoky Mountain Escape

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.5 mi

    Revenue $25,564ADR $105Occ ≈ 67%4.7★ (208)

    AirbnbVrbo

  • A Dream Come True

    Vacation home · 2 bd · 2 ba · sleeps 7 · 0.6 mi

    Revenue $20,433ADR $1,221Occ ≈ 5%4.5★ (4)

    Booking

  • Brand New Romantic A-Frame / Sauna / Flat Roads

    House · 2 bd · 2 ba · sleeps 6 · 0.6 mi

    Revenue $387ADR $129Occ ≈ 1%—

    Airbnb

  • Dream Come True: Pet Friendly & Free Tickets

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.6 mi

    Revenue $36,070ADR $242Occ ≈ 41%4.7★ (86)

    AirbnbVrbo

  • NEW! Windy Ridge 2-Bedroom Cabin with Pool and Mountain view - Pets Allowed

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.6 mi

    Revenue $37,356ADR $257Occ ≈ 40%4.5★ (5)

    VrboBooking

  • Mountain Views | Dog-Friendly & Fully Fenced Yard

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.6 mi

    Revenue $57,143ADR $261Occ ≈ 60%4.8★ (199)

    AirbnbVrbo

  • FREE Tickets! Pet-Friendly-Fenced Yard-Pond nearby

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.6 mi

    Revenue $43,721ADR $270Occ ≈ 44%5★ (59)

    AirbnbVrbo

  • Sweet Serenity - Cabin

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.6 mi

    Revenue $59,937ADR $210Occ ≈ 78%4.9★ (50)

    AirbnbVrbo

  • A Windy Ridge: New listing Promo! Pets & Hot Tub!

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.7 mi

    Revenue $25,555ADR $341Occ ≈ 21%5★ (2)

    AirbnbVrboBooking

  • Cozy Bear Lodge! Game Rm, Hot Tub, Fishing!

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $64,766ADR $267Occ ≈ 66%5★ (116)

    AirbnbVrbo

  • Wygelias Hidden Gem family cabin Townsend hot tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $31,496ADR $172Occ ≈ 50%4.7★ (97)

    AirbnbVrbo

  • Best Views • Indoor Pool • Hot Tub • Romance

    Cabin · 2 bd · 2.5 ba · sleeps 4 · 0.7 mi

    Revenue $48,005ADR $435Occ ≈ 30%5★ (24)

    AirbnbVrboBooking

  • Sunset Meadows In Wears Valley

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.7 mi

    Revenue $38,192ADR $216Occ ≈ 48%4.9★ (39)

    AirbnbVrbo

  • ‘Firefly Cove’ - 3 Mi to Parkway & National Park!

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.7 mi

    Revenue $42,229ADR $194Occ ≈ 60%5★ (197)

    AirbnbVrboBooking

  • Foothills Retreat

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.7 mi

    Revenue $29,913ADR $174Occ ≈ 47%4.8★ (22)

    Airbnb

  • Hot Tub Cabin | 2 King Suites | Fire Pit

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $41,259ADR $236Occ ≈ 48%4.9★ (43)

    AirbnbVrbo

  • Timber Lodge WiFi video games

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.7 mi

    Revenue $49,609ADR $154Occ ≈ 88%4.8★ (115)

    AirbnbVrboBooking

  • Higher Ground

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $30,993ADR $190Occ ≈ 45%4.8★ (123)

    AirbnbVrboBooking

  • Heaven's Hideaway-2 King Suites/Hot Tub/Pet Friend

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $53,851ADR $230Occ ≈ 64%4.9★ (33)

    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 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium

Est. revenue

$45,534

NOI

$21,628

Cash flow /mo

-$2,055

Cash needed

$218,710

Cash-on-cash

-11.3%

ROE (yr 1)

0.3%

Cap rate

3.1%

DSCR

0.47

Year-1 write-off

$126,397

Year-1 tax shield @ 32%

$40,447

Year-1 return on equity

  • Cash flow (annual)-$24,664
  • Principal paydown$4,353
  • Appreciation at%$20,970
ROE0.3%

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)$9,107
  • Platform fees (3% of revenue)$1,366
  • Maintenance / capex (5% of revenue)$2,277
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$2,762
  • Insurance (STR-rated)$4,194

Cash needed to close

  • Down payment (25%)$174,750
  • Closing costs (4.0%)$27,960
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$40,447

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

$594,000

Short-life (5/15-yr)

$110,000 · 18%

Year-1 deduction

$126,000

Year-1 tax shield @ 32%

$40,000

Land 15% (market default, no usable tax-record split) · building $484,000 over 39 years · new furniture $16,000

Based on: 1,855 sq ft, built 2007, 2 bd / 2.5 ba, unfurnished, listing features (deck, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $75,000 in year 1 (10% short-life, $24,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$72,900
  • Kitchen cabinetsdefault

    $9,900 new × 40% good × 2.64 allocation

    $10,400
  • Kitchen countertopsdefault

    $8,100 new × 40% good × 2.64 allocation

    $8,500
  • Decorative trimdefault

    $3,200 new × 40% good × 2.64 allocation

    $3,400
  • Mirrorsdefault

    $300 new × 40% good × 2.64 allocation

    $300
  • Shelvingdefault

    $900 new × 40% good × 2.64 allocation

    $900
  • Window coverings (19)default

    $4,800 new × 40% good × 2.64 allocation

    $5,000
  • Kitchen & laundry equipment plumbingdefault

    $7,700 new × 62% good × 2.64 allocation

    $12,500
  • Kitchen, laundry & data equipment electricaldefault

    $4,600 new × 62% good × 2.64 allocation

    $7,600
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 2.64 allocation

    $8,100
  • Furniture bought newlisting

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

    $16,000
15-year land improvements$53,000
  • Paving: driveway & walks (paved)listing

    $8,900 new × 50% good × 2.64 allocation

    $11,800
  • Landscaping (typical)default

    $8,600 new × 50% good × 2.64 allocation

    $11,300
  • Patiosdefault

    $1,800 new × 50% good × 2.64 allocation

    $2,400
  • Decks & porches (attached)listing

    $20,900 new × 50% good × 2.64 allocation

    $27,500
Building, 39-year$484,300
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $201,500 new × 68% good × 2.64 allocation

    $363,000
  • Building plumbing & fixturesdefault

    $20,900 new × 62% good × 2.64 allocation

    $34,100
  • Building electrical & lightingdefault

    $20,800 new × 62% good × 2.64 allocation

    $34,000
  • HVACdefault

    $20,900 new × 40% good × 2.64 allocation

    $22,000
  • Hardwood & tile floorsdefault

    $11,900 new × 40% good × 2.64 allocation

    $12,600
  • Fireplacelisting

    $2,600 new × 40% good × 2.64 allocation

    $2,800
  • Septic systemlisting

    $12,000 new × 50% good × 2.64 allocation

    $15,800

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$72,900$53,000$500$126,400
2$0$0$12,400$12,400
3$0$0$12,400$12,400
4$0$0$12,400$12,400
5$0$0$12,400$12,400
6+$0$0$434,100$434,100
Total$72,900$53,000$484,300$610,200

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.