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Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium

3117 Donegal Way

3117 Donegal Way

Sevierville, TN 37862

$635,000

2 bd · 2 ba · 1,792 sqft · Listed 1d ago

View on Realtor.com →
Negative cash flow

Year built

2023

Sqft

1,792

Lot sqft

24,394

HOA / mo

$0

Furnished

No

List date

2026-10-14T17:03:04.000000Z

Revenue

Annual revenue

$59,830

ADR

$229

Occupancy

72%

Cleaning fees (12 mo)

$11,247

Confidence

Med (52.96), 50 comps

Comp revenue range (p25 / median / p75)

$32,534$45,414$71,694

Median revenue of shown comps: $44,833

  • New! 2BR w/Hot Tub*Firepit*Games*Walk to Waterfall

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 171 ft

    Revenue $27,293ADR $276Occ ≈ 27%5★ (16)

    AirbnbVrbo

  • New Hot Tub Cabin Near Waterfall, Hiking, Arcade

    Cabin · 2 bd · 2 ba · sleeps 6 · 256 ft

    Revenue $58,901ADR $229Occ ≈ 70%5★ (163)

    AirbnbVrbo

  • Secluded Hot Tub Cabin Near Waterfall, Fireplace

    Cabin · 2 bd · 2 ba · sleeps 6 · 259 ft

    Revenue $75,029ADR $264Occ ≈ 78%5★ (254)

    AirbnbVrbo

  • Summer special~View~Hot Tub~Wi-fi~Fire pit table~Arcade and Pool table

    Cabin · 2 bd · 2 ba · sleeps 8 · 348 ft

    Revenue $92,739ADR $319Occ ≈ 80%5★ (1)

    Vrbo

  • Indoor Pool | Sauna | EV | Hot Tub |Game Room

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

    Revenue $74,265ADR $376Occ ≈ 54%5★ (25)

    AirbnbVrbo

  • New 2 BR w/ Hot Tub, Pool Table, Resort, WiFi

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

    Revenue $26,915ADR $249Occ ≈ 30%4.5★ (35)

    Airbnb

  • Mountain Mist: Pet Friendly | Cozy Mountain Cabin

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

    Revenue $39,456ADR $222Occ ≈ 49%5★ (29)

    AirbnbVrbo

  • LUX 2 BR -Hot Tub, Pool Table, Resort Amenities

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

    Revenue $41,044ADR $208Occ ≈ 54%4★ (3)

    AirbnbVrboBooking

  • "Angel's Place" 2 Bedroom Cabin

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

    Revenue $39,314ADR $485Occ ≈ 22%—

    Delisted

  • Mtn Views | Sleeps 8, Hot Tub | Pool & Tennis

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

    Revenue $60,083ADR $217Occ ≈ 76%4.5★ (55)

    AirbnbVrbo

Show 38 more
  • Sip your coffee in the rocking chairs while enjoying the serene Mountain View’s.

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

    Revenue $58,072ADR $197Occ ≈ 81%3.8★ (14)

    Vrbo

  • Spectacular Double Mtn Views • Hot Tub • Top 1%

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

    Revenue $48,066ADR $289Occ ≈ 46%5★ (191)

    AirbnbVrbo

  • Hot Tub & Whirlpool Tub-Wooded-Honeymoon Cabin

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

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

    Revenue $40,070ADR $221Occ ≈ 50%4.5★ (48)

    AirbnbVrboBooking

  • Tennessee 2 BR/2 Bath/Pigeon Forge (3195 Es)

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

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +2

    Revenue $30,057ADR $199Occ ≈ 41%4.8★ (4)

    AirbnbVrboBooking

  • Tennessee 2 BR/2 Bath/Pigeon Forge (3195 Es)

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

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +2

    Revenue $32,374ADR $198Occ ≈ 45%—

    Airbnb

  • NEW! Modern Cabin | Firepit | Hot Tub | Games

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

    Revenue $10,433ADR $343Occ ≈ 8%5★ (5)

    AirbnbVrbo

  • Private 2BR/2BA-HT & Pool Table-Pet Friendly!

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

    Revenue $49,525ADR $192Occ ≈ 71%4.8★ (135)

    Airbnb

  • Two bed cabin with King Beds, WI-FI, hot tub, view

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.3 mi

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

    Revenue $31,142ADR $233Occ ≈ 37%4.9★ (129)

    AirbnbVrboBooking

  • Top Of the Mountain To You! Military/LE discount.

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

    Revenue $39,398ADR $270Occ ≈ 40%5★ (130)

    AirbnbVrbo

  • Laurel House TN. Serenity, security & privacy.

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

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

    Revenue $18,739ADR $237Occ ≈ 22%5★ (13)

    AirbnbVrboBooking

  • The Bears, Mtn Views and Adventure Await You Here!

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

    Revenue $75,256ADR $276Occ ≈ 75%5★ (107)

    AirbnbVrbo

  • Secluded Retreat| Hot Tub| Games| Firepit

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.4 mi

    Revenue $75,370ADR $221Occ ≈ 93%5★ (183)

    AirbnbVrbo

  • Secluded,mins2dollywood 2/2HOTTUBfireplacebilliard

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

    Revenue $76,250ADR $247Occ ≈ 85%4.9★ (329)

    AirbnbVrbo

  • Angela's Hideaway Secluded, Mt top views, pets OK.

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

    Revenue $29,547ADR $186Occ ≈ 44%5★ (24)

    AirbnbVrbo

  • WEARS VALLEY-CLOSE TO ALL ATTRACTIONS! 2 BR 2 BA LOG CABIN, Sleeps 6!"LAZY BEAR"

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

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

    Revenue $26,483ADR $276Occ ≈ 26%4.7★ (22)

    Vrbo

  • New cabin, views, hot tub, seclusion, Wears Valley

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

    Revenue $118,488ADR $370Occ ≈ 88%4.9★ (40)

    AirbnbVrbo

  • Smoky Mountain Views + Game Room Retreat | Hot Tub

    House · 2 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $38,514ADR $466Occ ≈ 23%4.5★ (4)

    AirbnbVrboBooking

  • Heavenly Views + Spa + Games + Killer Design!

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

    Revenue $79,731ADR $307Occ ≈ 71%5★ (80)

    AirbnbVrboBooking

  • *Mtn Views* Secluded Cabin, x2 King Suites Hot Tub

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

    Revenue $43,502ADR $185Occ ≈ 64%4.9★ (102)

    Airbnb

  • Rustic Charm, Sleeps 8・Modern Comfort Near Smokies

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

    Revenue $23,018ADR $221Occ ≈ 29%4.3★ (16)

    AirbnbVrboBooking

  • Panoramic Mountain View Cabin Rental-Hot Tub-outdoor Kitchen-No.1 Mountain View

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

    Revenue $102,378ADR $304Occ ≈ 92%4.8★ (76)

    VrboBooking

  • Peaceful 2BR*Hot Tub*Arcade*Fireplace*Privacy

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

    Revenue $26,672ADR $181Occ ≈ 40%4.9★ (24)

    AirbnbVrbo

  • Sitting Rock - Cabin In The Smokies

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

    Revenue $45,247ADR $172Occ ≈ 72%4.6★ (47)

    AirbnbVrbo

  • Luxury Chalet | Private Pool | Resort Amenities

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

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

    Revenue $84,294ADR $395Occ ≈ 58%5★ (16)

    AirbnbVrbo

  • Charm & modern comfort w/ free attraction tickets

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

    Revenue $45,580ADR $245Occ ≈ 51%4.3★ (22)

    AirbnbVrboBooking

  • A Little Bit of Heaven 16

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

    Revenue $32,985ADR $217Occ ≈ 42%4.7★ (162)

    AirbnbVrbo

  • Bears Nature Luxury Cabin•Hot tub•Arcade

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

    Revenue $32,383ADR $216Occ ≈ 41%5★ (65)

    Airbnb

  • BRAND NEW LUXURY CABIN - Wears Valley Views Your Ultimate Smoky Mountain Escape in Wears Valley, TN

    Vacation home · 2 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $44,418ADR $317Occ ≈ 38%—

    Booking

  • Pet Friendly Cabin with Fire Pit, Grill, Hot Tub

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.5 mi

    Revenue $102,399ADR $346Occ ≈ 81%5★ (55)

    AirbnbVrboBooking

  • Brand New Luxury Cabin Mtn Views Wears Valley, TN

    House · 2 bd · 2.5 ba · sleeps 8 · 0.5 mi

    Revenue $38,203ADR $325Occ ≈ 32%5★ (9)

    AirbnbVrbo

  • "Wuzzy's Flophouse" 1 Bedroom Cabin

    House · 2 bd · 1 ba · sleeps 6 · 0.5 mi

    Revenue $39,777ADR $181Occ ≈ 60%—

    Airbnb

  • Beary Cozy Cabin-NERF Battle,FirePit,HotTub,Arcade

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

    Revenue $58,186ADR $227Occ ≈ 70%5★ (246)

    AirbnbVrboBooking

  • Memories at Hidden Bear Hill

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.5 mi

    Revenue $12,964ADR $256Occ ≈ 14%5★ (24)

    Airbnb

  • Wild At Heart Wears Valley by American Patriot Getaways

    Vacation home · 2 bd · 1 ba · sleeps 4 · 0.5 mi

    Revenue $72,242ADR $258Occ ≈ 77%4.5★ (1)

    Booking

  • Wuzzy's Flophouse

    Vacation home · 2 bd · 1 ba · sleeps 6 · 0.5 mi

    Revenue $54,599ADR $253Occ ≈ 59%4.5★ (1)

    Booking

  • Secluded Setting-Cozy Cabin Rental- Firepit Gameroom Internet Access-In Great Smoky Mountains

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

    Revenue $50,821ADR $225Occ ≈ 62%4.9★ (44)

    VrboBooking

  • *Beautiful 2BR Pet-friendly Cabin! Hot Tub + WIFI*

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

    Revenue $74,349ADR $225Occ ≈ 91%4.8★ (340)

    AirbnbVrbo

  • Deck*Grill*Sauna*Hot tub*Fire pit*Location!

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

    Revenue $70,050ADR $268Occ ≈ 72%4.9★ (124)

    AirbnbVrboBooking

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 8) + 0.75% investor premium

Est. revenue

$59,830

NOI

$32,613

Cash flow /mo

-$827

Cash needed

$206,150

Cash-on-cash

-4.8%

ROE (yr 1)

6.3%

Cap rate

5.1%

DSCR

0.77

Year-1 write-off

$177,207

Year-1 tax shield @ 32%

$56,706

Year-1 return on equity

  • Cash flow (annual)-$9,921
  • Principal paydown$3,862
  • Appreciation at%$19,050
ROE6.3%

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)$11,966
  • Platform fees (3% of revenue)$1,795
  • Maintenance / capex (5% of revenue)$2,992
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$2,455
  • Insurance (STR-rated)$3,810

Cash needed to close

  • Down payment (25%)$158,750
  • Closing costs (4.0%)$25,400
  • Furnishing (bought new)$22,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$56,706

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

$597,000

Short-life (5/15-yr)

$155,000 · 26%

Year-1 deduction

$177,000

Year-1 tax shield @ 32%

$57,000

Land 6% (county tax record, market value split) · building $442,000 over 39 years · new furniture $22,000

Based on: 1,792 sq ft, built 2023, 2 bd / 2 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: $113,000 in year 1 (15% short-life, $36,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$117,500
  • Kitchen cabinetsdefault

    $9,700 new × 88% good × 1.75 allocation

    $15,000
  • Kitchen countertopsdefault

    $8,000 new × 88% good × 1.75 allocation

    $12,200
  • Decorative trimdefault

    $3,100 new × 88% good × 1.75 allocation

    $4,800
  • Mirrorsdefault

    $300 new × 75% good × 1.75 allocation

    $400
  • Shelvingdefault

    $900 new × 88% good × 1.75 allocation

    $1,400
  • Window coverings (18)default

    $4,500 new × 70% good × 1.75 allocation

    $5,500
  • Carpet, vinyl & laminate (100% of floors)listing

    $11,500 new × 75% good × 1.75 allocation

    $15,100
  • Kitchen & laundry equipment plumbingdefault

    $7,600 new × 94% good × 1.75 allocation

    $12,400
  • Kitchen, laundry & data equipment electricaldefault

    $4,600 new × 94% good × 1.75 allocation

    $7,500
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 75% good × 1.75 allocation

    $10,100
  • Hot tub (freestanding)listing

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

    $11,000
  • Furniture bought newlisting

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

    $16,000
  • Game-room equipment bought newlisting

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

    $6,000
15-year land improvements$59,200
  • Paving: driveway & walks (paved)default

    $8,800 new × 88% good × 1.75 allocation

    $13,500
  • Landscaping (typical)default

    $8,400 new × 88% good × 1.75 allocation

    $13,000
  • Patiosdefault

    $1,800 new × 88% good × 1.75 allocation

    $2,700
  • Decks & porches (attached)listing

    $20,200 new × 85% good × 1.75 allocation

    $30,000
Building, 39-year$441,800
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $194,600 new × 95% good × 1.75 allocation

    $323,300
  • Building plumbing & fixturesdefault

    $20,200 new × 94% good × 1.75 allocation

    $33,100
  • Building electrical & lightingdefault

    $20,000 new × 94% good × 1.75 allocation

    $32,900
  • HVACdefault

    $20,200 new × 85% good × 1.75 allocation

    $30,000
  • Fireplacelisting

    $2,600 new × 88% good × 1.75 allocation

    $4,100
  • 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$117,500$59,200$500$177,200
2$0$0$11,300$11,300
3$0$0$11,300$11,300
4$0$0$11,300$11,300
5$0$0$11,300$11,300
6+$0$0$396,000$396,000
Total$117,500$59,200$441,800$618,600

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.