A 4 Bedroom Gatlinburg Vacation Rental

$325,000
4
2
1,400
sq. ft.
$232
per sq ft
Heated sq ft: 1,400 sq ft
Avg Nightly Rate: $350
Home Legally Sleeps: 5
Occupancy Rate: 32 weeks
Annual Gross Income : 80892
Annual Net Operating Income : 40025
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Broker
Seller Financing: No
Niche: Mountain, Nature
New Construction: Inquire
Days on Vrolio: 1431

Property Description

A profitable investment few miles from downtown Gatlinburg and the entrance to the National Park, and many major attractions.

Presented by:
Agent:
Avery Carl
eXp Realty, LLC Nashville
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 500
Low: 240
Peak: 500
Special Event: 0
Avarage: 350.00
Furniture Age
1
Est Value of Furnishings
$30,000
Peak & High Seasons
December
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
80892
Net Operating Income
40025
Stories
2
Additional Indoor Rooms
Formal Dining Room
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer, Other
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric), Electric or Gas Firelace
Floor Coverings
Real Hardwood, Tile
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Year built
1982
Outdoor Features
Deck
View
Mountain
Backyard Exposure
North
Lot Size
Community Features
Clubhouse, Community Pool(s), Tennis Court
Tax Amount/Year
$1,533
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
Yes
Interview Required
No
Neighborhood Amenities
Clubhouse, Community Pool(s), Tennis Court
Mandatory HOA
Inquire
Home Legally Sleeps:
5
Onsite Parking
Off-street parking
Neighborhood Association STR Rules
HOA allows STR
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
$3.00
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
2 Years
Occupancy Rate
32
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Third Party
Managed By
Owner
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
$625.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$3,058.00
Water/Sewer (Annual)
$575.00
Cable/Interbet (Annual)
$1,420.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$1,533.00
Homeowner's Insurance (Annual)
$1,450.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$400.00
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
Total Capital Investment

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Income
Average Nightly Rent

Weekly Rent

Potential Annual Rent

Weeks Rented (of 52)

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Effective Gross Rent

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Booking Site Service Fees ($)

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Management Fee Annually

Additonal Nightly Insurance Policy ($ per night)

Additonal Nightly Insurance Policy Annually

Sales, Bed, Resort, Tourist Tax (%)

Sales, Bed, Resort, Tourist Tax Annually ($)

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Fixed Expenses (Annual)
Annual Permits/Licences

Advertising & Tech Costs

Yard and Pest Control

Pool Maintenance

Electricity

Water/Sewer

Cable/Internet

Accounting

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Homeowner's Insurance

Short Term Rental Insurance Rider

CDD fee

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Loan
Down Payment (%)

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Returns
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Break-Even Occupancy (Weeks)

Net Operating Income (NOI)

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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: eXp Realty, LLC Nashville, 615-948-4453

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