Generic placeholder image

Lenders

Offer Price

$

Proposed Settlement Date

Financing Terms

Include Furniture

Include Future Bookings

By submitting an offer, I understand and acknowledge that vrolio corp is not real estate brokerage and does not represent me in any capacity on a real estate transaction. I understand that this is not a purchase commitment and I am simply presenting a non-binding letter of intent to the seller of this property and the seller is in no way obligated to respond or accept my offer.

Please fill in all requiered fields

Newly Renovated Cabin in the Smokies! New Theater Room, Hot Tub, Game Room! All New Furniture and Amenities!

+ 11

Zone

Login to see address

Sevierville, TN 37862

Favorite
$1,229,900
3
3
3,054
sq. ft.
$403
per sq ft
Heated sq ft: 3,055 sq ft
Avg Nightly Rate: $429
Home Legally Sleeps: 14
Occupancy Rate: 0 weeks
Annual Gross Income : 0
Annual Net Operating Income : 0
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: Will Consider
Niche: Mountain, Nature
New Construction: Inquire
Days on Vrolio: 621

Property Description

3BR/3.5BA - 3,000+ sq. ft. Sleeps 14 Rental Projections are $130K-$160K We just completely renovated this cabin. All new: Furniture, LVP flooring, tile showers, soaker tub, TVs, Mini-Split HVAC Unit and more! We completely finished the basement and sunroom, adding HVAC to both areas, as well as insulation, flooring, furniture, new windows and doors, new paint, etc. Added a full bathroom to the basement area as well as the theater room and beautiful wood Queen/Queen Bunks. Brand new hot tub! I have a complete list of updates/renovations that were done, along with additional specs on the cabin and pricing. Quiet neighborhood, less than 10 minutes to the Parkway in Pigeon Forge. No HOA. Well/septic. Very low monthly expenses! Also includes mountain views. All future bookings via Airbnb/VRBO will also convey -- Currently $10K+ through the end of the year.

Presented by:
Owner:
michael baringer
Seller Financing
Will Consider
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 499
Low: 339
Peak: 599
Special Event: 0
Avarage: 429.00
Furniture Age
1
Est Value of Furnishings
$30,000
Peak & High Seasons
May, June, July, August, October, November
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
We are planning to invest in another rental property in a different market.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
0
Net Operating Income
0
Stories
3
Additional Indoor Rooms
Family Room, Finished basement, Game Room, Living Room, Master Suite Down, Mud Room, Sun Room, Theater/Media room
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric), Electric or Gas Firelace, Wall Unit A/C, Other
Floor Coverings
Tile, Other
Security
No
Security Description
Half Baths
1
Master Suite(s)
Inquire
Energy Efficiency
Year built
2003
Outdoor Features
Above Ground Spa, Deck, Fire Pit, Porch - Not screened, Sprinkler System
View
Mountain, Wooded Area
Backyard Exposure
North
Lot Size
The lot is 0.79 acres. It is on a mostly wooded lot with a lawn in the front, side, and back.
Community Features
Tax Amount/Year
$2,000
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Mandatory HOA
Inquire
Home Legally Sleeps:
14
Onsite Parking
There are two separate parking areas. There is space at the front of the cabin for 2 large (3 small) vehicles and then a separate driveway to the downstairs entrance that can hold an additional 3-4 vehicles.
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
$0.04
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
1 Year
Occupancy Rate
0
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Owner
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
Yes, Professional photos
Manager Cancellation Policy
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
$200.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
$720.00
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$4,000.00
Water/Sewer (Annual)
Inquire
Cable/Interbet (Annual)
$845.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$2,000.00
Homeowner's Insurance (Annual)
$900.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
Total Capital Investment

RECALCULATE
Income
Average Nightly Rent

Weekly Rent

Potential Annual Rent

Weeks Rented (of 52)

Additonal Net Revenue Streams

Effective Gross Revenue

Effective Gross Rent

RECALCULATE
Variable Expenses (Annual)
Management Rental Commission (%)

Management Rental Commission Annually ($)

Credit Card Fee (%)

Credit Card Fee Annually ($)

Cleaning Fee ($ per rented wk)

Cleaning Fees Annually

Booking Site Service Fees (%)

Booking Site Service Fees ($)

Management Fee ($ per mo)

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 ($)

RECALCULATE
Fixed Expenses (Annual)
Annual Permits/Licences

Advertising & Tech Costs

Yard and Pest Control

Pool Maintenance

Electricity

Water/Sewer

Cable/Internet

Accounting

Property Taxes

Homeowner's Insurance

Short Term Rental Insurance Rider

CDD fee

Annual Homeowners Association Dues

Additional Membership Fees

Maintenance Reserves/Supplies

Other

Fixed & Variable Expenses

RECALCULATE
Loan
Down Payment (%)

Down Payment (Capital Investment)

Loan Amount

Interest Rate

Amortization (Loan Years)

Monthly Payment

Annual Debt Service

RECALCULATE
Returns
Average Monthly Cash Flow

Annual Cash Flow

Cash-on-Cash Return

Annual Occupancy to Break Even

Break-Even Occupancy (Weeks)

Net Operating Income (NOI)

Cap Rate (ROI)

RECALCULATE

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.

LOCATION MAP VIEW

Nearby Similar Homes

Data provided by property owner

The information featured here is supplied by third party resources. In some cases the owner directly will supply the data and in other cases third party listing sources. While we do everything in our power to ensure the information is as accurate as possible but we can in no capacity, guarantee the information sourced here is 100% accurate. All users should do their own due diligence and further research before engaging in a property purchase based on the data and information provided here. It is deemed reliable but not guaranteed. In many cases the information may not be verified further than the source that provided it to us. This includes all data and information shown about the properties, locations, regulations and any other details found here. Vrolio does not own, manage and is not in any way associated with in a real estate transaction capacity any of the properties shown here. Images are subject to copyright from owner and photographer. We do not own any of the images provided here. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in a property.