556 Pittman Center Rd

90 — Excellent

$420,000

$210/sqft

556 Pittman Center Rd

3 BR

3 BA

Sleeps 10

2,000 sqft

Built 2019

1.0 acres

Amenities & Revenue Drivers

Hot Tub+8%Mountain View+15%Game Room+6%Indoor PoolPet Friendly+4%EV Charger

Zoning & Permits

JurisdictionSevier County (Unincorporated)
STR PermittedYes
Permit Cost$50/yr

Description

3BR cabin on a full acre in unincorporated county. Mountain views, hot tub, game room, and total privacy. Minimal zoning restrictions.

Projection Scenario
Better (Moderate)

Gross Revenue

$63,732

Cash Flow

$1,058/mo

CoC Return

16.8%

Cap Rate

11.1%

Property Management Company

Self-managed — no management fee applied

MetricGoodConservativeBetterModerateBestOptimistic
Occupancy Rate48.0%62.0%75.0%
Avg Daily Rate$254$282$299
Gross Revenue$44,450$63,732$81,926
Operating Expenses (32.0%–23.0%)($14,224)($17,208)($18,843)
Net Operating Income$30,226$46,524$63,083
Annual PITI($33,828)($33,828)($33,828)
Annual Cash Flow-$3,602$12,696$29,255
Monthly Cash Flow-$300$1,058$2,438
Cash-on-Cash Return-4.8%16.8%38.7%
Cap Rate7.2%11.1%15.0%
Down: 15% ($63,000)Rate: 7.25%Term: 30 yrClosing: 3%Tax: 0.5%/yrInsurance: $3,000/yrTotal Cash In: $75,600