4 BR
3 BA
Sleeps 12
2,500 sqft
Built 2020
0.40 acres
Amenities & Revenue Drivers
Hot Tub+8%Mountain View+15%Game Room+6%Indoor PoolPet FriendlyEV Charger
Zoning & Permits
JurisdictionPigeon Forge
STR PermittedYes
Permit Cost$200/yr
Certain commercial zones excluded
Annual renewal required
Description
4BR chalet on the Parkway with commercial visibility. Hot tub, game room, and mountain views. Dual-use potential as STR and event venue.
Projection Scenario
Better (Moderate)Gross Revenue
$88,140
Cash Flow
$1,807/mo
CoC Return
22.9%
Cap Rate
12.3%
Property Management Company
Self-managed — no management fee applied
| Metric | GoodConservative | BetterModerate | BestOptimistic |
|---|---|---|---|
| Occupancy Rate | 48.0% | 62.0% | 75.0% |
| Avg Daily Rate | $351 | $390 | $413 |
| Gross Revenue | $61,425 | $88,140 | $113,162 |
| Operating Expenses (32.0%–23.0%) | ($19,656) | ($23,798) | ($26,027) |
| Net Operating Income | $41,769 | $64,342 | $87,135 |
| Annual PITI | ($42,660) | ($42,660) | ($42,660) |
| Annual Cash Flow | -$891 | $21,682 | $44,475 |
| Monthly Cash Flow | -$74 | $1,807 | $3,706 |
| Cash-on-Cash Return | -0.9% | 22.9% | 47.1% |
| Cap Rate | 8.0% | 12.3% | 16.6% |
Down: 15% ($78,750)Rate: 7.25%Term: 30 yrClosing: 3%Tax: 0.5%/yrInsurance: $3,000/yrTotal Cash In: $94,500