Realistic Performance in Smoky Mountains in 2022

[Paul Wolfson]

I'm heading to the Gatlinburg/Pigeon Forge area to look at some cabins (3 - 4 bedrooms). My analysis is showing projected annual income after expenses at about $30k (20% cash on cash return) using today's home values and high interest rates. 

These projections are using numbers from AirDNA showing 77% average occupancy rate and ~$270 average nightly rate.

I'm not sure if these numbers are representative of what is truly happening in today's market.

For those that have cabins in the Smoky Mountains, could you please share your revenue numbers as well as net income (after all expenses) for 2022.

I'd like to see if my projections are realistic.

Thank you in advance.