Buying STR in Smoky Mountains

[Maan Najjar]

Hello all,

New member here and planning to buying my first STR in Smoky Mountains. I've been in smoky mountains once and I loved it. Very excited to join the market!

I'm thinking of buying a property around $250,000, but I want to be realistic in terms of ROI. So I was wondering how much would $250,000 rental gross in average ? I've seen some listings claiming 30,000+ revenue.

Thanks,

Maan