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Gatlinburg Area Community Virtual Tour!
Click on the photo below to view the tour that our daughter, Brittany Schoenfield, filmed of the Gatlinburg area including Pigeon Forge and Sevierville.
Commercial Space Available!
Affordable quality street level glass front office space just half a mile from traffic light number 10 on the Gatlinburg Parkway now available. All city utilities, free parking, 1,000 ft space with easy year round access, no interior or exterior steps, already finished and ready to rent! For full information about this quality commercial real estate please contact Jeff Schoenfield (o/a) at 865-436-0444 or email us
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| Chalet Rental
Pro-Forma |
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Assumptions
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Average Daily Rate
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$124
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Number of Nights
per Year
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220
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Rental Mgmt Expense
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40.00%
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Operating Expense
Rate
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9.68%
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Purchase Price
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$120,900
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Down Payment
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$30,000
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Amount Financed
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$90,900
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Annual
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Monthly
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Mortgage Payment
(P&I only)
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$7,368
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$614
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Home Owner's Association
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$240
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$20
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Insurance Allocation
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$500
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$42
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Utilities (Elec.,
Phone, Cable)
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$1,500
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$125
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Property Taxes
|
$400
|
$33
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Mortgage (PITI)
& Fees
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$10,008
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$834
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Results
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Annual Gross
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$27,280
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$2,273
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Less Management
Fees
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$10,912
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$909
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Net Pre Operating
Expenses
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$16,368
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$1,364
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Operating Expenses
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$2,640
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$220
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Net Available to
Service Mortgage
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$13,728
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$1,144
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Mortgage Obligation
(P&I Only)
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$7,368
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$614
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Net after Debt
Service & Expenses
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$6,360
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$530
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Repairs & Maintenance
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$1,000
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$83
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Net pre-tax
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$5,360
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$447
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| In
addition to owning your own Smoky Mtn getaway, there are tax
advantages as well. Please
consult a tax professional for details. All houses are different,
and not all properties perform this well. Remember, past
performance does not guarantee future results. |
| Mortgage
rate & terms are subject to availability, this example assumes
7.25%, 30 year mortgage. |
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FOR PERSONAL SERVICE AND/OR INFO ON ANY
SEVIER COUNTY PROPERTY,
CALL JEFF OR KAREN AT
1-800-818-8133 or E-mail us!
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Each RE/MAX
Office is independently owned and operated
All Rights Reserved Jeff and Karen Schoenfield
Web site design and graphics © 1999-2010 Prism Designs |
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Country Living!
Bring the horses!! 1500 sf home in Sevierville with FIVE acres of land including some pasture now available for sale! 4 bedroom, 2 bath home with lots of extras including a mini-barn priced at only $125,000. For more information, please contact Jeff Schoenfield, Agent/Owner at
865-436-0444
NOW AVAILABLE - Free area foreclosed real estate listings information on ALL listed Gatlinburg and surrounding area bank owned properties and possible short sales is now available right here on our site! For more information about which of these properties are actually the most attractive investments please email us at Jeff@GatlinburgHomes.com Sold data for residential Gatlinburg area sales are now (once again) posted online. Our area's real estate market is constantly changing and you can learn all about our Gatlinburg real estate market's current conditions in our blog! To view actual MLS sales records for Gatlinburg real estate and the rest of the Great Smoky Mountains including Gatlinburg, Pigeon Forge, Sevierville, Kodak, and all of Sevier County, click here!
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