Gatlinburg has a small but thriving community of property owners. The 2000 census estimated that 3,300 people live year-round in Gatlinburg. Every year, there are hundreds of Gatlinburg cabins for sale and many new buildings continue to be developed.
The purchase of Gatlinburg cabins has picked up in recent years as more people view second homes as profitable investment alternatives. Indeed, most of the cabins sold in Gatlinburg each year are bought with rental income in mind. In considering where to buy a rental cabin, one benefit of Gatlinburg is its prime location ? within a day's driving distance of half the American populace.
Even when purchasing a Gatlinburg cabin, no good investment comes without a cost. Down payments tend to run between 10% and 20% of the full price of the cabin, which typically ranges from $225,000 to $500,000. Loans incurred in the purchase of a Gatlinburg therefore range anywhere from $175,000 to $425,000. Total annual expenses ? including mortgage, rental management fees, utilities, property taxes, insurance, association dues, annual tourist residency permits, and repairs and maintenance ? can run from $30,000 to $75,000 a year.
Now for the good news: rental income offsets the cost of purchasing a Gatlinburg cabin. An individual homeowner or homeowner association can hire a Gross annual rental income can easily reach $25,000 to $85,000 a year. Depending on the size of mortgage payment and rental income, positive net cash flow can reach $4,000 to $11,000 in the first year alone. This projection does not even take into account the fact that the market value of a Gatlinburg cabin may appreciate over time. Many cabin owners have experienced appreciation of 7% to 14% a year!
In addition to being a fantastic investment opportunity, there are many advantages other of purchasing a Gatlinburg cabin. A Gatlinburg cabin makes a wonderfully relaxing second-home and convenient summer getaway. Many Gatlinburg cabins for sale are embedded in communities that boast features such as swimming pools, clubhouses, and central patios. Gatlinburg is extremely hospitable to pets as well as children of young families. There are several nearby attractions within a short drive, such as Dollywood, Ober Gatlinburg, and Ripley's Aquarium of the Smokies.
There are several Gatlinburg cabin associations and realtors online who can assist you directly with the buying process.
gatlinburg cabins info provides information on Gatlinburg cabins, Gatlinburg cabin rentals, properties for sale, weddings and related topics. Gatlinburg Cabins Info is the sister site of gatlinburg cabins info.
on demand house cleaning Glenview ..Considering a romantic or family Costa Rica vacation? You're choosing... Read More
Have you ever wanted to travel to far away places... Read More
Are you thinking of travelling Abroad?You will surely want to... Read More
Lodging Hotels in Davenport, FLThere are numerous choices for lodging... Read More
Seasoned travelers often tire of the standard routine of airplane,... Read More
When I was young, family vacations with my parents consisted... Read More
What is the meaning of a "dream vacation"? What is... Read More
The Amazonat Jungle Lodge is offering in addition to her... Read More
Sunscape The Beach Punta Cana is located on the north... Read More
When vacation time rolls around, some people choose to stay... Read More
Vacation Home Exchange V Renting Trade and save, or do... Read More
The county of Dorset on England's south coast is a... Read More
Before finding the answer to this dilemma, let's take an... Read More
The Algarve, and particularly the areas around Carvoeiro, Albufeira, Praia... Read More
Many vacationers on Hilton Head Island have discovered a simple... Read More
Are you thinking about a great place to go for... Read More
Scam artists pose as potential renters everyday on many different... Read More
Maui is one of the islands found in Hawaii. It... Read More
Timeshare presentations are tricky animals. They can either be an... Read More
As a family, we have been visiting Orlando since 1998,... Read More
Cozumel has something to suit the tastes and budgets of... Read More
For many decades Gatlinburg has been a favorite resort getaway... Read More
We are planning a family trip for just a few... Read More
You are the owner of a timeshare and have decided... Read More
The first words that come to mind when people think... Read More
house cleaning company Bannockburn ..Bahamas house rental or a hotel? Vacation rentals are becoming... Read More
This article is meant to be a guide for those... Read More
Surrounded by the romantic and beautiful Smoky Mountains, a Gatlinburg... Read More
Real estate in Gatlinburg is thriving. While the 2000 census... Read More
More often than not, a person will base his or... Read More
As beautiful and modern as Cozumel is, visitors must remember... Read More
Originally founded in the early 1800s as White Oaks, Gatlinburg... Read More
Hotels are a large component of Pigeon Forge lodging. As... Read More
Have you ever wanted to travel to far away places... Read More
There are a few patterns to consider when looking for... Read More
I have a 17-year-old daughter who is finishing up a... Read More
Within Volusia County, Florida, the small community of Ormond Beach... Read More
Lodging Hotels in Davenport, FLThere are numerous choices for lodging... Read More
Plan your next vacation where most people call paradise...the Bahamas... Read More
Traveling is a great way to escape the rat race... Read More
Making the decision to dive into the world of timeshares... Read More
South Lake Tahoe vacation rentals are particularly in demand with... Read More
Pigeon Forge is rapidly becoming one of the major tourist... Read More
The real secret to cheap family vacations is to be... Read More
Thailand is a popular golf paradise and home to many... Read More
Did you know there are no Smokey Mountain cabins for... Read More
Holiday time is around the corner and its time to... Read More
Going away on a vacation brings numerous benefits. It refreshes... Read More
Vancouver will receive a lot of attention as the 2010... Read More
I had always been told that if you wanted to... Read More
Vacation Rental |