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John Watson
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Monthly Utility Costs in Sevierville, TN

John Watson
Posted

Good afternoon from Germany! I'm looking for insight on the average monthly utility cost for water, sewage, electricity, internet, and anything else I may have forgotten for a 3 BR, 3.5 BA, with pool, in Sevierville. This is my first time trying to determine cash flow on a new construction cabin we are considering. Initial numbers are 21% CoC ROI. Is this good? I used Zillow for property tax and insurance and $80 per month for Internet and Cable TV. What am I missing for expenses if I am self-managing? Thanks.

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Ken Boone
  • Investor
  • Greenville, SC
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Ken Boone
  • Investor
  • Greenville, SC
Replied

With a pool cabin expect electric to be around $600/mo and Internet and cable is going to be more like $150.  Zillow is probably not recognizing the fact you have a pool for insurance purposes so expect 1600- 2k for ins.  

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