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Rate 7.86% = 7.11% Freddie Mac 30-yr avg (Nov 12) + 0.75% investor premium

41704 Park Ave

41704 Park Ave

Big Bear Lake, CA 92315

$699,000

3 bd · 2 ba · 1,599 sqft · Listed 58d ago

View on Realtor.com →
Negative cash flow

Year built

2002

Sqft

1,599

Lot sqft

9,631

HOA / mo

$0

Furnished

Yes

List date

2026-09-16T00:41:37.000000Z

Revenue

Annual revenue

$32,693

ADR

$331

Occupancy

27%

Cleaning fees (12 mo)

$6,071

Confidence

Low (41.77), 48 comps

Comp revenue range (p25 / median / p75)

$18,992$29,575$41,298

Median revenue of shown comps: $29,575

  • Alpine Retreat | Steam Sauna + Hot Tub & Games

    Cabin · 3 bd · 2 ba · sleeps 8 · 144 ft

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +5

    Revenue $36,120ADR $724Occ ≈ 14%4.3★ (24)

    AirbnbVrboBooking

  • All Season Alpine Retreat-1184 by Big Bear Vacations

    Vacation home · 3 bd · 2 ba · sleeps 8 · 157 ft

    Revenue $41,298ADR $744Occ ≈ 15%5★ (2)

    Booking

  • Central Big Bear Lake Retreat w/ Private Hot Tub!

    House · 3 bd · 2 ba · sleeps 7 · 240 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $29,568ADR $354Occ ≈ 23%4.8★ (45)

    AirbnbVrboBooking

  • Hot Tub & Fire Pit! Walk to LAKE & Slopes! THR

    Cabin · 3 bd · 2 ba · sleeps 7 · 259 ft

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $21,481ADR $474Occ ≈ 12%4.8★ (11)

    AirbnbVrboBooking

  • Mockingbird Mountain Getaway by Big Bear Vacations

    Vacation home · 3 bd · 2 ba · sleeps 6 · 341 ft

    Revenue $6,027ADR $155Occ ≈ 11%—

    Booking

  • Big BearLake Cabin - 1/2 Mile to Snow Summit

    Cabin · 3 bd · 2 ba · sleeps 9 · 377 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $18,137ADR $546Occ ≈ 9%5★ (78)

    AirbnbVrbo

  • Hot tub, Tesla charger, pets allowed! Plus arcade!

    House · 3 bd · 2.5 ba · sleeps 10 · 476 ft

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +5

    Revenue $26,051ADR $530Occ ≈ 13%4.9★ (32)

    Airbnb

  • Cozy Big Bear Lake family cottage, at the foot of Ski Summit!

    House · 3 bd · 2 ba · sleeps 6 · 499 ft

    Revenue $6,248ADR $412Occ ≈ 4%5★ (44)

    Delisted

  • Ski/Resort<3 Miles | Hot Tub | Arcade | Pets | BBQ

    Cabin · 3 bd · 2.5 ba · sleeps 7 · 0.1 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $33,022ADR $313Occ ≈ 29%4.9★ (88)

    AirbnbVrbo

  • Hot Tub Cabin • 5 Min to Snow Summit • Fenced Yard

    House · 3 bd · 2 ba · sleeps 8 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $42,601ADR $383Occ ≈ 30%5★ (14)

    AirbnbVrboBooking

Show 37 more
  • Skiers Crest + EV Charger + A/C + Hot Tub

    Cabin · 3 bd · 1.5 ba · sleeps 8 · 0.1 mi

    Revenue $35,686ADR $312Occ ≈ 31%5★ (14)

    Airbnb

  • Hot Tub Cabin Walking Distance To The lake!

    House · 3 bd · 2 ba · sleeps 9 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $20,097ADR $321Occ ≈ 17%—

    AirbnbVrboBooking

  • Walk to Lake|Spacious|Game Room|Playground|EV

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.1 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +5

    Revenue $57,396ADR $403Occ ≈ 39%5★ (38)

    AirbnbVrbo

  • Near Slopes&Village Hot Tub ,Game Room Fenced Yard

    House · 3 bd · 2 ba · sleeps 7 · 0.1 mi

    Revenue $50,892ADR $303Occ ≈ 46%4.9★ (159)

    Airbnb

  • Central AC • Hot Tub • Game Room • Near Lake

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $32,319ADR $280Occ ≈ 32%5★ (14)

    AirbnbVrbo

  • Centrally Located large 3 Bedrm/Available EV Charg

    House · 3 bd · 2.5 ba · sleeps 10 · 0.1 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +2

    Revenue $30,921ADR $426Occ ≈ 20%4.9★ (57)

    AirbnbVrboBooking

  • Summit Creek Pines

    Vacation home · 3 bd · 3 ba · sleeps 6 · 0.1 mi

    Revenue $6,783ADR $2,525Occ ≈ 1%5★ (1)

    Booking

  • Bear Paws Cabin - Large Property - Family Friendly

    House · 3 bd · 2 ba · sleeps 8 · 0.1 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +1

    Revenue $38,521ADR $314Occ ≈ 34%5★ (80)

    Airbnb

  • Whispering Cottage: Pet Friendly!Fully Fenced!

    House · 3 bd · 2 ba · sleeps 7 · 0.1 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +1

    Revenue $7,180ADR $297Occ ≈ 7%4.5★ (30)

    AirbnbVrbo

  • Next to Summit: Hot tub, Fenced Yard, A/C, Tesla

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +6

    Revenue $32,042ADR $516Occ ≈ 17%4.9★ (71)

    Airbnb

  • Fenced Yard/Walk to lake, 3/4 mile to SKI, Dogs OK

    Cabin · 3 bd · 2 ba · sleeps 9 · 0.2 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $14,149ADR $388Occ ≈ 10%4.3★ (41)

    AirbnbVrboBooking

  • Tanager Cabin | Hot Tub · Pet Friendly

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $45,113ADR $447Occ ≈ 28%4.5★ (31)

    AirbnbBooking

  • Walking to Lake + Slope • Charming Big Bear Cabin

    House · 3 bd · 2.5 ba · sleeps 6 · 0.2 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $4,891ADR $271Occ ≈ 5%—

    Airbnb

  • Gem of the Lake: Near The Village! Pet Friendly!

    House · 3 bd · 3 ba · sleeps 10 · 0.2 mi

    Revenue $62,068ADR $343Occ ≈ 50%4.9★ (66)

    Airbnb

  • Eagle Point Retreat: Short Walk to Meadow Park

    House · 3 bd · 2.5 ba · sleeps 8 · 0.2 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $29,575ADR $237Occ ≈ 34%4.8★ (60)

    AirbnbVrbo

  • Mockingbird Retreat-5mins to Village| HUGE Yard!

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.2 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $50,333ADR $389Occ ≈ 35%4.8★ (100)

    Airbnb

  • Buttercup at Snow Summit - Relaxing Resort Haus

    Condominium (condo) · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +2

    Revenue $10,619ADR $442Occ ≈ 7%4.8★ (5)

    AirbnbVrboBooking

  • Buttercup #2508

    Vacation home · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $10,188ADR $509Occ ≈ 5%—

    Booking

  • Central Big Bear Home • Hot Tub + Outdoor Firepit

    House · 3 bd · 3 ba · sleeps 7 · 0.2 mi

    Revenue $10,386ADR $410Occ ≈ 7%5★ (74)

    Airbnb

  • Brownie's Den- Modern Cozy Central Resort Condo

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $24,022ADR $369Occ ≈ 18%—

    Booking

  • Spa/Game Room/Fenced/Walk to Lake, 3/4 mile to SKI

    House · 3 bd · 2 ba · sleeps 9 · 0.2 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +5

    Revenue $12,843ADR $580Occ ≈ 6%4.7★ (37)

    AirbnbVrboBooking

  • Pet Friendly! Close to Snow Summit,Lake & Village!

    House · 3 bd · 2 ba · sleeps 9 · 0.2 mi

    • Pets OK
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $38,010ADR $311Occ ≈ 33%4.8★ (26)

    AirbnbVrbo

  • Divine Chateau at Big Bear- Modern Cabin w/Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $79,098ADR $671Occ ≈ 32%4.7★ (14)

    AirbnbVrboBooking

  • Brownie Retreat | Walk to Summit Ski Resort

    Cabin · 3 bd · 2.5 ba · sleeps 7 · 0.2 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +2

    Revenue $18,992ADR $511Occ ≈ 10%1★ (1)

    AirbnbVrbo

  • Brownie Resort | Your Walk-to-Summit Ski Resort

    Cabin · 3 bd · 3 ba · sleeps 7 · 0.2 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +2

    Revenue $19,514ADR $662Occ ≈ 8%5★ (1)

    AirbnbVrboBooking

  • Walk to Snow Summit - Brownie B

    House · 3 bd · 2.5 ba · sleeps 6 · 0.2 mi

    Revenue $25,262ADR $196Occ ≈ 35%4.8★ (31)

    AirbnbBooking

  • Walk to Snow Summit - Brownie A

    House · 3 bd · 2.5 ba · sleeps 6 · 0.2 mi

    Revenue $29,462ADR $134Occ ≈ 60%4.6★ (29)

    AirbnbBooking

  • Brownie Retreat #2619

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $1,641ADR $536Occ ≈ 1%—

    Booking

  • Brownie Resort Your Walk-to-Summit Getaway Family's Snowboarders Skiers

    Vacation home · 3 bd · 3 ba · sleeps 7 · 0.2 mi

    Revenue $37,087ADR $515Occ ≈ 20%—

    Booking

  • Brownie Retreat Walk-to-Summit Mountain Getaway for Snowboarders & Skiers

    Vacation home · 3 bd · 3 ba · sleeps 7 · 0.2 mi

    Revenue $38,213ADR $483Occ ≈ 22%0.5★ (1)

    Booking

  • Modern Chalet Jetted Spa. Close to Slopes and Lake

    House · 3 bd · 2 ba · sleeps 10 · 0.2 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $58,900ADR $487Occ ≈ 33%4.9★ (257)

    AirbnbVrbo

  • "Can't Bear to Leave" | Wood Fireplace + Spa Tub

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.2 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +4

    Revenue $38,070ADR $609Occ ≈ 17%4.5★ (30)

    AirbnbVrboBooking

  • Majestic Sky Basecamp Ski Haus Retreat- Spa- Games

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $54,478ADR $586Occ ≈ 25%4.7★ (33)

    AirbnbVrboBooking

  • Can't Bear to Leave-1156 by Big Bear Vacations

    Vacation home · 3 bd · 2 ba · sleeps 7 · 0.2 mi

    Revenue $51,451ADR $849Occ ≈ 17%—

    Booking

  • Divine Chateau Big Bear | Hot Tub • Deck Views • Basketball Court • Fenced Yard

    Vacation home · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $65,763ADR $924Occ ≈ 19%—

    Booking

  • Walk to Snow Summit + game room, fire pit & spa!

    House · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $27,416ADR $549Occ ≈ 14%5★ (55)

    Airbnb

  • Casa Makim-Walk to Slopes, Hot Tub, Fireplace, Jet Tub, BBQ

    Vacation home · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $20,661ADR $305Occ ≈ 19%—

    Booking

Revenue and nightly rate (ADR) are trailing-12-month figures per listing. Occupancy is estimated as revenue ÷ ADR ÷ 365 and can read high when revenue includes cleaning fees.

Cash flow calculator

Financing
Management
Term

Rate 7.86% = 7.11% Freddie Mac 30-yr avg (Nov 12) + 0.75% investor premium

Est. revenue

$32,693

NOI

$8,085

Cash flow /mo

-$3,122

Cash needed

$202,710

Cash-on-cash

-18.5%

ROE (yr 1)

-5.9%

Cap rate

1.2%

DSCR

0.18

Year-1 write-off

$137,768

Year-1 tax shield @ 32%

$44,086

Year-1 return on equity

  • Cash flow (annual)-$37,464
  • Principal paydown$4,502
  • Appreciation at%$20,970
ROE-5.9%

Tax savings aren't counted. Turn on “Count tax savings in returns” above if you can use the losses.

Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$6,539
  • Platform fees (3% of revenue)$981
  • Maintenance / capex (5% of revenue)$1,635
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$8,738
  • Insurance (STR-rated)$3,565

Cash needed to close

  • Down payment (25%)$174,750
  • Closing costs (4.0%)$27,960
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$44,086

Property tax, insurance rate and the land/building split come from this listing's county tax record; other assumptions match the daily feed (see tasks/plan.md).

The write-off comes from the cost segregation estimate below. Not tax advice.

Cost segregation estimate

An estimate from the listing: every part of the home is priced from national construction costs, less wear for age, and the price (less land) is spread over the parts in proportion. The headline is what a typical cost seg study would claim for this property. The answers below are optional refinements.

Depreciable basis

$561,000

Short-life (5/15-yr)

$136,000 · 24%

Year-1 deduction

$138,000

Year-1 tax shield @ 32%

$44,000

Land 20% (county tax record, assessed value split) · building $424,000 over 39 years

Based on: 1,599 sq ft, built 2002, 3 bd / 2 ba, furnished, listing features (hot tub, fence, fireplace, stone counters, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $105,000 in year 1 (19% short-life, $34,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$95,100
  • Kitchen cabinetsdefault

    $9,300 new × 40% good × 3.25 allocation

    $12,100
  • Kitchen countertops (stone)listing

    $9,500 new × 40% good × 3.25 allocation

    $12,400
  • Decorative trimdefault

    $2,800 new × 40% good × 3.25 allocation

    $3,600
  • Mirrorsdefault

    $300 new × 40% good × 3.25 allocation

    $400
  • Shelvingdefault

    $1,200 new × 40% good × 3.25 allocation

    $1,600
  • Window coverings (16)default

    $4,000 new × 40% good × 3.25 allocation

    $5,200
  • Carpet, vinyl & laminate (100% of floors)listing

    $10,300 new × 40% good × 3.25 allocation

    $13,400
  • Kitchen & laundry equipment plumbingdefault

    $7,200 new × 52% good × 3.25 allocation

    $12,200
  • Kitchen, laundry & data equipment electricaldefault

    $4,400 new × 52% good × 3.25 allocation

    $7,400
  • Appliances (range, microwave, dishwasher, refrigerator)listing

    $5,700 new × 40% good × 3.25 allocation

    $7,400
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 3.25 allocation

    $11,700
  • Furniture conveyed with the sale (used)listing

    $19,500 new × 40% good · out of the price

    $7,800
15-year land improvements$41,300
  • Paving: driveway & walks (paved)default

    $8,300 new × 50% good × 3.25 allocation

    $13,500
  • Landscaping (typical)default

    $8,000 new × 50% good × 3.25 allocation

    $13,000
  • Patiosdefault

    $1,600 new × 50% good × 3.25 allocation

    $2,600
  • Decks & porches (attached)default

    $1,600 new × 50% good × 3.25 allocation

    $2,600
  • Fencinglisting

    $6,000 new × 50% good × 3.25 allocation

    $9,700
Building, 39-year$424,400
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $173,200 new × 60% good × 3.25 allocation

    $337,600
  • Building plumbing & fixturesdefault

    $18,000 new × 52% good × 3.25 allocation

    $30,300
  • Building electrical & lightingdefault

    $17,500 new × 52% good × 3.25 allocation

    $29,600
  • HVACdefault

    $18,000 new × 40% good × 3.25 allocation

    $23,400
  • Fireplacelisting

    $2,600 new × 40% good × 3.25 allocation

    $3,400

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$95,100$41,300$1,400$137,800
2$0$0$10,900$10,900
3$0$0$10,900$10,900
4$0$0$10,900$10,900
5$0$0$10,900$10,900
6+$0$0$379,500$379,500
Total$95,100$41,300$424,400$560,800

The building's share of the price ($553,000) is 3.2x our depreciated replacement cost of the home ($170,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.

Model-based estimate, not an engineered cost segregation study. The IRS doesn’t approve studies; get a professional study before filing. Using these losses against W-2 income needs the short-term rental exception (average stay ≤7 days + material participation). The 39-year building life applies because stays average under 30 days, a separate test (27.5 years for a long-term rental). Federal only: California, Georgia and Wisconsin disallow bonus depreciation, Ohio adds back 5/6 of it, and Tennessee has no personal income tax. Not tax advice.

Market note

Big Bear Lake (city) and unincorporated county areas both allow permitted short-term rentals, and we found no numeric permit cap in either. Permits/licenses generally do NOT transfer on sale — a buyer must apply for their own, so confirm permit status with the city or San Bernardino County before closing. City: vacation rental license, up to 3 per owner. County: 1 permit per parcel under 2 acres, 2 max per owner. Lodging tax ~13% in the city, ~7% county. Rules change; verify before you buy.