1318 Bonhurst Dr
Redding, CA 96003
$585,000
4 bd · 2 ba · 2,167 sqft · Listed 1d ago
View on Realtor.com →Year built
2007
Sqft
2,167
Lot sqft
10,019
HOA / mo
$0
Furnished
No
List date
2026-10-05T18:41:40.000000Z
Revenue
Annual revenue
$46,209
ADR
$213
Occupancy
59%
Cleaning fees (12 mo)
$7,750
Confidence
Low (7.02), 9 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $24,725
Prime Estate: 4BR Spacious Luxury & Forest Views
House · 4 bd · 2 ba · sleeps 8 · 0.5 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +3
Revenue $7,406ADR $211Occ ≈ 10%5★ (5)
Upscale Spacious Home Best Neighbhd 30 Day Minimum
House · 4 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $12,745ADR $133Occ ≈ 26%—
4BR Retreat - Pool & Sauna on site
House · 4 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $36,704ADR $652Occ ≈ 15%4.5★ (13)
Pool Hot Tub Fire Pit Pet Friendly BBQ 4BR
Vacation home · 4 bd · 2 ba · sleeps 8 · 0.6 mi
Revenue $6,713ADR $555Occ ≈ 3%—
Large Home / privacy/desirable neighborhood /Views
House · 4 bd · 2.5 ba · sleeps 9 · 0.7 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +2
Revenue $7,233ADR $183Occ ≈ 11%5★ (4)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Redding Home w/ Patio Near Fishing! House | 4 bd · 2 ba · sleeps 8 | $56,222 | $216 | 71% | 4.9★ (57) | 0.2 mi | AirbnbVrboBooking |
Ohana Landing : ! Heated Pool ! Waters\ide* Spa* House
| 4 bd · 2.5 ba · sleeps 10 | $79,972 | $497 | 44% | 4.9★ (131) | 0.2 mi | AirbnbVrbo |
The Refuge at Diamond Ridge | Pool and Spa House
| 4 bd · 2 ba · sleeps 10 | $42,303 | $493 | 24% | 4.9★ (22) | 0.4 mi | AirbnbVrbo |
Prime Estate: 4BR Spacious Luxury & Forest Views House
| 4 bd · 2 ba · sleeps 8 | $7,406 | $211 | 10% | 5★ (5) | 0.5 mi | Airbnb |
Upscale Spacious Home Best Neighbhd 30 Day Minimum House | 4 bd · 2 ba · sleeps 6 | $12,745 | $133 | 26% | — | 0.5 mi | Airbnb |
Family Escape | Dog Friendly + Hot Tub + Fire Pit House | 4 bd · 2 ba · sleeps 8 | $7,056 | $588 | 3% | 4.8★ (37) | 0.6 mi | AirbnbVrbo |
Sunny Pines | Pool & Spa+Central House
| 4 bd · 2 ba · sleeps 10 | $92,922 | $506 | 50% | 5★ (30) | 0.6 mi | AirbnbVrbo |
4BR Retreat - Pool & Sauna on site House | 4 bd · 2 ba · sleeps 6 | $36,704 | $652 | 15% | 4.5★ (13) | 0.6 mi | Airbnb |
Pool Hot Tub Fire Pit Pet Friendly BBQ 4BR Vacation home | 4 bd · 2 ba · sleeps 8 | $6,713 | $555 | 3% | — | 0.6 mi | Booking |
Large Home / privacy/desirable neighborhood /Views House
| 4 bd · 2.5 ba · sleeps 9 | $7,233 | $183 | 11% | 5★ (4) | 0.7 mi | Airbnb |
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
Est. revenue
$46,209
NOI
$19,213
Cash flow /mo
$1,601
Cash needed
$631,400
Cash-on-cash (all cash)
3.0%
ROE (yr 1)
5.8%
Cap rate
3.3%
DSCR
—
Year-1 write-off
$152,393
Year-1 tax shield @ 32%
$48,766
Year-1 return on equity
- Cash flow (annual)$19,213
- Principal paydown (n/a, cash)$0
- Appreciation at%$17,550
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)$9,242
- Platform fees (3% of revenue)$1,386
- Maintenance / capex (5% of revenue)$2,310
- Utilities & supplies$4,200
- HOA$0
- Property tax$7,313
- Insurance (STR-rated)$3,422
Cash needed to close
- Purchase price (all cash)$585,000
- Closing costs (4.0%)$23,400
- Furnishing (bought new)$23,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$48,766
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
$475,000
Short-life (5/15-yr)
$129,000 · 27%
Year-1 deduction
$152,000
Year-1 tax shield @ 32%
$49,000
Land 19% (county tax record, assessed value split) · building $346,000 over 39 years · new furniture $23,000
Based on: 2,167 sq ft, built 2007, 4 bd / 2 ba, unfurnished, listing features (pool, covered patio, fireplace, flooring types).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $134,000 in year 1 (23% short-life, $43,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $7,100
Kitchen cabinetsdefault
$10,600 new × 40% good × 1.68 allocation
- $5,800
Kitchen countertopsdefault
$8,600 new × 40% good × 1.68 allocation
- $2,500
Decorative trimdefault
$3,800 new × 40% good × 1.68 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.68 allocation
- $1,000
Shelvingdefault
$1,500 new × 40% good × 1.68 allocation
- $3,700
Window coverings (22)default
$5,500 new × 40% good × 1.68 allocation
- $2,300
Carpet, vinyl & laminate (25% of floors)listing
$3,500 new × 40% good × 1.68 allocation
- $8,500
Kitchen & laundry equipment plumbingdefault
$8,200 new × 62% good × 1.68 allocation
- $5,200
Kitchen, laundry & data equipment electricaldefault
$5,000 new × 62% good × 1.68 allocation
- $5,400
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 1.68 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $8,100
Paving: driveway & walks (paved)default
$9,700 new × 50% good × 1.68 allocation
- $7,800
Landscaping (typical)default
$9,300 new × 50% good × 1.68 allocation
- $15,000
Covered patiolisting
$17,900 new × 50% good × 1.68 allocation
- $1,800
Decks & porches (attached)default
$2,100 new × 50% good × 1.68 allocation
- $54,500
Pool (in-ground)listing
$65,000 new × 50% good × 1.68 allocation
- $269,500
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$235,000 new × 68% good × 1.68 allocation
- $25,400
Building plumbing & fixturesdefault
$24,400 new × 62% good × 1.68 allocation
- $25,700
Building electrical & lightingdefault
$24,700 new × 62% good × 1.68 allocation
- $16,400
HVACdefault
$24,400 new × 40% good × 1.68 allocation
- $7,000
Hardwood & tile floorsdefault
$10,500 new × 40% good × 1.68 allocation
- $1,800
Fireplacelisting
$2,600 new × 40% good × 1.68 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $64,800 | $87,200 | $400 | $152,400 |
| 2 | $0 | $0 | $8,900 | $8,900 |
| 3 | $0 | $0 | $8,900 | $8,900 |
| 4 | $0 | $0 | $8,900 | $8,900 |
| 5 | $0 | $0 | $8,900 | $8,900 |
| 6+ | $0 | $0 | $309,900 | $309,900 |
| Total | $64,800 | $87,200 | $345,800 | $497,800 |
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
Rules differ by jurisdiction. City of Redding caps whole-home vacation rentals at 400 with a 600 ft spacing rule (300 ft with a physical buffer), and its permit is NOT transferable to a new owner. Shasta Lake city and unincorporated Shasta County allow permitted rentals with no cap found, but permits also do not transfer on sale. Lodging tax ~10% plus a 2% tourism assessment in Redding. Verify parcel eligibility with the city or county before you buy.