1315 Hope Ln
Redding, CA 96003
$795,000
5 bd · 4 ba · 2,730 sqft · Listed today
View on Realtor.com →Year built
2003
Sqft
2,730
Lot sqft
40,511
HOA / mo
$0
Furnished
No
List date
2026-10-23T07:16:41.000000Z
Revenue
Annual revenue
$20,684
ADR
$166
Occupancy
34%
Cleaning fees (12 mo)
$1,744
Confidence
Low (18.81), 9 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $14,638
Hope Lane Hideaway
House · 6 bd · 3 ba · sleeps 10 · 0.2 mi
Revenue $17,820ADR $422Occ ≈ 12%4.8★ (15)
Delisted
Pool/HotYoga/Cold Plunge/Sauna
House · 4 bd · 2.5 ba · sleeps 12 · 0.3 mi
Revenue $25,702ADR $449Occ ≈ 16%5★ (2)
Delisted
Fairway House/The 5th hole hideaway+Game basement
House · 5 bd · 2 ba · sleeps 10 · 0.3 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $51,251ADR $474Occ ≈ 30%4.9★ (19)
Pool Hot Tub Fire Pit Pet Friendly BBQ 4BR
Vacation home · 4 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $6,713ADR $555Occ ≈ 3%—
Family Escape | Dog Friendly + Hot Tub + Fire Pit
House · 4 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $7,056ADR $588Occ ≈ 3%4.8★ (37)
4BR Retreat - Pool & Sauna on site
House · 4 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $36,704ADR $652Occ ≈ 15%4.5★ (13)
Delisted
Prime Estate: 4BR Spacious Luxury & Forest Views
House · 4 bd · 2 ba · sleeps 8 · 0.6 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +3
Revenue $7,406ADR $211Occ ≈ 10%5★ (5)
Modern Boho pond escape
House · 6 bd · 3 ba · sleeps 16 · 0.7 mi
Revenue $16,531ADR $736Occ ≈ 6%—
Delisted
Upscale Spacious Home Best Neighbhd 30 Day Minimum
House · 4 bd · 2 ba · sleeps 6 · 0.7 mi
Revenue $12,745ADR $133Occ ≈ 26%—
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Hope Lane Hideaway House | 6 bd · 3 ba · sleeps 10 | $17,820 | $422 | 12% | 4.8★ (15) | 0.2 mi | Delisted |
Pool/HotYoga/Cold Plunge/Sauna House | 4 bd · 2.5 ba · sleeps 12 | $25,702 | $449 | 16% | 5★ (2) | 0.3 mi | Delisted |
Fairway House/The 5th hole hideaway+Game basement House
| 5 bd · 2 ba · sleeps 10 | $51,251 | $474 | 30% | 4.9★ (19) | 0.3 mi | Airbnb |
Pool Hot Tub Fire Pit Pet Friendly BBQ 4BR Vacation home | 4 bd · 2 ba · sleeps 8 | $6,713 | $555 | 3% | — | 0.5 mi | Booking |
6b/3b home with Huge Lot, RV Parking! King Bed! House
| 6 bd · 3 ba · sleeps 10 | $4,900 | $189 | 7% | 5★ (2) | 0.5 mi | AirbnbVrbo |
Family Escape | Dog Friendly + Hot Tub + Fire Pit House | 4 bd · 2 ba · sleeps 8 | $7,056 | $588 | 3% | 4.8★ (37) | 0.5 mi | Airbnb |
4BR Retreat - Pool & Sauna on site House | 4 bd · 2 ba · sleeps 6 | $36,704 | $652 | 15% | 4.5★ (13) | 0.5 mi | Delisted |
Prime Estate: 4BR Spacious Luxury & Forest Views House
| 4 bd · 2 ba · sleeps 8 | $7,406 | $211 | 10% | 5★ (5) | 0.6 mi | Airbnb |
Modern Boho pond escape House | 6 bd · 3 ba · sleeps 16 | $16,531 | $736 | 6% | — | 0.7 mi | Delisted |
Upscale Spacious Home Best Neighbhd 30 Day Minimum House | 4 bd · 2 ba · sleeps 6 | $12,745 | $133 | 26% | — | 0.7 mi | Delisted |
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
Rate 8.07% = 7.32% Freddie Mac 30-yr avg (Oct 22) + 0.75% investor premium
Est. revenue
$20,684
NOI
-$2,703
Cash flow /mo
-$4,629
Cash needed
$257,050
Cash-on-cash
-21.6%
ROE (yr 1)
-10.4%
Cap rate
-0.3%
DSCR
-0.05
Year-1 write-off
$212,536
Year-1 tax shield @ 32%
$68,011
Year-1 return on equity
- Cash flow (annual)-$55,554
- Principal paydown$4,912
- Appreciation at%$23,850
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)$4,137
- Platform fees (3% of revenue)$621
- Maintenance / capex (5% of revenue)$1,034
- Utilities & supplies$4,200
- HOA$0
- Property tax$9,938
- Insurance (STR-rated)$4,651
Cash needed to close
- Down payment (25%)$198,750
- Closing costs (4.0%)$31,800
- Furnishing (bought new)$26,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$68,011
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
$682,000
Short-life (5/15-yr)
$186,000 · 27%
Year-1 deduction
$213,000
Year-1 tax shield @ 32%
$68,000
Land 14% (county tax record, assessed value split) · building $496,000 over 39 years · new furniture $27,000
Based on: 2,730 sq ft, built 2003, 5 bd / 4 ba, unfurnished, listing features (pool, covered patio, fireplace, stone counters, flooring types).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $183,000 in year 1 (23% short-life, $59,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $10,100
Kitchen cabinetsdefault
$11,800 new × 40% good × 2.14 allocation
- $10,300
Kitchen countertops (stone)listing
$12,100 new × 40% good × 2.14 allocation
- $4,100
Decorative trimdefault
$4,800 new × 40% good × 2.14 allocation
- $500
Mirrorsdefault
$600 new × 40% good × 2.14 allocation
- $1,500
Shelvingdefault
$1,800 new × 40% good × 2.14 allocation
- $5,800
Window coverings (27)default
$6,800 new × 40% good × 2.14 allocation
- $10,000
Carpet, vinyl & laminate (67% of floors)listing
$11,700 new × 40% good × 2.14 allocation
- $10,600
Kitchen & laundry equipment plumbingdefault
$9,200 new × 54% good × 2.14 allocation
- $6,400
Kitchen, laundry & data equipment electricaldefault
$5,500 new × 54% good × 2.14 allocation
- $6,900
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.14 allocation
- $26,500
Furniture bought newlisting
$26,500 new × 100% good · bought separately
- $11,600
Paving: driveway & walks (paved)default
$10,800 new × 50% good × 2.14 allocation
- $11,100
Landscaping (typical)default
$10,400 new × 50% good × 2.14 allocation
- $24,100
Covered patiolisting
$22,500 new × 50% good × 2.14 allocation
- $2,900
Decks & porches (attached)default
$2,700 new × 50% good × 2.14 allocation
- $69,500
Pool (in-ground)listing
$65,000 new × 50% good × 2.14 allocation
- $390,400
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$295,900 new × 62% good × 2.14 allocation
- $35,500
Building plumbing & fixturesdefault
$30,800 new × 54% good × 2.14 allocation
- $36,800
Building electrical & lightingdefault
$31,900 new × 54% good × 2.14 allocation
- $26,300
HVACdefault
$30,800 new × 40% good × 2.14 allocation
- $5,000
Hardwood & tile floorsdefault
$5,900 new × 40% good × 2.14 allocation
- $2,300
Fireplacelisting
$2,600 new × 40% good × 2.14 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $92,800 | $119,200 | $500 | $212,500 |
| 2 | $0 | $0 | $12,700 | $12,700 |
| 3 | $0 | $0 | $12,700 | $12,700 |
| 4 | $0 | $0 | $12,700 | $12,700 |
| 5 | $0 | $0 | $12,700 | $12,700 |
| 6+ | $0 | $0 | $444,900 | $444,900 |
| Total | $92,800 | $119,200 | $496,300 | $708,300 |
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.