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Rate 7.99% = 7.24% Freddie Mac 30-yr avg (Oct 29) + 0.75% investor premium

1169 Mitchell Ln

1169 Mitchell Ln

Big Bear City, CA 92314

$629,000

4 bd · 2 ba · 2,004 sqft · Listed 1d ago

View on Realtor.com →
Negative cash flow

Year built

1982

Sqft

2,004

Lot sqft

10,001

HOA / mo

$0

Furnished

No

List date

2026-10-30T22:43:50.000000Z

Revenue

Annual revenue

$26,941

ADR

$237

Occupancy

31%

Cleaning fees (12 mo)

$5,195

Confidence

Low (43.34), 22 comps

Comp revenue range (p25 / median / p75)

$14,227$20,411$35,142

Few similar-size comps were found, so all comps are shown.

Median revenue of shown comps: $20,411

  • Cozy Fall Cabin-Hot Tub, Arcade, Play Room

    Cabin · 3 bd · 2 ba · sleeps 10 · 469 ft

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

    Revenue $44,109ADR $305Occ ≈ 40%4.8★ (88)

    AirbnbVrbo

  • StAr wArS exhibit Log Cabin, game room, hot tub

    Cabin · 3 bd · 1.5 ba · sleeps 10 · 0.1 mi

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

    Revenue $41,254ADR $321Occ ≈ 35%5★ (231)

    AirbnbVrbo

  • Beary Peaceful

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

    Revenue $41,220ADR $262Occ ≈ 43%—

    Booking

  • Beary Peaceful Ski & SPA Retreat, Ping Pong

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

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

    Revenue $43,148ADR $297Occ ≈ 40%4.8★ (79)

    Airbnb

  • Entire Home • 4 Beds • 3 Bedroom Big Bear

    House · 3 bd · 3 ba · sleeps 7 · 0.3 mi

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $21,251ADR $320Occ ≈ 18%5★ (137)

    Airbnb

  • Beach to Mountains Chalet

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi

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

    Revenue $15,670ADR $192Occ ≈ 22%5★ (14)

    AirbnbVrbo

  • Cedar Creek

    House · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $14,072ADR $230Occ ≈ 17%4.6★ (62)

    Delisted

  • Big Bear Getaway!

    Chalet · 3 bd · 2.5 ba · sleeps 8 · 0.4 mi

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

    Revenue $28,369ADR $192Occ ≈ 40%4.7★ (222)

    AirbnbVrbo

  • Hershey Bear Cabin:NEW! Igloo,Hot Tub,Dog Friendly

    Cabin · 3 bd · 1.5 ba · sleeps 6 · 0.5 mi

    Revenue $36,294ADR $418Occ ≈ 24%4.9★ (47)

    Delisted

  • Three Bears Big Bear Cabin

    Cabin · 4 bd · 3 ba · sleeps 8 · 0.5 mi

    Revenue $12,808ADR $230Occ ≈ 15%4.8★ (48)

    Delisted

Show 12 more
  • Starlight Hideaway: Big Bear Log Cabin w/ Hot tub!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.6 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $24,426ADR $336Occ ≈ 20%5★ (45)

    Airbnb

  • Lincoln Log Cabin | Renovated | Near Attractions

    House · 3 bd · 2 ba · sleeps 8 · 0.6 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer

    Revenue $15,635ADR $295Occ ≈ 15%4.5★ (9)

    AirbnbVrboBooking

  • Gorgeous Newly Remodeled Cabin Minutes from slopes

    House · 3 bd · 2 ba · sleeps 8 · 0.6 mi

    Revenue $14,690ADR $240Occ ≈ 17%5★ (35)

    Airbnb

  • The Bears Den Cabin 8 Mi to Snow Summit!

    Vacation home · 4 bd · 2 ba · sleeps 7 · 0.7 mi

    Revenue $18,976ADR $271Occ ≈ 19%—

    Booking

  • 'The Bear's Den' Cabin: 8 Mi to Snow Summit!

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.7 mi

    Revenue $19,570ADR $338Occ ≈ 16%4.2★ (55)

    Airbnb

  • Home w/ SPA, Fire Pit, Yard near Ski Resort & Lake

    Cabin · 3 bd · 1 ba · sleeps 6 · 0.7 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $31,687ADR $247Occ ≈ 35%4.9★ (109)

    Airbnb

  • A Frame Escape ! Fully fenced!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.7 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +3

    Revenue $21,642ADR $134Occ ≈ 44%4.5★ (165)

    AirbnbVrbo

  • Bluebird Haven

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.7 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +3

    Revenue $10,520ADR $272Occ ≈ 11%5★ (19)

    Airbnb

  • Cozy Cabin on Sixth - FREE EV Charging!

    Cabin · 3 bd · 1 ba · sleeps 8 · 0.7 mi

    Revenue $446ADR $223Occ ≈ 1%4.9★ (41)

    Airbnb

  • Peaceful, 3 BD Modern Cabin & Game Room

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $10,578ADR $264Occ ≈ 11%4.9★ (20)

    Booking

  • Surrounded by Fall Beauty • Hot Tub • EV • Hiking

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    • Hot tub
    • Wifi
    • Kitchen
    • Washer
    • +4

    Revenue $37,740ADR $279Occ ≈ 37%5★ (301)

    Airbnb

  • 3rd Night FREE Blue Snowflake Big Bear Mtn. Resort

    Cabin · 3 bd · 1.5 ba · sleeps 10 · 0.7 mi

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $3,876ADR $343Occ ≈ 3%5★ (1)

    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

Financing
Management
Term

Rate 7.99% = 7.24% Freddie Mac 30-yr avg (Oct 29) + 0.75% investor premium

Est. revenue

$26,941

NOI

$5,071

Cash flow /mo

-$3,036

Cash needed

$211,410

Cash-on-cash

-17.2%

ROE (yr 1)

-6.4%

Cap rate

0.8%

DSCR

0.12

Year-1 write-off

$188,129

Year-1 tax shield @ 32%

$60,201

Year-1 return on equity

  • Cash flow (annual)-$36,428
  • Principal paydown$3,949
  • Appreciation at%$18,870
ROE-6.4%

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)$5,388
  • Platform fees (3% of revenue)$808
  • Maintenance / capex (5% of revenue)$1,347
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$7,863
  • Insurance (STR-rated)$3,208

Cash needed to close

  • Down payment (25%)$157,250
  • Closing costs (4.0%)$25,160
  • Furnishing (bought new)$29,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$60,201

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

$503,000

Short-life (5/15-yr)

$159,000 · 32%

Year-1 deduction

$188,000

Year-1 tax shield @ 32%

$60,000

Land 20% (county tax record, assessed value split) · building $344,000 over 39 years · new furniture $29,000

Based on: 2,004 sq ft, built 1982, 4 bd / 2 ba, unfurnished, listing features (hot tub, deck, patio, fence, game room, fireplace, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $128,000 in year 1 (20% short-life, $41,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$99,400
  • Kitchen cabinetsdefault

    $10,200 new × 40% good × 2.91 allocation

    $11,900
  • Kitchen countertopsdefault

    $8,300 new × 40% good × 2.91 allocation

    $9,700
  • Decorative trimdefault

    $3,500 new × 40% good × 2.91 allocation

    $4,100
  • Mirrorsdefault

    $300 new × 40% good × 2.91 allocation

    $300
  • Shelvingdefault

    $1,500 new × 40% good × 2.91 allocation

    $1,700
  • Window coverings (20)default

    $5,000 new × 40% good × 2.91 allocation

    $5,800
  • Carpet, vinyl & laminate (33% of floors)listing

    $4,300 new × 40% good × 2.91 allocation

    $5,000
  • Kitchen & laundry equipment plumbingdefault

    $7,900 new × 40% good × 2.91 allocation

    $9,200
  • Kitchen, laundry & data equipment electricaldefault

    $4,800 new × 40% good × 2.91 allocation

    $5,600
  • Appliances (range, microwave, dishwasher, refrigerator)listing

    $5,700 new × 40% good × 2.91 allocation

    $6,600
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.91 allocation

    $10,500
  • Furniture bought newlisting

    $23,000 new × 100% good · bought separately

    $23,000
  • Game-room equipment bought newlisting

    $6,000 new × 100% good · bought separately

    $6,000
15-year land improvements$88,300
  • Paving: driveway & walks (paved)listing

    $9,300 new × 50% good × 2.91 allocation

    $13,500
  • Landscaping (typical)default

    $8,900 new × 50% good × 2.91 allocation

    $13,000
  • Patioslisting

    $9,000 new × 50% good × 2.91 allocation

    $13,100
  • Decks & porches (attached)listing

    $22,500 new × 50% good × 2.91 allocation

    $32,800
  • Fencinglisting

    $6,000 new × 50% good × 2.91 allocation

    $8,700
  • Gazebo / pergolalisting

    $5,000 new × 50% good × 2.91 allocation

    $7,300
Building, 39-year$344,400
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $217,200 new × 40% good × 2.91 allocation

    $252,500
  • Building plumbing & fixturesdefault

    $22,600 new × 40% good × 2.91 allocation

    $26,200
  • Building electrical & lightingdefault

    $22,700 new × 40% good × 2.91 allocation

    $26,400
  • HVACdefault

    $22,600 new × 40% good × 2.91 allocation

    $26,300
  • Hardwood & tile floorsdefault

    $8,600 new × 40% good × 2.91 allocation

    $10,000
  • Fireplacelisting

    $2,600 new × 40% good × 2.91 allocation

    $3,100

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$99,400$88,300$400$188,100
2$0$0$8,800$8,800
3$0$0$8,800$8,800
4$0$0$8,800$8,800
5$0$0$8,800$8,800
6+$0$0$308,700$308,700
Total$99,400$88,300$344,400$532,200

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.