2689 Shasta View Dr
Redding, CA 96002
$379,000
5 bd · 1.5 ba · 1,686 sqft · Listed today
View on Realtor.com →Year built
1975
Sqft
1,686
Lot sqft
8,276
HOA / mo
$0
Furnished
No
List date
2026-10-06T02:18:12.000000Z
Revenue
Annual revenue
$39,167
ADR
$192
Occupancy
56%
Cleaning fees (12 mo)
$6,319
Confidence
Low (17.81), 8 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $52,992
The sweetest escape with a pool
House · 4 bd · 2 ba · sleeps 8 · 1.3 mi
- Pool
- A/C
- Free parking
- Wifi
- +2
Revenue $46,779ADR $270Occ ≈ 47%4.8★ (53)
House of Providence - 2 Kg Beds-Sleeps 10
House · 4 bd · 2 ba · sleeps 10 · 2.1 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $32,397ADR $333Occ ≈ 27%4.8★ (51)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
❤️FULLY LOADED 2🔥 3BR 2 Bath SMARTHOME! 🏠 BY LAKE 🌊 House | 4 bd · 2 ba · sleeps 14 | $3,272 | $300 | 3% | 4.7★ (65) | 66 ft | AirbnbVrbo |
4bdr Pet Friendly + 3 Kings + EV + Trailer Parking House
| 4 bd · 2 ba · sleeps 8 | $59,204 | $283 | 57% | 5★ (67) | 180 ft | AirbnbVrbo |
Fenced Pool | 4BR King Bed Central Family Friendly House
| 4 bd · 2 ba · sleeps 8 | $70,498 | $266 | 73% | 4.8★ (100) | 0.9 mi | AirbnbVrboBooking |
Forest Hill Resort: Heated Pool +Billiards +Trails House
| 4 bd · 2 ba · sleeps 12 | $102,651 | $524 | 54% | 4.9★ (146) | 0.9 mi | AirbnbVrbo |
The W Resort Outdoor Kitchen Pool Hot Tub Oasis House
| 4 bd · 2.5 ba · sleeps 10 | $135,416 | $615 | 60% | 4.8★ (37) | 1.1 mi | AirbnbVrbo |
Sundial Bridge Stylish & Modern 4BR Home w Arcade! House
| 4 bd · 2 ba · sleeps 8 | $1,606 | $412 | 1% | 4.4★ (5) | 1.2 mi | AirbnbVrbo |
The sweetest escape with a pool House
| 4 bd · 2 ba · sleeps 8 | $46,779 | $270 | 47% | 4.8★ (53) | 1.3 mi | Airbnb |
House of Providence - 2 Kg Beds-Sleeps 10 House
| 4 bd · 2 ba · sleeps 10 | $32,397 | $333 | 27% | 4.8★ (51) | 2.1 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
$39,167
NOI
$17,614
Cash flow /mo
$1,468
Cash needed
$426,660
Cash-on-cash (all cash)
4.1%
ROE (yr 1)
6.8%
Cap rate
4.6%
DSCR
—
Year-1 write-off
$140,578
Year-1 tax shield @ 32%
$44,985
Year-1 return on equity
- Cash flow (annual)$17,614
- Principal paydown (n/a, cash)$0
- Appreciation at%$11,370
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)$7,833
- Platform fees (3% of revenue)$1,175
- Maintenance / capex (5% of revenue)$1,958
- Utilities & supplies$4,200
- HOA$0
- Property tax$4,738
- Insurance (STR-rated)$2,217
Cash needed to close
- Purchase price (all cash)$379,000
- Closing costs (4.0%)$15,160
- Furnishing (bought new)$32,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$44,985
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
$325,000
Short-life (5/15-yr)
$108,000 · 33%
Year-1 deduction
$141,000
Year-1 tax shield @ 32%
$45,000
Land 14% (county tax record, assessed value split) · building $217,000 over 39 years · new furniture $33,000
Based on: 1,686 sq ft, built 1975, 5 bd / 1.5 ba, unfurnished, listing features (deck, patio, fence, game room, flooring types).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $99,000 in year 1 (20% short-life, $32,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $8,600
Kitchen cabinetsdefault
$9,500 new × 40% good × 2.27 allocation
- $7,100
Kitchen countertopsdefault
$7,800 new × 40% good × 2.27 allocation
- $2,700
Decorative trimdefault
$3,000 new × 40% good × 2.27 allocation
- $100
Mirrorsdefault
$200 new × 40% good × 2.27 allocation
- $1,600
Shelvingdefault
$1,800 new × 40% good × 2.27 allocation
- $3,900
Window coverings (17)default
$4,300 new × 40% good × 2.27 allocation
- $9,900
Carpet, vinyl & laminate (100% of floors)listing
$10,900 new × 40% good × 2.27 allocation
- $6,700
Kitchen & laundry equipment plumbingdefault
$7,400 new × 40% good × 2.27 allocation
- $4,100
Kitchen, laundry & data equipment electricaldefault
$4,500 new × 40% good × 2.27 allocation
- $7,400
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.27 allocation
- $26,500
Furniture bought newlisting
$26,500 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $9,700
Paving: driveway & walks (paved)default
$8,500 new × 50% good × 2.27 allocation
- $9,300
Landscaping (typical)default
$8,200 new × 50% good × 2.27 allocation
- $8,600
Patioslisting
$7,600 new × 50% good × 2.27 allocation
- $21,500
Decks & porches (attached)listing
$19,000 new × 50% good × 2.27 allocation
- $6,800
Fencinglisting
$6,000 new × 50% good × 2.27 allocation
- $165,500
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$182,300 new × 40% good × 2.27 allocation
- $17,200
Building plumbing & fixturesdefault
$19,000 new × 40% good × 2.27 allocation
- $16,900
Building electrical & lightingdefault
$18,600 new × 40% good × 2.27 allocation
- $17,200
HVACdefault
$19,000 new × 40% good × 2.27 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $84,400 | $55,900 | $200 | $140,600 |
| 2 | $0 | $0 | $5,600 | $5,600 |
| 3 | $0 | $0 | $5,600 | $5,600 |
| 4 | $0 | $0 | $5,600 | $5,600 |
| 5 | $0 | $0 | $5,600 | $5,600 |
| 6+ | $0 | $0 | $194,400 | $194,400 |
| Total | $84,400 | $55,900 | $216,900 | $357,200 |
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
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.