3620 Altura Ave

Redding, CA 96001

$345,000

3 bd · 2 ba · 1,577 sqft · Listed 7d ago

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Low confidence

Year built

1955

Sqft

1,577

Lot sqft

12,632

HOA / mo

Furnished

List date

2026-11-05T02:04:19.000000Z

Revenue

Annual revenue

$47,264

ADR

$203

Occupancy

64%

Cleaning fees (12 mo)

$5,534

Confidence

Med (56.37), 5 comps

Comp revenue range (p25 / median / p75)

$35,250$47,843$77,510

Median revenue of shown comps: $47,843

Royal Oaks Cottage w/ direct park access
House · 3 bd · 2 ba · sleeps 7 · 197 ft
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $35,250ADR $147Occ ≈ 66%4.9★ (179)
Airbnb
Westside Charmer Near Trails
House · 3 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $47,843ADR $253Occ ≈ 52%4.8★ (28)
Airbnb
Havilah-Midcentury Modern 3/3 home
House · 3 bd · 3 ba · sleeps 7 · 0.5 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +3
Revenue $30,383ADR $99Occ ≈ 84%4.5★ (8)
Airbnb
Relaxing Pool | Heated Spa | EV charger
House · 3 bd · 2 ba · sleeps 6 · 0.6 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $81,672ADR $334Occ ≈ 67%5★ (87)
Airbnb Vrbo Booking
{The Cessna Lookout} +Pool +Hot Tub +EV Charger
House · 3 bd · 2.5 ba · sleeps 6 · 0.7 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $77,510ADR $310Occ ≈ 69%5★ (187)
Airbnb Vrbo

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Royal Oaks Cottage w/ direct park access House A/C Free parking Wifi Kitchen +1	3 bd · 2 ba · sleeps 7	$35,250	$147	66%	4.9★ (179)	197 ft	Airbnb
Westside Charmer Near Trails House	3 bd · 2 ba · sleeps 6	$47,843	$253	52%	4.8★ (28)	0.3 mi	Airbnb
Havilah-Midcentury Modern 3/3 home House A/C Free parking Wifi Kitchen +3	3 bd · 3 ba · sleeps 7	$30,383	$99	84%	4.5★ (8)	0.5 mi	Airbnb
Relaxing Pool \| Heated Spa \| EV charger House Hot tub Pool A/C Free parking +6	3 bd · 2 ba · sleeps 6	$81,672	$334	67%	5★ (87)	0.6 mi	Airbnb Vrbo Booking
{The Cessna Lookout} +Pool +Hot Tub +EV Charger House Hot tub Pool A/C Free parking +6	3 bd · 2.5 ba · sleeps 6	$77,510	$310	69%	5★ (187)	0.7 mi	Airbnb Vrbo

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

Purchase priceAlready furnishedTax bracketCount tax savings in returnsOnly if you can use the losses (STR loophole)

Est. revenue

$47,264

NOI

$24,017

Cash flow /mo

$2,001

Cash needed

$384,300

Cash-on-cash (all cash)

6.2%

ROE (yr 1)

8.9%

Cap rate

7.0%

DSCR

—

Year-1 write-off

$105,273

Year-1 tax shield @ 32%

$33,687

Year-1 return on equity

Cash flow (annual)$24,017
Principal paydown (n/a, cash)$0
Appreciation at%$10,350

ROE8.9%

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)$9,453
Platform fees (3% of revenue)$1,418
Maintenance / capex (5% of revenue)$2,363
Utilities & supplies$4,200
HOA$0
Property tax$4,313
Insurance (STR-rated)$2,018

Cash needed to close

Purchase price (all cash)$345,000
Closing costs (4.0%)$13,800
Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

Tax shield @ 32%$33,687

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

$261,000

Short-life (5/15-yr)

$80,000 · 30%

Year-1 deduction

$105,000

Year-1 tax shield @ 32%

$34,000

Land 24% (county tax record, assessed value split) · building $181,000 over 39 years · new furniture $26,000

Based on: 1,577 sq ft, built 1955, 3 bd / 2 ba, unfurnished, listing features (deck, game room, fireplace, flooring types).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $71,000 in year 1 (17% short-life, $23,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$69,500

Kitchen cabinetsdefault
$9,300 new × 40% good × 2.01 allocation
$7,400
Kitchen countertopsdefault
$7,600 new × 40% good × 2.01 allocation
$6,100
Decorative trimdefault
$2,800 new × 40% good × 2.01 allocation
$2,200
Mirrorsdefault
$300 new × 40% good × 2.01 allocation
$200
Shelvingdefault
$1,200 new × 40% good × 2.01 allocation
$1,000
Window coverings (16)default
$4,000 new × 40% good × 2.01 allocation
$3,200
Carpet, vinyl & laminate (100% of floors)listing
$10,100 new × 40% good × 2.01 allocation
$8,100
Kitchen & laundry equipment plumbingdefault
$7,200 new × 40% good × 2.01 allocation
$5,800
Kitchen, laundry & data equipment electricaldefault
$4,400 new × 40% good × 2.01 allocation
$3,500
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.01 allocation
$6,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
$19,500
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
$6,000

15-year land improvements$35,500

Paving: driveway & walks (paved)default
$8,200 new × 50% good × 2.01 allocation
$8,300
Landscaping (typical)default
$7,900 new × 50% good × 2.01 allocation
$7,900
Patiosdefault
$1,600 new × 50% good × 2.01 allocation
$1,600
Decks & porches (attached)listing
$17,700 new × 50% good × 2.01 allocation
$17,800

Building, 39-year$181,400

Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$170,800 new × 40% good × 2.01 allocation
$137,000
Building plumbing & fixturesdefault
$17,700 new × 40% good × 2.01 allocation
$14,200
Building electrical & lightingdefault
$17,300 new × 40% good × 2.01 allocation
$13,800
HVACdefault
$17,800 new × 40% good × 2.01 allocation
$14,300
Fireplacelisting
$2,600 new × 40% good × 2.01 allocation
$2,100

About the property

Sold furnishedGame roomHot tubPoolDeckDrivewayLandscapingFencedIrrigationLong-term rental (27.5-yr)Carpet / vinyl / laminate %Placed in serviceClosing costs $ (adds to basis)Land %Bonus depreciation %

Depreciation schedule: typical cost seg study

Year	5-yr	15-yr	Building	Total
1	$69,500	$35,500	$200	$105,300
2	$0	$0	$4,700	$4,700
3	$0	$0	$4,700	$4,700
4	$0	$0	$4,700	$4,700
5	$0	$0	$4,700	$4,700
6+	$0	$0	$162,600	$162,600
Total	$69,500	$35,500	$181,400	$286,500

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.