856 Cardiff Ct

Redding, CA 96003

$469,888

3 bd · 3 ba · 1,642 sqft · Listed 1d ago

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Low confidence

Year built

1982

Sqft

1,642

Lot sqft

13,939

HOA / mo

Furnished

List date

2026-10-02T18:23:36.000000Z

Revenue

Annual revenue

$58,977

ADR

$172

Occupancy

94%

Cleaning fees (12 mo)

$12,649

Confidence

Low (—), 4 comps

Comp revenue range (p25 / median / p75)

$50,055$59,541$69,214

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

Median revenue of shown comps: $59,541

Panorama green belt view with hot tub & fireplace
House · 3 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $50,944ADR $227Occ ≈ 61%5★ (50)
Airbnb Vrbo
Relax & Refresh Family Pool House w/ BBQ
House · 4 bd · 2 ba · sleeps 10 · 0.2 mi
Revenue $68,137ADR $236Occ ≈ 79%5★ (280)
Airbnb Vrbo
*Modern Getaway* w/deck, near Bethel & I5, +extras
Townhouse · 2 bd · 2 ba · sleeps 12 · 0.3 mi
Revenue $47,386ADR $152Occ ≈ 85%4.9★ (548)
Airbnb
The ARK Villa | Mountain Views | Pool
Villa · 4 bd · 3 ba · sleeps 11 · 0.5 mi
Revenue $72,443ADR $447Occ ≈ 44%4.9★ (103)
Airbnb Vrbo

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Panorama green belt view with hot tub & fireplace House	3 bd · 2 ba · sleeps 6	$50,944	$227	61%	5★ (50)	0.1 mi	Airbnb Vrbo
Relax & Refresh Family Pool House w/ BBQ House	4 bd · 2 ba · sleeps 10	$68,137	$236	79%	5★ (280)	0.2 mi	Airbnb Vrbo
Modern Getaway w/deck, near Bethel & I5, +extras Townhouse	2 bd · 2 ba · sleeps 12	$47,386	$152	85%	4.9★ (548)	0.3 mi	Airbnb
The ARK Villa \| Mountain Views \| Pool Villa	4 bd · 3 ba · sleeps 11	$72,443	$447	44%	4.9★ (103)	0.5 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

$58,977

NOI

$30,346

Cash flow /mo

$2,529

Cash needed

$508,184

Cash-on-cash (all cash)

6.0%

ROE (yr 1)

8.7%

Cap rate

6.5%

DSCR

—

Year-1 write-off

$198,550

Year-1 tax shield @ 32%

$63,536

Year-1 return on equity

Cash flow (annual)$30,346
Principal paydown (n/a, cash)$0
Appreciation at%$14,097

ROE8.7%

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)$11,795
Platform fees (3% of revenue)$1,769
Maintenance / capex (5% of revenue)$2,949
Utilities & supplies$4,200
HOA$0
Property tax$5,874
Insurance (STR-rated)$2,749

Cash needed to close

Purchase price (all cash)$469,888
Closing costs (4.0%)$18,796
Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

Tax shield @ 32%$63,536

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

$392,000

Short-life (5/15-yr)

$179,000 · 46%

Year-1 deduction

$199,000

Year-1 tax shield @ 32%

$64,000

Land 17% (county tax record, assessed value split) · building $213,000 over 39 years · new furniture $20,000

Based on: 1,642 sq ft, built 1982, 3 bd / 3 ba, unfurnished, listing features (pool, deck, covered patio, fireplace, flooring types).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $158,000 in year 1 (35% short-life, $51,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$70,100

Kitchen cabinetsdefault
$9,400 new × 40% good × 2.26 allocation
$8,500
Kitchen countertopsdefault
$7,700 new × 40% good × 2.26 allocation
$6,900
Decorative trimdefault
$2,900 new × 40% good × 2.26 allocation
$2,600
Mirrorsdefault
$500 new × 40% good × 2.26 allocation
$400
Shelvingdefault
$1,200 new × 40% good × 2.26 allocation
$1,100
Window coverings (16)default
$4,000 new × 40% good × 2.26 allocation
$3,600
Carpet, vinyl & laminate (100% of floors)listing
$10,600 new × 40% good × 2.26 allocation
$9,500
Kitchen & laundry equipment plumbingdefault
$7,300 new × 40% good × 2.26 allocation
$6,600
Kitchen, laundry & data equipment electricaldefault
$4,400 new × 40% good × 2.26 allocation
$4,000
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.26 allocation
$7,300
Furniture bought newlisting
$19,500 new × 100% good · bought separately
$19,500

15-year land improvements$128,200

Paving: driveway & walks (paved)default
$8,400 new × 50% good × 2.26 allocation
$9,500
Landscaping (typical)default
$8,100 new × 50% good × 2.26 allocation
$9,100
Covered patiolisting
$13,500 new × 50% good × 2.26 allocation
$15,300
Decks & porches (attached)listing
$18,500 new × 50% good × 2.26 allocation
$20,900
Pool (in-ground)listing
$65,000 new × 50% good × 2.26 allocation
$73,400

Building, 39-year$212,800

Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$177,800 new × 40% good × 2.26 allocation
$160,600
Building plumbing & fixturesdefault
$18,500 new × 40% good × 2.26 allocation
$16,700
Building electrical & lightingdefault
$18,100 new × 40% good × 2.26 allocation
$16,300
HVACdefault
$18,500 new × 40% good × 2.26 allocation
$16,700
Fireplacelisting
$2,600 new × 40% good × 2.26 allocation
$2,400

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	$70,100	$128,200	$200	$198,600
2	$0	$0	$5,500	$5,500
3	$0	$0	$5,500	$5,500
4	$0	$0	$5,500	$5,500
5	$0	$0	$5,500	$5,500
6+	$0	$0	$190,700	$190,700
Total	$70,100	$128,200	$212,800	$411,100

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.