3599 Foothill Blvd
Redding, CA 96001
$515,000
3 bd · 2 ba · 1,858 sqft · Listed 1d ago
View on Realtor.com →Year built
2008
Sqft
1,858
Lot sqft
11,761
HOA / mo
$0
Furnished
No
List date
2026-10-02T17:27:06.000000Z
Revenue
Annual revenue
$45,199
ADR
$204
Occupancy
61%
Cleaning fees (12 mo)
$5,721
Confidence
Low (30.99), 5 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $36,398
Royal Oaks Cottage w/ direct park access
House · 3 bd · 2 ba · sleeps 7 · 0.4 mi
Revenue $36,398ADR $159Occ ≈ 63%4.9★ (179)
Havilah-Midcentury Modern 3/3 home
House · 3 bd · 3 ba · sleeps 7 · 0.5 mi
Revenue $31,363ADR $100Occ ≈ 86%4.5★ (8)
Dragonfly Retreat
House · 3 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $3,047ADR $258Occ ≈ 3%4.5★ (2)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
{The Cessna Lookout} +Pool +Hot Tub +EV Charger House | 3 bd · 2.5 ba · sleeps 6 | $76,422 | $311 | 67% | 5★ (184) | 0.3 mi | AirbnbVrbo |
Royal Oaks Cottage w/ direct park access House | 3 bd · 2 ba · sleeps 7 | $36,398 | $159 | 63% | 4.9★ (179) | 0.4 mi | Airbnb |
Westside Charmer Near Trails House | 3 bd · 2 ba · sleeps 6 | $43,636 | $253 | 47% | 4.8★ (28) | 0.5 mi | AirbnbVrbo |
Havilah-Midcentury Modern 3/3 home House | 3 bd · 3 ba · sleeps 7 | $31,363 | $100 | 86% | 4.5★ (8) | 0.5 mi | Airbnb |
Dragonfly Retreat House | 3 bd · 2 ba · sleeps 6 | $3,047 | $258 | 3% | 4.5★ (2) | 0.6 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
Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium
Est. revenue
$45,199
NOI
$19,666
Cash flow /mo
-$1,203
Cash needed
$168,850
Cash-on-cash
-8.6%
ROE (yr 1)
2.5%
Cap rate
3.8%
DSCR
0.58
Year-1 write-off
$93,344
Year-1 tax shield @ 32%
$29,870
Year-1 return on equity
- Cash flow (annual)-$14,441
- Principal paydown$3,207
- Appreciation at%$15,450
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)$9,040
- Platform fees (3% of revenue)$1,356
- Maintenance / capex (5% of revenue)$2,260
- Utilities & supplies$4,200
- HOA$0
- Property tax$6,438
- Insurance (STR-rated)$3,013
Cash needed to close
- Down payment (25%)$128,750
- Closing costs (4.0%)$20,600
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$29,870
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
$410,000
Short-life (5/15-yr)
$73,000 · 18%
Year-1 deduction
$93,000
Year-1 tax shield @ 32%
$30,000
Land 20% (county tax record, assessed value split) · building $337,000 over 39 years · new furniture $20,000
Based on: 1,858 sq ft, built 2008, 3 bd / 2 ba, unfurnished, listing features (patio, fireplace, stone counters, flooring types).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $73,000 in year 1 (13% short-life, $23,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $7,400
Kitchen cabinetsdefault
$9,900 new × 40% good × 1.88 allocation
- $7,600
Kitchen countertops (stone)listing
$10,100 new × 40% good × 1.88 allocation
- $2,400
Decorative trimdefault
$3,300 new × 40% good × 1.88 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.88 allocation
- $900
Shelvingdefault
$1,200 new × 40% good × 1.88 allocation
- $3,600
Window coverings (19)default
$4,800 new × 40% good × 1.88 allocation
- $4,500
Carpet, vinyl & laminate (50% of floors)listing
$6,000 new × 40% good × 1.88 allocation
- $9,200
Kitchen & laundry equipment plumbingdefault
$7,700 new × 64% good × 1.88 allocation
- $5,600
Kitchen, laundry & data equipment electricaldefault
$4,600 new × 64% good × 1.88 allocation
- $6,100
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 1.88 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $8,400
Paving: driveway & walks (paved)default
$8,900 new × 50% good × 1.88 allocation
- $8,100
Landscaping (typical)default
$8,600 new × 50% good × 1.88 allocation
- $7,800
Patioslisting
$8,400 new × 50% good × 1.88 allocation
- $1,700
Decks & porches (attached)default
$1,800 new × 50% good × 1.88 allocation
- $264,600
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$201,500 new × 70% good × 1.88 allocation
- $25,100
Building plumbing & fixturesdefault
$20,900 new × 64% good × 1.88 allocation
- $25,000
Building electrical & lightingdefault
$20,800 new × 64% good × 1.88 allocation
- $15,700
HVACdefault
$20,900 new × 40% good × 1.88 allocation
- $4,500
Hardwood & tile floorsdefault
$6,000 new × 40% good × 1.88 allocation
- $2,000
Fireplacelisting
$2,600 new × 40% good × 1.88 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $67,000 | $26,000 | $400 | $93,300 |
| 2 | $0 | $0 | $8,600 | $8,600 |
| 3 | $0 | $0 | $8,600 | $8,600 |
| 4 | $0 | $0 | $8,600 | $8,600 |
| 5 | $0 | $0 | $8,600 | $8,600 |
| 6+ | $0 | $0 | $302,000 | $302,000 |
| Total | $67,000 | $26,000 | $336,900 | $429,900 |
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.