214 Franciscan Trl
Redding, CA 96003
$520,000
4 bd · 3.5 ba · 2,951 sqft · Listed 1d ago
View on Realtor.com →Year built
2003
Sqft
2,951
Lot sqft
8,712
HOA / mo
$177
Furnished
No
List date
2026-10-14T21:24:14.000000Z
Revenue
Annual revenue
$47,522
ADR
$175
Occupancy
74%
Cleaning fees (12 mo)
$7,604
Confidence
Low (47.62), 11 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $41,623
Family Friendly close to I-5
House · 3 bd · 2 ba · sleeps 8 · 0.3 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $45,357ADR $170Occ ≈ 73%4.9★ (331)
Hawaiian Coffee Hale
Vacation home · 4 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $64,403ADR $300Occ ≈ 59%4.5★ (2)
Comfort 4 mins Bethel · 3B/2B · Laundry · BBQ ·Pet
House · 3 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $33,318ADR $131Occ ≈ 70%—
Delisted
Delightful Modern Home, Fireplace, Designers Touch
House · 3 bd · 2 ba · sleeps 6 · 0.4 mi
Revenue $41,623ADR $202Occ ≈ 56%4.9★ (94)
Delisted
Cozy 3-Bedroom Townhome - 30 Day
Apartment · 3 bd · 2.5 ba · sleeps 4 · 0.4 mi
Revenue $25,240ADR $94Occ ≈ 74%—
Delisted
Convenient 3-Bdrm Townhome 30Day
Apartment · 3 bd · 2.5 ba · sleeps 4 · 0.4 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $16,321ADR $63Occ ≈ 71%—
Private 4BR Retreat on Greenbelt • Near Bethel
House · 4 bd · 2 ba · sleeps 10 · 0.5 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $22,641ADR $212Occ ≈ 29%5★ (7)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
*New* Overflow 96 | Pool - Hot tub - Central! House
| 3 bd · 2 ba · sleeps 10 | $65,490 | $301 | 60% | 4.9★ (45) | 0.2 mi | AirbnbVrbo |
Family Friendly close to I-5 House
| 3 bd · 2 ba · sleeps 8 | $45,357 | $170 | 73% | 4.9★ (331) | 0.3 mi | Airbnb |
Hawaiian Coffee Hale Vacation home | 4 bd · 2 ba · sleeps 6 | $64,403 | $300 | 59% | 4.5★ (2) | 0.3 mi | Booking |
Comfort 4 mins Bethel · 3B/2B · Laundry · BBQ ·Pet House | 3 bd · 2 ba · sleeps 6 | $33,318 | $131 | 70% | — | 0.3 mi | Delisted |
Delightful Modern Home, Fireplace, Designers Touch House | 3 bd · 2 ba · sleeps 6 | $41,623 | $202 | 56% | 4.9★ (94) | 0.4 mi | Delisted |
Cozy 3-Bedroom Townhome - 30 Day Apartment | 3 bd · 2.5 ba · sleeps 4 | $25,240 | $94 | 74% | — | 0.4 mi | Delisted |
Chefs Kitchen, Game Room, Walk to Bethel, Fire Pit House
| 4 bd · 2 ba · sleeps 8 | $61,581 | $278 | 61% | 5★ (20) | 0.4 mi | AirbnbVrboBooking |
Convenient 3-Bdrm Townhome 30Day Apartment
| 3 bd · 2.5 ba · sleeps 4 | $16,321 | $63 | 71% | — | 0.4 mi | Airbnb |
Shasta View Home - Rest, Relax, Rejuvenate! House
| 4 bd · 3 ba · sleeps 8 | $84,029 | $432 | 53% | 5★ (258) | 0.5 mi | AirbnbVrbo |
Private 4BR Retreat on Greenbelt • Near Bethel House
| 4 bd · 2 ba · sleeps 10 | $22,641 | $212 | 29% | 5★ (7) | 0.5 mi | Airbnb |
Show 1 more
Peaceful Home on a Hill with Porch View
House · 3 bd · 2 ba · sleeps 7 · 0.6 mi
Revenue $17,689ADR $143Occ ≈ 34%4.8★ (11)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Peaceful Home on a Hill with Porch View House | 3 bd · 2 ba · sleeps 7 | $17,689 | $143 | 34% | 4.8★ (11) | 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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium
Est. revenue
$47,522
NOI
$19,130
Cash flow /mo
-$1,308
Cash needed
$173,800
Cash-on-cash
-9.0%
ROE (yr 1)
1.8%
Cap rate
3.7%
DSCR
0.55
Year-1 write-off
$119,611
Year-1 tax shield @ 32%
$38,275
Year-1 return on equity
- Cash flow (annual)-$15,701
- Principal paydown$3,162
- Appreciation at%$15,600
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)$9,504
- Platform fees (3% of revenue)$1,426
- Maintenance / capex (5% of revenue)$2,376
- Utilities & supplies$4,200
- HOA$2,124
- Property tax$6,500
- Insurance (STR-rated)$3,042
Cash needed to close
- Down payment (25%)$130,000
- Closing costs (4.0%)$20,800
- Furnishing (bought new)$23,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$38,275
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
$450,000
Short-life (5/15-yr)
$96,000 · 21%
Year-1 deduction
$120,000
Year-1 tax shield @ 32%
$38,000
Land 14% (county tax record, assessed value split) · building $353,000 over 39 years · new furniture $23,000
Based on: 2,951 sq ft, built 2003, 4 bd / 3.5 ba, unfurnished, listing features (deck, patio, flooring types).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $80,000 in year 1 (12% short-life, $25,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $6,900
Kitchen cabinetsdefault
$12,300 new × 40% good × 1.41 allocation
- $5,700
Kitchen countertopsdefault
$10,000 new × 40% good × 1.41 allocation
- $2,900
Decorative trimdefault
$5,200 new × 40% good × 1.41 allocation
- $300
Mirrorsdefault
$500 new × 40% good × 1.41 allocation
- $800
Shelvingdefault
$1,500 new × 40% good × 1.41 allocation
- $4,200
Window coverings (30)default
$7,500 new × 40% good × 1.41 allocation
- $7,200
Carpet, vinyl & laminate (67% of floors)listing
$12,700 new × 40% good × 1.41 allocation
- $7,300
Kitchen & laundry equipment plumbingdefault
$9,500 new × 54% good × 1.41 allocation
- $4,400
Kitchen, laundry & data equipment electricaldefault
$5,800 new × 54% good × 1.41 allocation
- $4,600
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 1.41 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $8,000
Paving: driveway & walks (paved)default
$11,300 new × 50% good × 1.41 allocation
- $7,700
Landscaping (typical)default
$10,800 new × 50% good × 1.41 allocation
- $9,400
Patioslisting
$13,300 new × 50% good × 1.41 allocation
- $23,400
Decks & porches (attached)listing
$33,200 new × 50% good × 1.41 allocation
- $3,500
Gazebo / pergolalisting
$5,000 new × 50% good × 1.41 allocation
- $279,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$320,500 new × 62% good × 1.41 allocation
- $25,400
Building plumbing & fixturesdefault
$33,300 new × 54% good × 1.41 allocation
- $26,500
Building electrical & lightingdefault
$34,700 new × 54% good × 1.41 allocation
- $18,800
HVACdefault
$33,200 new × 40% good × 1.41 allocation
- $3,600
Hardwood & tile floorsdefault
$6,300 new × 40% good × 1.41 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $67,300 | $52,000 | $400 | $119,600 |
| 2 | $0 | $0 | $9,100 | $9,100 |
| 3 | $0 | $0 | $9,100 | $9,100 |
| 4 | $0 | $0 | $9,100 | $9,100 |
| 5 | $0 | $0 | $9,100 | $9,100 |
| 6+ | $0 | $0 | $316,700 | $316,700 |
| Total | $67,300 | $52,000 | $353,400 | $472,600 |
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.