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214 Franciscan Trl

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)

$23,941$41,623$62,992

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

Median revenue of shown comps: $41,623

  • *New* Overflow 96 | Pool - Hot tub - Central!

    House · 3 bd · 2 ba · sleeps 10 · 0.2 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +3

    Revenue $65,490ADR $301Occ ≈ 60%4.9★ (45)

    AirbnbVrbo

  • 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)

    Airbnb

  • Hawaiian Coffee Hale

    Vacation home · 4 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $64,403ADR $300Occ ≈ 59%4.5★ (2)

    Booking

  • 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

  • Chefs Kitchen, Game Room, Walk to Bethel, Fire Pit

    House · 4 bd · 2 ba · sleeps 8 · 0.4 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $61,581ADR $278Occ ≈ 61%5★ (20)

    AirbnbVrboBooking

  • 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%—

    Airbnb

  • Shasta View Home - Rest, Relax, Rejuvenate!

    House · 4 bd · 3 ba · sleeps 8 · 0.5 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +4

    Revenue $84,029ADR $432Occ ≈ 53%5★ (258)

    AirbnbVrbo

  • 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)

    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)

    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

Financing
Management

Est. revenue

$47,522

NOI

$19,130

Cash flow /mo

$1,594

Cash needed

$563,800

Cash-on-cash (all cash)

3.4%

ROE (yr 1)

6.2%

Cap rate

3.7%

DSCR

—

Year-1 write-off

$119,611

Year-1 tax shield @ 32%

$38,275

Year-1 return on equity

  • Cash flow (annual)$19,130
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$15,600
ROE6.2%

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

  • Purchase price (all cash)$520,000
  • 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.

5-year property$67,300

  • Kitchen cabinetsdefault

    $12,300 new × 40% good × 1.41 allocation

    $6,900

  • Kitchen countertopsdefault

    $10,000 new × 40% good × 1.41 allocation

    $5,700

  • Decorative trimdefault

    $5,200 new × 40% good × 1.41 allocation

    $2,900

  • Mirrorsdefault

    $500 new × 40% good × 1.41 allocation

    $300

  • Shelvingdefault

    $1,500 new × 40% good × 1.41 allocation

    $800

  • Window coverings (30)default

    $7,500 new × 40% good × 1.41 allocation

    $4,200

  • Carpet, vinyl & laminate (67% of floors)listing

    $12,700 new × 40% good × 1.41 allocation

    $7,200

  • Kitchen & laundry equipment plumbingdefault

    $9,500 new × 54% good × 1.41 allocation

    $7,300

  • Kitchen, laundry & data equipment electricaldefault

    $5,800 new × 54% good × 1.41 allocation

    $4,400

  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default

    $8,100 new × 40% good × 1.41 allocation

    $4,600

  • Furniture bought newlisting

    $23,000 new × 100% good · bought separately

    $23,000
15-year land improvements$52,000

  • Paving: driveway & walks (paved)default

    $11,300 new × 50% good × 1.41 allocation

    $8,000

  • Landscaping (typical)default

    $10,800 new × 50% good × 1.41 allocation

    $7,700

  • Patioslisting

    $13,300 new × 50% good × 1.41 allocation

    $9,400

  • Decks & porches (attached)listing

    $33,200 new × 50% good × 1.41 allocation

    $23,400

  • Gazebo / pergolalisting

    $5,000 new × 50% good × 1.41 allocation

    $3,500
Building, 39-year$353,400

  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $320,500 new × 62% good × 1.41 allocation

    $279,200

  • Building plumbing & fixturesdefault

    $33,300 new × 54% good × 1.41 allocation

    $25,400

  • Building electrical & lightingdefault

    $34,700 new × 54% good × 1.41 allocation

    $26,500

  • HVACdefault

    $33,200 new × 40% good × 1.41 allocation

    $18,800

  • Hardwood & tile floorsdefault

    $6,300 new × 40% good × 1.41 allocation

    $3,600

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
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.