STR Yield
← Back to deals

Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium

19990 Sunnyview Dr

19990 Sunnyview Dr

Redding, CA 96003

$269,000

2 bd · 2 ba · 1,288 sqft · Listed 6d ago

View on Realtor.com →
Low confidenceNegative cash flow

Year built

1989

Sqft

1,288

Lot sqft

50,965

HOA / mo

$0

Furnished

No

List date

2026-11-06T19:11:29.000000Z

Revenue

Annual revenue

$27,766

ADR

$151

Occupancy

50%

Cleaning fees (12 mo)

$4,468

Confidence

Low (0.2), 12 comps

Comp revenue range (p25 / median / p75)

$7,071$15,118$35,391

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

Median revenue of shown comps: $15,118

  • ‘Mtn Gate Guest House’ ~ 6 Mi to Shasta Lake!

    House · 3 bd · 2 ba · sleeps 5 · 443 ft

    • Wifi
    • Kitchen
    • Washer
    • Fireplace

    Revenue $31,692ADR $211Occ ≈ 41%5★ (45)

    AirbnbVrboBooking

  • Country hm w FullGym Lake Shasta5min quiet&cozy

    House · 1 bd · 3 ba · sleeps 4 · 1.1 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +2

    Revenue $7,470ADR $76Occ ≈ 27%4.8★ (17)

    Airbnb

  • Gated Mini-Mansion Resort-ish* Pool*Pond*King Bed*

    House · 1 bd · 1 ba · sleeps 2 · 1.1 mi

    Revenue $5,873ADR $266Occ ≈ 6%5★ (41)

    Delisted

  • Gated Lush Resort Style*Pool* Parklike*Queen Bed

    House · 1 bd · 1 ba · sleeps 2 · 1.1 mi

    Revenue $8,804ADR $174Occ ≈ 14%5★ (50)

    Delisted

  • Deluxe Tiny Home

    Tiny house · 1 bd · 1 ba · sleeps 4 · 1.2 mi

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

    Revenue $20,410ADR $102Occ ≈ 55%5★ (1)

    AirbnbBooking

  • Beautiful Country House.

    House · 3 bd · 2 ba · sleeps 8 · 1.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $54,978ADR $292Occ ≈ 52%4.9★ (156)

    AirbnbVrbo

  • Deluxe Cabin

    Cabin · 1 bd · 1 ba · sleeps 4 · 1.3 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +2

    Revenue $9,826ADR $143Occ ≈ 19%4.5★ (4)

    Airbnb

  • Hot Tub, Dog-Friendly Yard! 3-Acre Redding Retreat

    House · 3 bd · 2 ba · sleeps 9 · 1.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +3

    Revenue $46,489ADR $239Occ ≈ 53%4.6★ (24)

    AirbnbVrboBooking

  • Cozy RV with Pool & Private Parking

    Camper/RV · 1 bd · 1 ba · sleeps 2 · 1.4 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +2

    Revenue $3,935ADR $102Occ ≈ 11%—

    Airbnb

  • Romantic Farmhouse 10 min. to Shasta Lake .

    House · 3 bd · 2 ba · sleeps 9 · 1.4 mi

    Revenue $544ADR $272Occ ≈ 1%4.5★ (6)

    Airbnb

Show 2 more
  • Entire Upscale Guest Suite, Mountain Views

    Guest suite · 1 bd · 1 ba · sleeps 3 · 1.5 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +1

    Revenue $27,901ADR $97Occ ≈ 79%5★ (249)

    Airbnb

  • Redding Retreat Ranch

    House · 3 bd · 2.5 ba · sleeps 10 · 1.8 mi

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

    Revenue $81,294ADR $517Occ ≈ 43%4.9★ (224)

    AirbnbVrbo

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
Term

Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium

Est. revenue

$27,766

NOI

$11,259

Cash flow /mo

-$532

Cash needed

$94,010

Cash-on-cash

-6.8%

ROE (yr 1)

3.6%

Cap rate

4.2%

DSCR

0.64

Year-1 write-off

$66,931

Year-1 tax shield @ 32%

$21,418

Year-1 return on equity

  • Cash flow (annual)-$6,388
  • Principal paydown$1,709
  • Appreciation at%$8,070
ROE3.6%

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)$5,553
  • Platform fees (3% of revenue)$833
  • Maintenance / capex (5% of revenue)$1,388
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$3,363
  • Insurance (STR-rated)$1,574

Cash needed to close

  • Down payment (25%)$67,250
  • Closing costs (4.0%)$10,760
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$21,418

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

$194,000

Short-life (5/15-yr)

$51,000 · 26%

Year-1 deduction

$67,000

Year-1 tax shield @ 32%

$21,000

Land 28% (county tax record, assessed value split) · building $143,000 over 39 years · new furniture $16,000

Based on: 1,288 sq ft, built 1989, 2 bd / 2 ba, unfurnished, listing features (fireplace, flooring types, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $52,000 in year 1 (19% short-life, $17,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$51,400
  • Kitchen cabinetsdefault

    $8,600 new × 40% good × 1.79 allocation

    $6,200
  • Kitchen countertopsdefault

    $7,100 new × 40% good × 1.79 allocation

    $5,000
  • Decorative trimdefault

    $2,300 new × 40% good × 1.79 allocation

    $1,600
  • Mirrorsdefault

    $300 new × 40% good × 1.79 allocation

    $200
  • Shelvingdefault

    $900 new × 40% good × 1.79 allocation

    $600
  • Window coverings (13)default

    $3,300 new × 40% good × 1.79 allocation

    $2,300
  • Carpet, vinyl & laminate (100% of floors)listing

    $8,300 new × 40% good × 1.79 allocation

    $5,900
  • Kitchen & laundry equipment plumbingdefault

    $6,700 new × 40% good × 1.79 allocation

    $4,800
  • Kitchen, laundry & data equipment electricaldefault

    $4,100 new × 40% good × 1.79 allocation

    $2,900
  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default

    $8,100 new × 40% good × 1.79 allocation

    $5,800
  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000
15-year land improvements$15,300
  • Paving: driveway & walks (paved)default

    $7,400 new × 50% good × 1.79 allocation

    $6,700
  • Landscaping (typical)default

    $7,200 new × 50% good × 1.79 allocation

    $6,400
  • Patiosdefault

    $1,300 new × 50% good × 1.79 allocation

    $1,100
  • Decks & porches (attached)default

    $1,300 new × 50% good × 1.79 allocation

    $1,100
Building, 39-year$142,900
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $139,500 new × 40% good × 1.79 allocation

    $99,800
  • Building plumbing & fixturesdefault

    $14,400 new × 40% good × 1.79 allocation

    $10,300
  • Building electrical & lightingdefault

    $13,600 new × 40% good × 1.79 allocation

    $9,700
  • HVACdefault

    $14,500 new × 40% good × 1.79 allocation

    $10,400
  • Fireplacelisting

    $2,600 new × 40% good × 1.79 allocation

    $1,900
  • Septic systemlisting

    $12,000 new × 50% good × 1.79 allocation

    $10,700

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$51,400$15,300$200$66,900
2$0$0$3,700$3,700
3$0$0$3,700$3,700
4$0$0$3,700$3,700
5$0$0$3,700$3,700
6+$0$0$128,100$128,100
Total$51,400$15,300$142,900$209,700

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.