STR Yield
← Back to deals
MortgageCash
4103 Saratoga Dr

4103 Saratoga Dr

Redding, CA 96002

$620,000

3 bd · 2 ba · 2,200 sqft · Listed 1d ago

View on Realtor.com →
Low confidence

Year built

1990

Sqft

2,200

Lot sqft

14,810

HOA / mo

$0

Furnished

No

List date

2026-10-21T17:41:36.000000Z

Revenue

Annual revenue

$40,213

ADR

$175

Occupancy

63%

Cleaning fees (12 mo)

$5,412

Confidence

Low (14.31), 7 comps

Comp revenue range (p25 / median / p75)

$16,078$33,641$49,550

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

Median revenue of shown comps: $33,641

  • LUXE Modern getaway retreat

    House · 3 bd · 1.5 ba · sleeps 6 · 0.2 mi

    Revenue $10,293ADR $155Occ ≈ 18%4.8★ (7)

    Delisted

  • Cozy home in nice neighborhood next to largest park in Redding ! Pet friendly.

    House · 2 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $52,622ADR $404Occ ≈ 36%4.5★ (2)

    Delisted

  • Sweet Escape. Cozy, central, fireplace & Netflix.

    House · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $46,477ADR $162Occ ≈ 79%4.8★ (399)

    Airbnb

  • Calm, Cozy & Clean (5 beds + pooltable & foosball)

    House · 3 bd · 1.5 ba · sleeps 7 · 0.5 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $33,641ADR $201Occ ≈ 46%5★ (203)

    Airbnb

  • House+ADU+Pool + RV/Boat Parking

    House · 4 bd · 3 ba · sleeps 10 · 0.6 mi

    • Pool
    • A/C
    • Free parking
    • Pets OK
    • +3

    Revenue $4,286ADR $499Occ ≈ 2%5★ (6)

    Airbnb

  • Forest Hill Resort: Heated Pool +Billiards +Trails

    House · 4 bd · 2 ba · sleeps 12 · 0.6 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $102,651ADR $524Occ ≈ 54%4.9★ (146)

    AirbnbVrbo

  • Modern Stay Near Parks & Shops

    Guest house · 2 bd · 1 ba · sleeps 5 · 0.7 mi

    Revenue $21,863ADR $168Occ ≈ 36%4.5★ (2)

    Delisted

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

$40,213

NOI

$14,306

Cash flow /mo

$1,192

Cash needed

$664,300

Cash-on-cash (all cash)

2.2%

ROE (yr 1)

5.0%

Cap rate

2.3%

DSCR

—

Year-1 write-off

$236,514

Year-1 tax shield @ 32%

$75,684

Year-1 return on equity

  • Cash flow (annual)$14,306
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$18,600
ROE5.0%

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)$8,043
  • Platform fees (3% of revenue)$1,206
  • Maintenance / capex (5% of revenue)$2,011
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$7,750
  • Insurance (STR-rated)$3,627

Cash needed to close

  • Purchase price (all cash)$620,000
  • Closing costs (4.0%)$24,800
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$75,684

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

$521,000

Short-life (5/15-yr)

$217,000 · 42%

Year-1 deduction

$237,000

Year-1 tax shield @ 32%

$76,000

Land 16% (county tax record, assessed value split) · building $304,000 over 39 years · new furniture $20,000

Based on: 2,200 sq ft, built 1990, 3 bd / 2 ba, unfurnished, listing features (hot tub, pool, deck, covered patio, fireplace, flooring types).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $184,000 in year 1 (31% short-life, $59,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$85,800

  • Kitchen cabinetsdefault

    $10,600 new × 40% good × 2.37 allocation

    $10,100

  • Kitchen countertopsdefault

    $8,700 new × 40% good × 2.37 allocation

    $8,200

  • Decorative trimdefault

    $3,900 new × 40% good × 2.37 allocation

    $3,600

  • Mirrorsdefault

    $300 new × 40% good × 2.37 allocation

    $300

  • Shelvingdefault

    $1,200 new × 40% good × 2.37 allocation

    $1,100

  • Window coverings (22)default

    $5,500 new × 40% good × 2.37 allocation

    $5,200

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

    $9,400 new × 40% good × 2.37 allocation

    $8,900

  • Kitchen & laundry equipment plumbingdefault

    $8,300 new × 40% good × 2.37 allocation

    $7,800

  • Kitchen, laundry & data equipment electricaldefault

    $5,000 new × 40% good × 2.37 allocation

    $4,700

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

    $8,100 new × 40% good × 2.37 allocation

    $7,700

  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.37 allocation

    $8,500

  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
15-year land improvements$150,400

  • Paving: driveway & walks (paved)default

    $9,700 new × 50% good × 2.37 allocation

    $11,500

  • Landscaping (typical)default

    $9,400 new × 50% good × 2.37 allocation

    $11,100

  • Covered patiolisting

    $18,200 new × 50% good × 2.37 allocation

    $21,500

  • Decks & porches (attached)listing

    $24,800 new × 50% good × 2.37 allocation

    $29,300

  • Pool (in-ground)listing

    $65,000 new × 50% good × 2.37 allocation

    $77,000
Building, 39-year$304,100

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

    $238,900 new × 40% good × 2.37 allocation

    $226,400

  • Building plumbing & fixturesdefault

    $24,800 new × 40% good × 2.37 allocation

    $23,500

  • Building electrical & lightingdefault

    $25,200 new × 40% good × 2.37 allocation

    $23,800

  • HVACdefault

    $24,800 new × 40% good × 2.37 allocation

    $23,500

  • Hardwood & tile floorsdefault

    $4,700 new × 40% good × 2.37 allocation

    $4,500

  • Fireplacelisting

    $2,600 new × 40% good × 2.37 allocation

    $2,500

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$85,800$150,400$300$236,500
2$0$0$7,800$7,800
3$0$0$7,800$7,800
4$0$0$7,800$7,800
5$0$0$7,800$7,800
6+$0$0$272,600$272,600
Total$85,800$150,400$304,100$540,300

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.