19754 Solus Campground Rd
Lakehead, CA 96051
$724,700
4 bd · 3 ba · 2,636 sqft · Listed 6d ago
View on Realtor.com →Year built
1972
Sqft
2,636
Lot sqft
108,900
HOA / mo
$0
Furnished
No
List date
2026-11-06T23:29:23.000000Z
Revenue
Annual revenue
$58,913
ADR
$454
Occupancy
36%
Cleaning fees (12 mo)
$8,543
Confidence
Med (59.71), 7 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $55,195
Relaxing Lake Retreat • Pool • Hot Tub • Game Room
House · 3 bd · 2 ba · sleeps 10 · 404 ft
Revenue $50,136ADR $554Occ ≈ 25%5★ (26)
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Shasta Lake Log Cabin: Hot tub & Pool Cabin
| 3 bd · 2 ba · sleeps 10 | $64,411 | $459 | 38% | 5★ (224) | 161 ft | AirbnbVrboBooking |
Relaxing Lake Retreat • Pool • Hot Tub • Game Room House | 3 bd · 2 ba · sleeps 10 | $50,136 | $554 | 25% | 5★ (26) | 404 ft | Delisted |
Private Oasis with amazing views Chalet
| 4 bd · 3 ba · sleeps 14 | $74,452 | $696 | 29% | 4.8★ (23) | 482 ft | AirbnbVrboBooking |
Lower Salt Creek Cabin House
| 3 bd · 2 ba · sleeps 15 | $20,169 | $441 | 13% | 5★ (16) | 1.1 mi | AirbnbVrbo |
Beautiful Cabin at Lakehead Cabin
| 3 bd · 2 ba · sleeps 12 | $37,914 | $466 | 22% | 4.7★ (95) | 1.3 mi | AirbnbVrboBooking |
Private Cabin w/ Forest Views & Grill in Lakehead! Cabin
| 3 bd · 2 ba · sleeps 8 | $55,195 | $259 | 58% | 4.3★ (48) | 1.8 mi | AirbnbVrboBooking |
Wonderland: Alice-Themed, Hot Tub, Lake & Forest Cabin
| 3 bd · 3 ba · sleeps 13 | $86,895 | $476 | 50% | 4.8★ (119) | 1.9 mi | 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
Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium
Est. revenue
$58,913
NOI
$26,006
Cash flow /mo
-$1,795
Cash needed
$233,163
Cash-on-cash
-9.2%
ROE (yr 1)
2.1%
Cap rate
3.6%
DSCR
0.55
Year-1 write-off
$251,470
Year-1 tax shield @ 32%
$80,470
Year-1 return on equity
- Cash flow (annual)-$21,534
- Principal paydown$4,604
- Appreciation at%$21,741
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)$11,783
- Platform fees (3% of revenue)$1,767
- Maintenance / capex (5% of revenue)$2,946
- Utilities & supplies$4,200
- HOA$0
- Property tax$9,059
- Insurance (STR-rated)$4,239
Cash needed to close
- Down payment (25%)$181,175
- Closing costs (4.0%)$28,988
- Furnishing (bought new)$23,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$80,470
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
$634,000
Short-life (5/15-yr)
$228,000 · 36%
Year-1 deduction
$251,000
Year-1 tax shield @ 32%
$80,000
Land 13% (county tax record, assessed value split) · building $405,000 over 39 years · new furniture $23,000
Based on: 2,636 sq ft, built 1972, 4 bd / 3 ba, unfurnished, listing features (hot tub, pool, deck, fireplace, flooring types, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $186,000 in year 1 (26% short-life, $59,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,800
Kitchen cabinetsdefault
$11,600 new × 40% good × 2.54 allocation
- $9,600
Kitchen countertopsdefault
$9,500 new × 40% good × 2.54 allocation
- $4,700
Decorative trimdefault
$4,600 new × 40% good × 2.54 allocation
- $500
Mirrorsdefault
$500 new × 40% good × 2.54 allocation
- $1,500
Shelvingdefault
$1,500 new × 40% good × 2.54 allocation
- $6,600
Window coverings (26)default
$6,500 new × 40% good × 2.54 allocation
- $11,500
Carpet, vinyl & laminate (67% of floors)listing
$11,300 new × 40% good × 2.54 allocation
- $9,100
Kitchen & laundry equipment plumbingdefault
$9,000 new × 40% good × 2.54 allocation
- $5,500
Kitchen, laundry & data equipment electricaldefault
$5,400 new × 40% good × 2.54 allocation
- $8,200
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.54 allocation
- $9,100
Hot tub (freestanding)listing
$9,000 new × 40% good × 2.54 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $13,500
Paving: driveway & walks (paved)default
$10,600 new × 50% good × 2.54 allocation
- $13,000
Landscaping (typical)default
$10,200 new × 50% good × 2.54 allocation
- $3,300
Patiosdefault
$2,600 new × 50% good × 2.54 allocation
- $37,600
Decks & porches (attached)listing
$29,700 new × 50% good × 2.54 allocation
- $82,500
Pool (in-ground)listing
$65,000 new × 50% good × 2.54 allocation
- $290,400
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$286,100 new × 40% good × 2.54 allocation
- $30,200
Building plumbing & fixturesdefault
$29,700 new × 40% good × 2.54 allocation
- $31,100
Building electrical & lightingdefault
$30,700 new × 40% good × 2.54 allocation
- $30,100
HVACdefault
$29,700 new × 40% good × 2.54 allocation
- $5,700
Hardwood & tile floorsdefault
$5,700 new × 40% good × 2.54 allocation
- $2,700
Fireplacelisting
$2,600 new × 40% good × 2.54 allocation
- $15,200
Septic systemlisting
$12,000 new × 50% good × 2.54 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $101,100 | $149,900 | $400 | $251,500 |
| 2 | $0 | $0 | $10,400 | $10,400 |
| 3 | $0 | $0 | $10,400 | $10,400 |
| 4 | $0 | $0 | $10,400 | $10,400 |
| 5 | $0 | $0 | $10,400 | $10,400 |
| 6+ | $0 | $0 | $363,400 | $363,400 |
| Total | $101,100 | $149,900 | $405,500 | $656,500 |
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.