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Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium

800 Cameron Dr

800 Cameron Dr

Big Bear Lake, CA 92315

$575,000

2 bd · 1 ba · Listed 21d ago

View on Realtor.com →
Negative cash flow

Year built

1952

Sqft

—

Lot sqft

11,300

HOA / mo

None

Furnished

No

List date

2026-09-08T21:03:23.000000Z

Revenue

Annual revenue

$26,492

ADR

$175

Occupancy

41%

Cleaning fees (12 mo)

$4,796

Confidence

Low (43.88), 50 comps

Comp revenue range (p25 / median / p75)

$15,871$23,466$36,348
  • Village retreat # 1897

    Vacation home · 2 bd · 1 ba · sleeps 4 · 164 ft

    Revenue $5,479ADR $221Occ ≈ 7%3.5★ (1)

    Booking

  • Skyhigh Chalet | Outdoor Spa - Near Village

    Cabin · 2 bd · 2 ba · sleeps 5 · 194 ft

    Revenue $36,492ADR $265Occ ≈ 38%4.1★ (50)

    AirbnbVrboBooking

  • P: No.16 Jacuzzi Skylight Cabin

    Cabin · 2 bd · 1 ba · sleeps 4 · 397 ft

    Revenue $45,078ADR $167Occ ≈ 74%4.9★ (22)

    Airbnb

  • Walk to Village +Hot Tub+ Lake View +Pets Ok

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 482 ft

    Revenue $18,144ADR $209Occ ≈ 24%5★ (14)

    AirbnbVrbo

  • Village Hideaway Big Bear Lake

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.1 mi

    Revenue $6,369ADR $206Occ ≈ 8%4.8★ (51)

    Vrbo

  • Big Bear Bird's Eye View - Enjoy the View

    Cabin · 2 bd · 1 ba · sleeps 8 · 0.1 mi

    Revenue $37,265ADR $780Occ ≈ 13%4.5★ (9)

    AirbnbVrbo

  • Big Bear Cabin – Walk to Lake & Village

    Cabin · 2 bd · 1 ba · sleeps 3 · 0.1 mi

    Revenue $10,520ADR $230Occ ≈ 13%4.1★ (14)

    AirbnbVrboBooking

  • Walk to Village, lake & Forest.EV charger

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.1 mi

    Revenue $11,347ADR $202Occ ≈ 15%5★ (248)

    AirbnbVrbo

  • Lakeview Lodge 5 - Near Village Entrance

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

    Revenue $23,909ADR $163Occ ≈ 40%4★ (49)

    Airbnb

  • 2 Bedroom Retreat-Pet Friendly- Walk to Village

    House · 2 bd · 1 ba · sleeps 4 · 0.1 mi

    Revenue $11,508ADR $163Occ ≈ 19%4.5★ (196)

    AirbnbVrbo

Show all 50 comps
  • Just a stroll away from the village

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.1 mi

    Revenue $20,144ADR $345Occ ≈ 16%5★ (13)

    Airbnb

  • LakeView Lodge 1 (Near Village)

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.2 mi

    Revenue $14,486ADR $201Occ ≈ 20%4.1★ (64)

    AirbnbVrbo

  • Tree Top Ranch - Walk to the Village & Hot Tub

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $38,339ADR $216Occ ≈ 49%4.8★ (107)

    AirbnbVrbo

  • P: No.15 Jacuzzi Skylight Cabin

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $44,434ADR $178Occ ≈ 68%4.8★ (8)

    Airbnb

  • LakeView Lodge6 (NearTheVillage)

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $17,679ADR $133Occ ≈ 36%4.5★ (72)

    Airbnb

  • 2 Bedroom 2 Bath Condo

    Apartment · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $16,293ADR $485Occ ≈ 9%5★ (1)

    AirbnbVrbo

  • The Club at Big Bear Village | Stunning 2BR Suite

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $28,068ADR $414Occ ≈ 19%—

    Airbnb

  • The Club at Big Bear Village | Stunning 2BR Suite

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $42,942ADR $827Occ ≈ 14%—

    AirbnbVrbo

  • The Club at Big Bear Village | Stunning 2BR Suite

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $31,327ADR $596Occ ≈ 14%—

    Airbnb

  • The Club at Big Bear Village | Stunning 2BR Suite

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $32,084ADR $338Occ ≈ 26%—

    Airbnb

  • The Club at Big Bear Village | Stunning 2BR Suite

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $26,988ADR $396Occ ≈ 19%—

    Airbnb

  • Steps To The Village w/Game Room & Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $39,689ADR $432Occ ≈ 25%4.7★ (52)

    AirbnbVrboBooking

  • P: No.20 Jacuzzi Skylight Cabin

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $50,802ADR $178Occ ≈ 78%4.8★ (56)

    Airbnb

  • Cozy* Fireplace* Jacuzzi* Walk to Village&Lake

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $624ADR $312Occ ≈ 1%3★ (1)

    AirbnbVrbo

  • P: No.18Jacuzzi Skylight Cabin

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $41,049ADR $161Occ ≈ 70%4.9★ (44)

    Airbnb

  • LVL Cabin #7 (Nearby Village)

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.2 mi

    Revenue $15,005ADR $200Occ ≈ 21%4★ (48)

    AirbnbVrbo

  • P: No.17 Jacuzzi Skylight Cabin

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $39,014ADR $166Occ ≈ 64%4.5★ (4)

    Airbnb

  • 2 BDRM ON BIG BEAR LAKE HEATED POOL HOT TUB CLUBHOUSE WATERSPORTS SKIING DINING

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $1,443ADR $360Occ ≈ 1%—

    Vrbo

  • Village Hideout- Walk to Village & Lake, Hot Tub

    House · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $15,529ADR $203Occ ≈ 21%4.8★ (12)

    AirbnbVrboBooking

  • Hillside hideaway: hidden gem, walkable to village

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $16,988ADR $241Occ ≈ 19%5★ (55)

    AirbnbVrboBooking

  • Lake-View Lodge 3 (Near Village)

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $15,768ADR $128Occ ≈ 34%4.2★ (83)

    AirbnbVrbo

  • Jus' Restin Village Retreat by Big Bear Vacations

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.3 mi

    Revenue $17,132ADR $360Occ ≈ 13%4.2★ (41)

    AirbnbVrboBooking

  • Jus’ Restin Village Retreat | Steps to Big Bear Village, Dining & Shops

    Vacation home · 2 bd · 2 ba · sleeps 7 · 0.3 mi

    Revenue $20,299ADR $310Occ ≈ 18%3.5★ (1)

    Booking

  • Fire Pit & Steps to Village- Village Hideaway

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.3 mi

    Revenue $27,945ADR $342Occ ≈ 22%4.8★ (117)

    AirbnbVrboBooking

  • Near Village Lakeview Lodge 4

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.3 mi

    Revenue $16,178ADR $136Occ ≈ 33%4★ (62)

    Airbnb

  • Badger Cottage - Walk to village and Lake

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.3 mi

    Revenue $17,729ADR $242Occ ≈ 20%4.9★ (39)

    Airbnb

  • Hot Tub + Deck + Walk to Village & Lake

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $33,533ADR $287Occ ≈ 32%4.9★ (28)

    AirbnbVrboBooking

  • Cabin In Village•Hot Tub•Walk to Shops/Lake• Pets

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $43,660ADR $219Occ ≈ 55%4.7★ (109)

    AirbnbBooking

  • Copper Mountain - Cozy Hollow 13

    Cabin · 2 bd · 1 ba · sleeps 7 · 0.3 mi

    Revenue $19,760ADR $116Occ ≈ 47%4.3★ (38)

    AirbnbVrbo

  • Clean and Comfy Cabin, close to The Lake!

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.3 mi

    Revenue $12,643ADR $178Occ ≈ 19%4.8★ (352)

    Airbnb

  • Johan's Village Haus:Located in the Village! Spa!

    House · 2 bd · 1 ba · sleeps 5 · 0.3 mi

    Revenue $25,090ADR $325Occ ≈ 21%4.8★ (43)

    AirbnbVrbo

  • Lawliss Hideout | Steps to Village, Hot Tub

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $57,202ADR $257Occ ≈ 61%4.9★ (42)

    AirbnbVrbo

  • Cozy Little Hideaway Right In The Village

    Cabin · 2 bd · 1.5 ba · sleeps 5 · 0.3 mi

    Revenue $16,892ADR $236Occ ≈ 20%4.7★ (65)

    AirbnbVrboBooking

  • Badger Chalet- May spring Special, Walk to Village

    Chalet · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $32,863ADR $200Occ ≈ 45%4.9★ (405)

    AirbnbVrbo

  • The Village Retreat

    House · 2 bd · 1.5 ba · sleeps 5 · 0.4 mi

    Revenue $23,023ADR $493Occ ≈ 13%5★ (103)

    Airbnb

  • Honey Bee Hideaway

    House · 2 bd · 2 ba · sleeps 7 · 0.4 mi

    Revenue $65,900ADR $391Occ ≈ 46%5★ (48)

    Airbnb

  • Fireside Lodge Cabin L/View Walk To Village

    Cabin · 2 bd · 1 ba · sleeps 8 · 0.4 mi

    Revenue $7,451ADR $302Occ ≈ 7%4.6★ (15)

    Airbnb

  • Walk to Village, Lake Views, AC, Pool

    House · 2 bd · 2 ba · sleeps 7 · 0.4 mi

    Revenue $27,160ADR $441Occ ≈ 17%4.5★ (41)

    AirbnbVrboBooking

  • Lakefront Condo w/ Pool, Spa & Dock

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $35,001ADR $281Occ ≈ 34%4.5★ (14)

    AirbnbVrboBooking

  • Walk to Lake/Village, Centrally Located, Fireplace

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.4 mi

    Revenue $35,914ADR $289Occ ≈ 34%4.7★ (3)

    AirbnbVrboBooking

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
Term

Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium

Est. revenue

$26,492

NOI

$5,617

Cash flow /mo

-$2,630

Cash needed

$182,750

Cash-on-cash

-17.3%

ROE (yr 1)

-5.8%

Cap rate

1.0%

DSCR

0.15

Year-1 write-off

$141,446

Year-1 tax shield @ 32%

$45,263

Year-1 return on equity

  • Cash flow (annual)-$31,565
  • Principal paydown$3,763
  • Appreciation at%$17,250
ROE-5.8%
ROE incl. year-1 tax savings (32% bracket, STR loophole)19.0%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$5,298
  • Platform fees (3% of revenue)$795
  • Maintenance / capex (5% of revenue)$1,325
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$7,188
  • Insurance (STR-rated)$2,933

Cash needed to close

  • Down payment (25%)$143,750
  • Closing costs (4.0%)$23,000
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$45,263

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

$474,000

Short-life (5/15-yr)

$124,000 · 26%

Year-1 deduction

$141,000

Year-1 tax shield @ 32%

$45,000

Land 18% (county tax record, assessed value split) · building $350,000 over 39 years · new furniture $16,000

Based on: ~1,400 sq ft (from beds), built 1952, 2 bd / 1 ba, unfurnished, listing features (patio, fireplace, appliance list).

IRS-guide safe-harbor floor: $105,000 in year 1 (19% short-life, $34,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$91,900
  • Kitchen cabinetsdefault

    $8,900 new × 40% good × 4.23 allocation

    $15,000
  • Kitchen countertopsdefault

    $7,300 new × 40% good × 4.23 allocation

    $12,300
  • Decorative trimdefault

    $2,500 new × 40% good × 4.23 allocation

    $4,100
  • Mirrorsdefault

    $200 new × 40% good × 4.23 allocation

    $300
  • Shelvingdefault

    $900 new × 40% good × 4.23 allocation

    $1,500
  • Window coverings (14)default

    $3,500 new × 40% good × 4.23 allocation

    $5,900
  • Carpet, vinyl & laminate (40% of floors)default

    $3,600 new × 40% good × 4.23 allocation

    $6,100
  • Kitchen & laundry equipment plumbingdefault

    $6,900 new × 40% good × 4.23 allocation

    $11,700
  • Kitchen, laundry & data equipment electricaldefault

    $4,200 new × 40% good × 4.23 allocation

    $7,100
  • Appliances (range, dishwasher, refrigerator, washer, dryer)listing

    $7,000 new × 40% good × 4.23 allocation

    $11,900
  • Furniture bought newlisting

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

    $16,000
15-year land improvements$48,500
  • Paving: driveway & walks (paved)default

    $7,800 new × 50% good × 4.23 allocation

    $16,400
  • Landscaping (typical)default

    $7,500 new × 50% good × 4.23 allocation

    $15,800
  • Patioslisting

    $6,300 new × 50% good × 4.23 allocation

    $13,300
  • Decks & porches (attached)default

    $1,400 new × 50% good × 4.23 allocation

    $2,900
Building, 39-year$349,600
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $151,900 new × 40% good × 4.23 allocation

    $257,200
  • Building plumbing & fixturesdefault

    $15,700 new × 40% good × 4.23 allocation

    $26,600
  • Building electrical & lightingdefault

    $15,000 new × 40% good × 4.23 allocation

    $25,400
  • HVACdefault

    $15,800 new × 40% good × 4.23 allocation

    $26,700
  • Hardwood & tile floorsdefault

    $5,400 new × 40% good × 4.23 allocation

    $9,200
  • Fireplacelisting

    $2,600 new × 40% good × 4.23 allocation

    $4,500

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$91,900$48,500$1,100$141,400
2$0$0$9,000$9,000
3$0$0$9,000$9,000
4$0$0$9,000$9,000
5$0$0$9,000$9,000
6+$0$0$312,600$312,600
Total$91,900$48,500$349,600$489,900

The building's share of the price ($474,000) is 4.2x our depreciated replacement cost of the home ($112,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.

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 and Georgia disallow bonus depreciation, Ohio adds back 5/6 of it, and Tennessee has no personal income tax. Not tax advice.

Market note

Big Bear Lake (city) and unincorporated county areas both allow permitted short-term rentals, and we found no numeric permit cap in either. Permits/licenses generally do NOT transfer on sale — a buyer must apply for their own, so confirm permit status with the city or San Bernardino County before closing. City: vacation rental license, up to 3 per owner. County: 1 permit per parcel under 2 acres, 2 max per owner. Lodging tax ~13% in the city, ~7% county. Rules change; verify before you buy.