2211 Wicklow St
Redding, CA 96001
$414,500
3 bd · 2 ba · 1,521 sqft · Listed 1d ago
View on Realtor.com →Year built
1991
Sqft
1,521
Lot sqft
9,583
HOA / mo
$0
Furnished
No
List date
2026-10-06T14:57:08.000000Z
Revenue
Annual revenue
$45,467
ADR
$122
Occupancy
98%
Cleaning fees (12 mo)
$6,149
Confidence
High (80.9), 5 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $41,451
The Trailhouse • Covered Deck🏖Views🌄 Foosball⚽️
House · 3 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $41,200ADR $175Occ ≈ 65%4.9★ (130)
Redding Hillside Oasis with Pool!
House · 3 bd · 2 ba · sleeps 6 · 0.3 mi
- Pool
- A/C
- Free parking
- Wifi
- +3
Revenue $52,039ADR $204Occ ≈ 70%5★ (89)
Andes Restful Retreat
House · 3 bd · 2.5 ba · sleeps 7 · 0.7 mi
Revenue $59,442ADR $342Occ ≈ 48%4.8★ (75)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
The Trailhouse • Covered Deck🏖Views🌄 Foosball⚽️ House | 3 bd · 2 ba · sleeps 6 | $41,200 | $175 | 65% | 4.9★ (130) | 0.1 mi | Airbnb |
Westside 3 bed + office/ 3 king beds/ trails! House
| 3 bd · 3 ba · sleeps 9 | $41,451 | $241 | 47% | 5★ (17) | 0.1 mi | AirbnbVrbo |
Redding Hillside Oasis with Pool! House
| 3 bd · 2 ba · sleeps 6 | $52,039 | $204 | 70% | 5★ (89) | 0.3 mi | Airbnb |
Bright Redding Getaway House
| 3 bd · 2 ba · sleeps 6 | $38,499 | $203 | 52% | 5★ (32) | 0.4 mi | AirbnbVrbo |
Andes Restful Retreat House | 3 bd · 2.5 ba · sleeps 7 | $59,442 | $342 | 48% | 4.8★ (75) | 0.7 mi | 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
Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium
Est. revenue
$45,467
NOI
$21,552
Cash flow /mo
-$492
Cash needed
$139,705
Cash-on-cash
-4.2%
ROE (yr 1)
6.5%
Cap rate
5.2%
DSCR
0.79
Year-1 write-off
$111,310
Year-1 tax shield @ 32%
$35,619
Year-1 return on equity
- Cash flow (annual)-$5,899
- Principal paydown$2,582
- Appreciation at%$12,435
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)$9,093
- Platform fees (3% of revenue)$1,364
- Maintenance / capex (5% of revenue)$2,273
- Utilities & supplies$4,200
- HOA$0
- Property tax$5,181
- Insurance (STR-rated)$2,425
Cash needed to close
- Down payment (25%)$103,625
- Closing costs (4.0%)$16,580
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$35,619
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
$336,000
Short-life (5/15-yr)
$92,000 · 27%
Year-1 deduction
$111,000
Year-1 tax shield @ 32%
$36,000
Land 19% (county tax record, assessed value split) · building $244,000 over 39 years · new furniture $20,000
Based on: 1,521 sq ft, built 1991, 3 bd / 2 ba, unfurnished, listing features (pool, flooring types).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $86,000 in year 1 (20% short-life, $28,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $10,000
Kitchen cabinetsdefault
$9,100 new × 40% good × 2.74 allocation
- $8,200
Kitchen countertopsdefault
$7,500 new × 40% good × 2.74 allocation
- $2,900
Decorative trimdefault
$2,700 new × 40% good × 2.74 allocation
- $300
Mirrorsdefault
$300 new × 40% good × 2.74 allocation
- $1,300
Shelvingdefault
$1,200 new × 40% good × 2.74 allocation
- $4,100
Window coverings (15)default
$3,800 new × 40% good × 2.74 allocation
- $10,700
Carpet, vinyl & laminate (100% of floors)listing
$9,800 new × 40% good × 2.74 allocation
- $7,800
Kitchen & laundry equipment plumbingdefault
$7,100 new × 40% good × 2.74 allocation
- $4,700
Kitchen, laundry & data equipment electricaldefault
$4,300 new × 40% good × 2.74 allocation
- $8,900
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.74 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $11,100
Paving: driveway & walks (paved)default
$8,100 new × 50% good × 2.74 allocation
- $10,700
Landscaping (typical)default
$7,800 new × 50% good × 2.74 allocation
- $2,100
Patiosdefault
$1,500 new × 50% good × 2.74 allocation
- $2,100
Decks & porches (attached)default
$1,500 new × 50% good × 2.74 allocation
- $6,600
Pool (above-ground)listing
$6,000 new × 40% good × 2.74 allocation
- $188,300
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$164,700 new × 42% good × 2.74 allocation
- $18,800
Building plumbing & fixturesdefault
$17,100 new × 40% good × 2.74 allocation
- $18,200
Building electrical & lightingdefault
$16,600 new × 40% good × 2.74 allocation
- $18,800
HVACdefault
$17,100 new × 40% good × 2.74 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $78,600 | $32,500 | $300 | $111,300 |
| 2 | $0 | $0 | $6,300 | $6,300 |
| 3 | $0 | $0 | $6,300 | $6,300 |
| 4 | $0 | $0 | $6,300 | $6,300 |
| 5 | $0 | $0 | $6,300 | $6,300 |
| 6+ | $0 | $0 | $218,800 | $218,800 |
| Total | $78,600 | $32,500 | $244,100 | $355,100 |
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.