7202 Legacy Ct
Redding, CA 96001
$415,000
3 bd · 2 ba · 1,634 sqft · Listed 1d ago
View on Realtor.com →Year built
2015
Sqft
1,634
Lot sqft
8,276
HOA / mo
$0
Furnished
No
List date
2026-10-16T18:06:22.000000Z
Revenue
Annual revenue
$31,067
ADR
$145
Occupancy
59%
Cleaning fees (12 mo)
$4,076
Confidence
Low (18.74), 8 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $23,256
The Hidden Treasure
House · 2 bd · 1 ba · sleeps 3 · 1.5 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +2
Revenue $17,467ADR $72Occ ≈ 66%5★ (1)
The Hideout-21’ sleeps 4
Camper/RV · 2 bd · 1 ba · sleeps 5 · 1.8 mi
Revenue $1,387ADR $0Occ ≈ ——
Delisted
Danish Grandma's Redding Country Acres Hideaway
House · 2 bd · 1.5 ba · sleeps 4 · 1.8 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $1,309ADR $130Occ ≈ 3%5★ (5)
Gorgeous Riverside Home Close to Bethel Church
House · 3 bd · 2 ba · sleeps 8 · 1.9 mi
- Pool
- A/C
- Free parking
- Wifi
- +3
Revenue $39,391ADR $328Occ ≈ 33%4.9★ (98)
💤Peaceful & Private 2 Room Suite w/ Pvt. Entrance
Guest suite · 2 bd · 1 ba · sleeps 3 · 1.9 mi
- A/C
- Free parking
- Wifi
Revenue $25,035ADR $90Occ ≈ 76%5★ (476)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Modern Comforts at Olney Creek Outpost House
| 3 bd · 2 ba · sleeps 8 | $21,476 | $321 | 18% | 4.9★ (11) | 0.4 mi | AirbnbVrbo |
Hidden Charm- A cozy home with Pool & Game room House
| 3 bd · 2 ba · sleeps 6 | $35,990 | $180 | 55% | 4.8★ (134) | 0.8 mi | AirbnbVrbo |
The Hidden Treasure House
| 2 bd · 1 ba · sleeps 3 | $17,467 | $72 | 66% | 5★ (1) | 1.5 mi | Airbnb |
The Hideout-21’ sleeps 4 Camper/RV | 2 bd · 1 ba · sleeps 5 | $1,387 | $0 | — | — | 1.8 mi | Delisted |
Danish Grandma's Redding Country Acres Hideaway House
| 2 bd · 1.5 ba · sleeps 4 | $1,309 | $130 | 3% | 5★ (5) | 1.8 mi | Airbnb |
Gorgeous Riverside Home Close to Bethel Church House
| 3 bd · 2 ba · sleeps 8 | $39,391 | $328 | 33% | 4.9★ (98) | 1.9 mi | Airbnb |
💤Peaceful & Private 2 Room Suite w/ Pvt. Entrance Guest suite
| 2 bd · 1 ba · sleeps 3 | $25,035 | $90 | 76% | 5★ (476) | 1.9 mi | Airbnb |
Comfortable home near river access trail House
| 3 bd · 1 ba · sleeps 6 | $64,716 | $311 | 57% | 4.8★ (48) | 2.0 mi | 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
Est. revenue
$31,067
NOI
$11,175
Cash flow /mo
$931
Cash needed
$451,100
Cash-on-cash (all cash)
2.5%
ROE (yr 1)
5.2%
Cap rate
2.7%
DSCR
—
Year-1 write-off
$94,704
Year-1 tax shield @ 32%
$30,305
Year-1 return on equity
- Cash flow (annual)$11,175
- Principal paydown (n/a, cash)$0
- Appreciation at%$12,450
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)$6,213
- Platform fees (3% of revenue)$932
- Maintenance / capex (5% of revenue)$1,553
- Utilities & supplies$4,200
- HOA$0
- Property tax$5,188
- Insurance (STR-rated)$2,428
Cash needed to close
- Purchase price (all cash)$415,000
- Closing costs (4.0%)$16,600
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$30,305
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
$345,000
Short-life (5/15-yr)
$75,000 · 22%
Year-1 deduction
$95,000
Year-1 tax shield @ 32%
$30,000
Land 17% (county tax record, assessed value split) · building $270,000 over 39 years · new furniture $20,000
Based on: 1,634 sq ft, built 2015, 3 bd / 2 ba, unfurnished, listing features (covered patio, fence, fireplace, flooring types).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $76,000 in year 1 (16% short-life, $24,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $7,800
Kitchen cabinetsdefault
$9,400 new × 56% good × 1.48 allocation
- $6,400
Kitchen countertopsdefault
$7,700 new × 56% good × 1.48 allocation
- $2,400
Decorative trimdefault
$2,900 new × 56% good × 1.48 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.48 allocation
- $1,000
Shelvingdefault
$1,200 new × 56% good × 1.48 allocation
- $2,400
Window coverings (16)default
$4,000 new × 40% good × 1.48 allocation
- $6,200
Carpet, vinyl & laminate (100% of floors)listing
$10,500 new × 40% good × 1.48 allocation
- $8,400
Kitchen & laundry equipment plumbingdefault
$7,300 new × 78% good × 1.48 allocation
- $5,100
Kitchen, laundry & data equipment electricaldefault
$4,400 new × 78% good × 1.48 allocation
- $4,800
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 1.48 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $6,900
Paving: driveway & walks (paved)default
$8,400 new × 56% good × 1.48 allocation
- $6,700
Landscaping (typical)default
$8,100 new × 56% good × 1.48 allocation
- $11,200
Covered patiolisting
$13,500 new × 56% good × 1.48 allocation
- $1,200
Decks & porches (attached)default
$1,600 new × 50% good × 1.48 allocation
- $4,400
Fencinglisting
$6,000 new × 50% good × 1.48 allocation
- $213,700
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$177,000 new × 82% good × 1.48 allocation
- $21,200
Building plumbing & fixturesdefault
$18,400 new × 78% good × 1.48 allocation
- $20,700
Building electrical & lightingdefault
$18,000 new × 78% good × 1.48 allocation
- $12,200
HVACdefault
$18,400 new × 45% good × 1.48 allocation
- $2,200
Fireplacelisting
$2,600 new × 56% good × 1.48 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $64,000 | $30,400 | $300 | $94,700 |
| 2 | $0 | $0 | $6,900 | $6,900 |
| 3 | $0 | $0 | $6,900 | $6,900 |
| 4 | $0 | $0 | $6,900 | $6,900 |
| 5 | $0 | $0 | $6,900 | $6,900 |
| 6+ | $0 | $0 | $242,000 | $242,000 |
| Total | $64,000 | $30,400 | $270,000 | $364,400 |
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.