3334 Hotlam Rd
Redding, CA 96002
$475,000
4 bd · 2 ba · 1,850 sqft · Listed 2d ago
View on Realtor.com →Year built
2018
Sqft
1,850
Lot sqft
9,148
HOA / mo
None
Furnished
No
List date
2026-10-09T22:59:23.000000Z
Revenue
Annual revenue
$61,123
ADR
$291
Occupancy
58%
Cleaning fees (12 mo)
$9,469
Confidence
Low (25.95), 7 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $52,578
Redding retreat for Large Family / Entire house
House · 4 bd · 2 ba · sleeps 8 · 492 ft
- A/C
- Wifi
- Kitchen
- Washer
- +1
Revenue $37,145ADR $227Occ ≈ 45%5★ (123)
GHouse@ Lilac | Redding (Airport) Her.Hauspitality
House · 3 bd · 2 ba · sleeps 6 · 0.5 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $21,909ADR $142Occ ≈ 42%5★ (2)
Renovated Home - 3Bd/2Ba, Washer & Dryer
House · 3 bd · 2 ba · sleeps 6 · 1.6 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $52,578ADR $197Occ ≈ 73%5★ (183)
LUXE Modern getaway retreat
House · 3 bd · 1.5 ba · sleeps 6 · 2.0 mi
Revenue $10,293ADR $155Occ ≈ 18%4.8★ (7)
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Redding retreat for Large Family / Entire house House
| 4 bd · 2 ba · sleeps 8 | $37,145 | $227 | 45% | 5★ (123) | 492 ft | Airbnb |
GHouse@ Lilac | Redding (Airport) Her.Hauspitality House
| 3 bd · 2 ba · sleeps 6 | $21,909 | $142 | 42% | 5★ (2) | 0.5 mi | Airbnb |
Renovated Home - 3Bd/2Ba, Washer & Dryer House
| 3 bd · 2 ba · sleeps 6 | $52,578 | $197 | 73% | 5★ (183) | 1.6 mi | Airbnb |
Evergreen Retreat | Spacious + family friendly House
| 5 bd · 2.5 ba · sleeps 12 | $90,751 | $552 | 45% | 4.8★ (34) | 1.7 mi | AirbnbVrbo |
LUXE Modern getaway retreat House | 3 bd · 1.5 ba · sleeps 6 | $10,293 | $155 | 18% | 4.8★ (7) | 2.0 mi | Delisted |
*Oasis Place* game room • heated pool • hot tub House
| 5 bd · 3 ba · sleeps 12 | $126,425 | $599 | 58% | 4.9★ (259) | 2.0 mi | AirbnbVrbo |
The W Resort Outdoor Kitchen Pool Hot Tub Oasis House
| 4 bd · 2.5 ba · sleeps 10 | $135,416 | $615 | 60% | 4.8★ (37) | 2.1 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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium
Est. revenue
$61,123
NOI
$31,805
Cash flow /mo
-$1
Cash needed
$160,750
Cash-on-cash
-0.0%
ROE (yr 1)
10.7%
Cap rate
6.7%
DSCR
1.00
Year-1 write-off
$93,972
Year-1 tax shield @ 32%
$30,071
Year-1 return on equity
- Cash flow (annual)-$12
- Principal paydown$2,889
- Appreciation at%$14,250
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)$12,225
- Platform fees (3% of revenue)$1,834
- Maintenance / capex (5% of revenue)$3,056
- Utilities & supplies$4,200
- HOA$0
- Property tax$5,938
- Insurance (STR-rated)$2,779
Cash needed to close
- Down payment (25%)$118,750
- Closing costs (4.0%)$19,000
- Furnishing (bought new)$23,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$30,071
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
$388,000
Short-life (5/15-yr)
$71,000 · 18%
Year-1 deduction
$94,000
Year-1 tax shield @ 32%
$30,000
Land 18% (county tax record, assessed value split) · building $317,000 over 39 years · new furniture $23,000
Based on: 1,850 sq ft, built 2018, 4 bd / 2 ba, unfurnished, listing features (fireplace, stone counters, flooring types).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $69,000 in year 1 (12% short-life, $22,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $9,400
Kitchen cabinetsdefault
$9,900 new × 68% good × 1.40 allocation
- $9,600
Kitchen countertops (stone)listing
$10,100 new × 68% good × 1.40 allocation
- $3,100
Decorative trimdefault
$3,200 new × 68% good × 1.40 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.40 allocation
- $1,400
Shelvingdefault
$1,500 new × 68% good × 1.40 allocation
- $2,700
Window coverings (19)default
$4,800 new × 40% good × 1.40 allocation
- $3,300
Carpet, vinyl & laminate (50% of floors)listing
$6,000 new × 40% good × 1.40 allocation
- $9,000
Kitchen & laundry equipment plumbingdefault
$7,700 new × 84% good × 1.40 allocation
- $5,400
Kitchen, laundry & data equipment electricaldefault
$4,600 new × 84% good × 1.40 allocation
- $4,500
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 1.40 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $10,600
Paving: driveway & walks (paved)default
$11,100 new × 68% good × 1.40 allocation
- $8,200
Landscaping (typical)default
$8,600 new × 68% good × 1.40 allocation
- $1,700
Patiosdefault
$1,800 new × 68% good × 1.40 allocation
- $1,500
Decks & porches (attached)default
$1,800 new × 60% good × 1.40 allocation
- $242,800
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$200,300 new × 87% good × 1.40 allocation
- $24,400
Building plumbing & fixturesdefault
$20,800 new × 84% good × 1.40 allocation
- $24,300
Building electrical & lightingdefault
$20,700 new × 84% good × 1.40 allocation
- $17,500
HVACdefault
$20,800 new × 60% good × 1.40 allocation
- $5,700
Hardwood & tile floorsdefault
$6,000 new × 68% good × 1.40 allocation
- $2,500
Fireplacelisting
$2,600 new × 68% good × 1.40 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $71,600 | $22,000 | $300 | $94,000 |
| 2 | $0 | $0 | $8,100 | $8,100 |
| 3 | $0 | $0 | $8,100 | $8,100 |
| 4 | $0 | $0 | $8,100 | $8,100 |
| 5 | $0 | $0 | $8,100 | $8,100 |
| 6+ | $0 | $0 | $284,400 | $284,400 |
| Total | $71,600 | $22,000 | $317,300 | $410,900 |
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.