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Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 15) + 0.75% investor premium

594 S Knight Ave

594 S Knight Ave

Big Bear Lake, CA 92315

$369,900

2 bd · 2 ba · Listed 1d ago

View on Realtor.com →
Negative cash flow

Year built

1946

Sqft

—

Lot sqft

5,000

HOA / mo

None

Furnished

Yes

List date

2026-10-17T16:10:26.000000Z

Revenue

Annual revenue

$34,917

ADR

$253

Occupancy

38%

Cleaning fees (12 mo)

$6,320

Confidence

Low (41.96), 48 comps

Comp revenue range (p25 / median / p75)

$20,810$30,165$40,772

Median revenue of shown comps: $29,529

  • The Village Glow~ modern cabin next to village!

    House · 2 bd · 2 ba · sleeps 5 · 112 ft

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $30,800ADR $325Occ ≈ 26%5★ (156)

    AirbnbVrbo

  • Lake view walk to lake, village or ski resort

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 138 ft

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $39,381ADR $196Occ ≈ 55%4.8★ (195)

    Airbnb

  • High Hopes hosted by Big Bear Cool Cabins

    Cabin · 2 bd · 2 ba · sleeps 5 · 272 ft

    Revenue $26,060ADR $247Occ ≈ 29%4.8★ (18)

    AirbnbBooking

  • Big Bear Lake Village Getaway

    Cabin · 2 bd · 2 ba · sleeps 4 · 305 ft

    • Free parking
    • Wifi
    • Kitchen
    • Washer

    Revenue $23,727ADR $233Occ ≈ 28%5★ (34)

    Airbnb

  • NEW Hot Tub, Walk to Lake/Village, Pool Table, BBQ

    Cabin · 2 bd · 1.5 ba · sleeps 5 · 367 ft

    Revenue $9,015ADR $446Occ ≈ 6%4.3★ (3)

    AirbnbBooking

  • Forest Cottage with Outdoor Jacuzzi and Picnic Space in California

    House · 2 bd · 2 ba · sleeps 4 · 374 ft

    • Pets OK
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $493ADR $246Occ ≈ 1%—

    Vrbo

  • Forest Cottage · Hot Tub · Firepit · Fenced Yard

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 374 ft

    • Hot tub
    • Pets OK
    • Wifi
    • Kitchen
    • +1

    Revenue $28,737ADR $242Occ ≈ 33%4.5★ (40)

    AirbnbVrboBooking

  • Village Cabin - EV & RV parking

    House · 2 bd · 1.5 ba · sleeps 5 · 463 ft

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +3

    Revenue $12,403ADR $322Occ ≈ 11%4.8★ (146)

    AirbnbVrbo

  • Marin Lodge, Near Slopes w/ Large Backyard, Pets

    House · 2 bd · 2 ba · sleeps 4 · 469 ft

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $10,772ADR $154Occ ≈ 19%5★ (1)

    AirbnbVrboBooking

  • Cozy Village Cabin- Near Snow Summit!

    Cabin · 2 bd · 2 ba · sleeps 6 · 499 ft

    Revenue $38,923ADR $188Occ ≈ 57%4.8★ (243)

    Delisted

Show 39 more
  • Cute & Cozy, Walk to The Village Shops and Lake!

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

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +3

    Revenue $20,688ADR $202Occ ≈ 28%5★ (84)

    AirbnbVrbo

  • Black Knight Cabin•Close to Summit•Walk to Village

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

    • Free parking
    • Wifi
    • Kitchen
    • Washer

    Revenue $35,833ADR $220Occ ≈ 45%4.8★ (217)

    AirbnbVrbo

  • Historic Log Cabin • AC • Hot Tub • EV Charger

    Cabin · 2 bd · 1 ba · sleeps 7 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $80,443ADR $304Occ ≈ 72%5★ (61)

    AirbnbVrbo

  • Backway Hideaway | Close to the Village!

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

    Revenue $32,666ADR $0Occ ≈ —4.8★ (19)

    AirbnbBooking

  • Sleep Inn - Ultra Clean Ultra Modern / C2

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $60,803ADR $351Occ ≈ 47%4.7★ (127)

    AirbnbVrbo

  • The Place Beyond The Pines - Two Bedroom / C6

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +3

    Revenue $63,440ADR $353Occ ≈ 49%4.7★ (321)

    AirbnbVrbo

  • Walk To Village Dog Friendly! Enjoy Big Bear Lake!

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

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $24,581ADR $410Occ ≈ 16%4.9★ (219)

    AirbnbVrbo

  • A Classic A-Frame Cabin | AC•Games•BBQ

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

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $67,807ADR $270Occ ≈ 69%5★ (65)

    AirbnbVrbo

  • Cedar & Stone | AC•Games•BBQ•Fire Pit

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

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $29,529ADR $188Occ ≈ 43%4.9★ (16)

    AirbnbVrbo

  • Cowboy Cabin~Walk to the Village

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

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $25,350ADR $291Occ ≈ 24%5★ (33)

    Airbnb

  • Walk To The Village! Cozy Fall Days In Big Bear!

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

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $25,731ADR $398Occ ≈ 18%5★ (84)

    Airbnb

  • The Ireland Lake House

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $46,231ADR $400Occ ≈ 32%5★ (46)

    AirbnbVrbo

  • Knight Sky Cabin - Walk to Lake & Village BBQ Deck

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

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $41,236ADR $223Occ ≈ 51%5★ (53)

    Airbnb

  • Big Bear Chalet

    House · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +3

    Revenue $36,810ADR $196Occ ≈ 51%4.8★ (175)

    Airbnb

  • Prime location near village and lake

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.1 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $29,177ADR $244Occ ≈ 33%4.9★ (132)

    Airbnb

  • Colorado Lodge / C4

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $69,712ADR $392Occ ≈ 49%4.8★ (196)

    AirbnbVrbo

  • Cozy 2B Cabin, Minutes from Village & Ski Resorts

    House · 2 bd · 1 ba · sleeps 5 · 0.1 mi

    • Free parking
    • Wifi
    • Kitchen

    Revenue $31,929ADR $149Occ ≈ 59%5★ (88)

    Airbnb

  • Oak Tree Retreat: Near Village! Spa! WiFi! BBQ!

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

    Revenue $17,479ADR $2,911Occ ≈ 2%4.3★ (57)

    Delisted

  • Applewood Cabin & Guest Cabin Near the Village

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

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $14,177ADR $247Occ ≈ 16%4.5★ (15)

    AirbnbVrboBooking

  • Walk to Village & Lake | Fireplace + Fenced Yard

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

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $25,124ADR $318Occ ≈ 22%4.8★ (60)

    AirbnbVrboBooking

  • Cabin Inn The Pines~w Spa~Walk to Village

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

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $21,175ADR $291Occ ≈ 20%4.9★ (36)

    Airbnb

  • Cozy Cabin Walk to Village! Hot Tub! Pets! Fenced!

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

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +2

    Revenue $34,473ADR $232Occ ≈ 41%4.5★ (34)

    AirbnbVrbo

  • Marin getaway #2013

    Vacation home · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $62,115ADR $360Occ ≈ 47%—

    Booking

  • Pet Friendly + Fenced Yard + Walk to Lake

    House · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen

    Revenue $4,929ADR $168Occ ≈ 8%5★ (3)

    AirbnbVrboBooking

  • Lovely 2-bedroom cozy cabin in center of Big Bear Lake, close to all attractions

    Cabin · 2 bd · 1.5 ba · sleeps 5 · 0.2 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $14,458ADR $269Occ ≈ 15%4.9★ (25)

    Vrbo

  • Village and Lake Escape - Walk to the Lake and Village

    Vacation home · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $43,086ADR $326Occ ≈ 36%3.5★ (1)

    Booking

  • Marin Getaway Retreat at Big Bear Village

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

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $43,789ADR $294Occ ≈ 41%4.6★ (81)

    AirbnbVrboBooking

  • Grandpas axe # 1775

    Vacation home · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $37,468ADR $335Occ ≈ 31%—

    Booking

  • Grandpas Axe Village Retreat w/ Hot Tub

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

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $31,413ADR $347Occ ≈ 25%4.3★ (79)

    AirbnbVrboBooking

  • Walk to the Village | Hot tub+Fenced Yard

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

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $73,147ADR $243Occ ≈ 82%5★ (314)

    Airbnb

  • Tree House rent monthly

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

    • A/C
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $34,274ADR $134Occ ≈ 70%5★ (1)

    AirbnbVrbo

  • Moulin rouge #2055

    Vacation home · 2 bd · 1 ba · sleeps 5 · 0.2 mi

    Revenue $65,048ADR $496Occ ≈ 36%5★ (1)

    Booking

  • Moulin Rouge Village Retreat w/ Hot Tub

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

    Revenue $53,704ADR $479Occ ≈ 31%4.3★ (67)

    AirbnbBooking

  • Beach’n in the woodsBy Ski Resorts,Lake & Village

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

    Revenue $10,036ADR $0Occ ≈ —4.7★ (403)

    Delisted

  • Walk to the Village ~ Yellow Pine Lodge

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

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $12,745ADR $316Occ ≈ 11%5★ (27)

    Airbnb

  • Storybook Lake Cottage - 12 min walk to Village

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

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $24,289ADR $300Occ ≈ 22%4.9★ (41)

    AirbnbVrbo

  • 10-Min Walk to Village | Fireplace + Foosball

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.2 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +2

    Revenue $12,075ADR $217Occ ≈ 15%4.7★ (32)

    AirbnbVrboBooking

  • Walk to Village & Lake | Hot Tub + Arcade

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

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +2

    Revenue $29,163ADR $231Occ ≈ 35%4.5★ (21)

    AirbnbVrbo

  • Walk to Village & Lake | Wood Fireplace

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

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $10,519ADR $211Occ ≈ 14%4.3★ (54)

    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
Management
Term

Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 15) + 0.75% investor premium

Est. revenue

$34,917

NOI

$14,985

Cash flow /mo

-$816

Cash needed

$107,271

Cash-on-cash

-9.1%

ROE (yr 1)

3.3%

Cap rate

4.1%

DSCR

0.60

Year-1 write-off

$76,730

Year-1 tax shield @ 32%

$24,554

Year-1 return on equity

  • Cash flow (annual)-$9,792
  • Principal paydown$2,249
  • Appreciation at%$11,097
ROE3.3%

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)$6,983
  • Platform fees (3% of revenue)$1,048
  • Maintenance / capex (5% of revenue)$1,746
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$4,818
  • Insurance (STR-rated)$1,886

Cash needed to close

  • Down payment (25%)$92,475
  • Closing costs (4.0%)$14,796
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$24,554

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

$297,000

Short-life (5/15-yr)

$76,000 · 26%

Year-1 deduction

$77,000

Year-1 tax shield @ 32%

$25,000

Land 20% (county tax record, assessed value split) · building $221,000 over 39 years

Based on: ~1,400 sq ft (from beds), built 1946, 2 bd / 2 ba, furnished, listing features (fireplace, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $54,000 in year 1 (18% short-life, $17,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$52,400
  • Kitchen cabinetsdefault

    $8,900 new × 40% good × 2.67 allocation

    $9,500
  • Kitchen countertopsdefault

    $7,300 new × 40% good × 2.67 allocation

    $7,800
  • Decorative trimdefault

    $2,500 new × 40% good × 2.67 allocation

    $2,600
  • Mirrorsdefault

    $300 new × 40% good × 2.67 allocation

    $300
  • Shelvingdefault

    $900 new × 40% good × 2.67 allocation

    $1,000
  • Window coverings (14)default

    $3,500 new × 40% good × 2.67 allocation

    $3,700
  • Carpet, vinyl & laminate (40% of floors)default

    $3,600 new × 40% good × 2.67 allocation

    $3,900
  • Kitchen & laundry equipment plumbingdefault

    $6,900 new × 40% good × 2.67 allocation

    $7,400
  • Kitchen, laundry & data equipment electricaldefault

    $4,200 new × 40% good × 2.67 allocation

    $4,500
  • Appliances (range, microwave, disposal, refrigerator)listing

    $5,100 new × 40% good × 2.67 allocation

    $5,500
  • Furniture conveyed with the sale (used)listing

    $16,000 new × 40% good · out of the price

    $6,400
15-year land improvements$24,000
  • Paving: driveway & walks (paved)default

    $7,800 new × 50% good × 2.67 allocation

    $10,400
  • Landscaping (typical)default

    $7,500 new × 50% good × 2.67 allocation

    $10,000
  • Patiosdefault

    $1,400 new × 50% good × 2.67 allocation

    $1,800
  • Decks & porches (attached)default

    $1,400 new × 50% good × 2.67 allocation

    $1,800
Building, 39-year$220,700
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $151,800 new × 40% good × 2.67 allocation

    $162,300
  • Building plumbing & fixturesdefault

    $15,700 new × 40% good × 2.67 allocation

    $16,800
  • Building electrical & lightingdefault

    $15,000 new × 40% good × 2.67 allocation

    $16,100
  • HVACdefault

    $15,800 new × 40% good × 2.67 allocation

    $16,900
  • Hardwood & tile floorsdefault

    $5,400 new × 40% good × 2.67 allocation

    $5,800
  • Fireplacelisting

    $2,600 new × 40% good × 2.67 allocation

    $2,800

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$52,400$24,000$200$76,700
2$0$0$5,700$5,700
3$0$0$5,700$5,700
4$0$0$5,700$5,700
5$0$0$5,700$5,700
6+$0$0$197,800$197,800
Total$52,400$24,000$220,700$297,200

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

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.