19565 San Vincente Dr
Redding, CA 96003
$1,169,000
5 bd · 4.5 ba · 4,355 sqft · Listed 15d ago
View on Realtor.com →Year built
2005
Sqft
4,355
Lot sqft
29,621
HOA / mo
$125
Furnished
No
List date
2026-09-14T20:48:46.000000Z
Revenue
Annual revenue
$52,639
ADR
$342
Occupancy
42%
Cleaning fees (12 mo)
$9,794
Confidence
Low (27.38), 5 comps
Comp revenue range (p25 / median / p75)
Bear Mountain Retreat House
House · 5 bd · 3.5 ba · sleeps 13 · 1.1 mi
Revenue $31,854ADR $577Occ ≈ 15%5★ (8)
The Shed On Sunrise
Vacation home · 5 bd · 3 ba · sleeps 6 · 2.1 mi
Revenue $13,387ADR $286Occ ≈ 13%4.8★ (2)
The Shed on Sunrise
House · 4 bd · 3 ba · sleeps 6 · 2.1 mi
Revenue $16,596ADR $183Occ ≈ 25%5★ (15)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Bear Mountain Retreat House House | 5 bd · 3.5 ba · sleeps 13 | $31,854 | $577 | 15% | 5★ (8) | 1.1 mi | Airbnb |
Stunning Cabin Minutes From Shasta Lake Cabin | 4 bd · 2.5 ba · sleeps 12 | $71,946 | $353 | 56% | 4.8★ (152) | 1.6 mi | AirbnbVrboBooking |
*Boat parking *Pool *Hot Tub *3000 sq ft House | 4 bd · 3.5 ba · sleeps 12 | $78,708 | $372 | 58% | 4.9★ (74) | 1.8 mi | AirbnbVrbo |
The Shed On Sunrise Vacation home | 5 bd · 3 ba · sleeps 6 | $13,387 | $286 | 13% | 4.8★ (2) | 2.1 mi | Booking |
The Shed on Sunrise House | 4 bd · 3 ba · sleeps 6 | $16,596 | $183 | 25% | 5★ (15) | 2.1 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 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$52,639
NOI
$12,502
Cash flow /mo
-$5,257
Cash needed
$365,510
Cash-on-cash
-17.3%
ROE (yr 1)
-5.6%
Cap rate
1.1%
DSCR
0.17
Year-1 write-off
$251,376
Year-1 tax shield @ 32%
$80,440
Year-1 return on equity
- Cash flow (annual)-$63,090
- Principal paydown$7,650
- Appreciation at%$35,070
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$10,528
- Platform fees (3% of revenue)$1,579
- Maintenance / capex (5% of revenue)$2,632
- Utilities & supplies$4,200
- HOA$1,500
- Property tax$14,613
- Insurance (STR-rated)$6,839
Cash needed to close
- Down payment (25%)$292,250
- Closing costs (4.0%)$46,760
- Furnishing (bought new)$26,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$80,440
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
$1,044,000
Short-life (5/15-yr)
$222,000 · 21%
Year-1 deduction
$251,000
Year-1 tax shield @ 32%
$80,000
Land 11% (county tax record, assessed value split) · building $821,000 over 39 years · new furniture $27,000
Based on: 4,355 sq ft, built 2005, 5 bd / 4.5 ba, unfurnished, listing features (hot tub, pool, patio, fireplace, flooring types).
IRS-guide safe-harbor floor: $216,000 in year 1 (18% short-life, $69,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $12,700
Kitchen cabinetsdefault
$15,300 new × 40% good × 2.08 allocation
- $10,400
Kitchen countertopsdefault
$12,600 new × 40% good × 2.08 allocation
- $6,300
Decorative trimdefault
$7,600 new × 40% good × 2.08 allocation
- $500
Mirrorsdefault
$600 new × 40% good × 2.08 allocation
- $1,500
Shelvingdefault
$1,800 new × 40% good × 2.08 allocation
- $9,100
Window coverings (44)default
$11,000 new × 40% good × 2.08 allocation
- $5,800
Carpet, vinyl & laminate (25% of floors)listing
$7,000 new × 40% good × 2.08 allocation
- $14,400
Kitchen & laundry equipment plumbingdefault
$11,900 new × 58% good × 2.08 allocation
- $8,700
Kitchen, laundry & data equipment electricaldefault
$7,200 new × 58% good × 2.08 allocation
- $6,700
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.08 allocation
- $26,500
Furniture bought newlisting
$26,500 new × 100% good · bought separately
- $14,200
Paving: driveway & walks (paved)default
$13,700 new × 50% good × 2.08 allocation
- $13,700
Landscaping (typical)default
$13,200 new × 50% good × 2.08 allocation
- $20,300
Patioslisting
$19,600 new × 50% good × 2.08 allocation
- $4,500
Decks & porches (attached)default
$4,300 new × 50% good × 2.08 allocation
- $25,900
Hot tub (in-ground)listing
$25,000 new × 50% good × 2.08 allocation
- $67,400
Pool (in-ground)listing
$65,000 new × 50% good × 2.08 allocation
- $638,600
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$473,400 new × 65% good × 2.08 allocation
- $59,200
Building plumbing & fixturesdefault
$49,200 new × 58% good × 2.08 allocation
- $63,200
Building electrical & lightingdefault
$52,500 new × 58% good × 2.08 allocation
- $40,700
HVACdefault
$49,100 new × 40% good × 2.08 allocation
- $17,400
Hardwood & tile floorsdefault
$21,000 new × 40% good × 2.08 allocation
- $2,200
Fireplacelisting
$2,600 new × 40% good × 2.08 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $102,700 | $146,000 | $2,600 | $251,400 |
| 2 | $0 | $0 | $21,100 | $21,100 |
| 3 | $0 | $0 | $21,100 | $21,100 |
| 4 | $0 | $0 | $21,100 | $21,100 |
| 5 | $0 | $0 | $21,100 | $21,100 |
| 6+ | $0 | $0 | $734,500 | $734,500 |
| Total | $102,700 | $146,000 | $821,300 | $1,070,100 |
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 and Georgia 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.