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Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium

1009 Sugarloaf Blvd

1009 Sugarloaf Blvd

Big Bear City, CA 92314

$429,000

2 bd · 1 ba · 896 sqft · Listed 1d ago

View on Realtor.com →
Negative cash flow

Year built

1978

Sqft

896

Lot sqft

4,792

HOA / mo

$0

Furnished

Yes

List date

2026-10-07T16:34:01.000000Z

Revenue

Annual revenue

$26,415

ADR

$175

Occupancy

41%

Cleaning fees (12 mo)

$5,582

Confidence

Low (46.93), 49 comps

Comp revenue range (p25 / median / p75)

$13,864$25,049$30,836

Median revenue of shown comps: $25,146

  • 2 Miles to Ski Resorts

    Cabin · 2 bd · 1 ba · sleeps 6 · 30 ft

    Revenue $13,632ADR $181Occ ≈ 21%4.4★ (9)

    Airbnb

  • 2 Mi to Big Bear Lake: Family-Friendly Cabin

    Cabin · 2 bd · 1 ba · sleeps 6 · 33 ft

    Revenue $28,795ADR $189Occ ≈ 42%4.8★ (52)

    AirbnbBooking

  • Cozy 2 Bedroom Cabin in Big Bear City

    Cabin · 2 bd · 1 ba · sleeps 5 · 46 ft

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

    Revenue $24,975ADR $175Occ ≈ 39%4.8★ (52)

    AirbnbVrbo

  • Cozy Cabin w/ Deck & Fireplace in Big Bear!

    Cabin · 2 bd · 1 ba · sleeps 6 · 62 ft

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

    Revenue $23,686ADR $187Occ ≈ 35%4.5★ (104)

    AirbnbVrboBooking

  • KING Bed • SPA • BBQ • Fire Pit

    House · 2 bd · 2 ba · sleeps 4 · 92 ft

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

    Revenue $42,804ADR $224Occ ≈ 52%5★ (57)

    Airbnb

  • KING Bed + Fire Pit + Spa+ Coffee Bar + Private driveway + Centrally located

    Cabin · 2 bd · 2 ba · sleeps 5 · 92 ft

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

    Revenue $47,822ADR $283Occ ≈ 46%5★ (2)

    Vrbo

  • Private Hot Tub | Fireplace + Fenced Yard

    Cabin · 2 bd · 1 ba · sleeps 6 · 108 ft

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +1

    Revenue $19,560ADR $325Occ ≈ 16%5★ (21)

    AirbnbVrboBooking

  • Bearfoot Bungalow

    Cabin · 2 bd · 1 ba · sleeps 4 · 194 ft

    Revenue $8,552ADR $88Occ ≈ 27%—

    Airbnb

  • EACH Pine Retreat- Lg Fenced Yard, EV Hook-up

    Cabin · 2 bd · 1 ba · sleeps 6 · 197 ft

    Revenue $26,799ADR $127Occ ≈ 58%4.9★ (181)

    Airbnb

  • Walk to Oktoberfest • BBQ • Hot tub • Fire pit • Pets OK

    Cabin · 2 bd · 1 ba · sleeps 6 · 223 ft

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $34,504ADR $265Occ ≈ 36%4.9★ (68)

    AirbnbVrboBooking

Show 38 more
  • Cozy, Modern, Fenced; Romantic/Family. Walk 2 Lake

    Cabin · 2 bd · 1 ba · sleeps 6 · 236 ft

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +2

    Revenue $27,521ADR $149Occ ≈ 51%5★ (85)

    AirbnbVrbo

  • Cozy Family Cabin

    Cabin · 2 bd · 1 ba · sleeps 8 · 305 ft

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $4,115ADR $169Occ ≈ 7%5★ (2)

    Airbnb

  • Cabin near Ski Slopes, Big Bear Snow Play & Lake

    Cabin · 2 bd · 1 ba · sleeps 6 · 322 ft

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +1

    Revenue $11,570ADR $274Occ ≈ 12%4.7★ (198)

    Airbnb

  • Robinhood Chalet Cottage at Big Bear Lake

    Cabin · 2 bd · 1 ba · sleeps 6 · 335 ft

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

    Revenue $26,442ADR $403Occ ≈ 18%4.7★ (17)

    AirbnbVrboBooking

  • Robinhood Chalet Cottage at Big Bear Lake

    Vacation home · 2 bd · 1 ba · sleeps 6 · 335 ft

    Revenue $51,679ADR $560Occ ≈ 25%—

    Booking

  • PonderosaHaus

    House · 2 bd · 1 ba · sleeps 4 · 358 ft

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

    Revenue $29,261ADR $192Occ ≈ 42%5★ (126)

    AirbnbVrbo

  • Snug and Cozy Little Cabin

    Cabin · 2 bd · 1 ba · sleeps 5 · 364 ft

    Revenue $22,398ADR $203Occ ≈ 30%5★ (215)

    Delisted

  • AC*Walk 2 Lake, Go-Karts*Dining+Fenced Yard 4 Pet!

    Cabin · 2 bd · 1 ba · sleeps 6 · 371 ft

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

    Revenue $25,242ADR $224Occ ≈ 31%5★ (123)

    AirbnbVrbo

  • Cozy A-Frame Cabin w/ Fireplace, Jet Tub & BBQ

    Cabin · 2 bd · 1 ba · sleeps 6 · 387 ft

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +1

    Revenue $22,699ADR $286Occ ≈ 22%3.9★ (12)

    AirbnbVrboBooking

  • Spacious, warm cabin! Next to tubing park!

    Cabin · 2 bd · 1.5 ba · sleeps 8 · 387 ft

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $23,108ADR $316Occ ≈ 20%4.8★ (90)

    Airbnb

  • Dreamy Cottage, fireplace, spa, pets ok, sleeps 8

    Cabin · 2 bd · 1 ba · sleeps 8 · 390 ft

    Revenue $43,901ADR $221Occ ≈ 54%4.7★ (9)

    Airbnb

  • La Cabañita

    Cabin · 2 bd · 1 ba · sleeps 6 · 404 ft

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

    Revenue $8,428ADR $262Occ ≈ 9%4.9★ (13)

    Airbnb

  • Cozy Cabin w Spa, Fenced Yard, Walk to SnowPlay

    Cabin · 2 bd · 1 ba · sleeps 6 · 413 ft

    Revenue $42,526ADR $258Occ ≈ 45%4.8★ (106)

    AirbnbBooking

  • Hummingbird Haven, Cozy, Jacuzzi, Firepit!

    Cabin · 2 bd · 1 ba · sleeps 6 · 495 ft

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

    Revenue $5,616ADR $223Occ ≈ 7%5★ (4)

    Airbnb

  • Walk To Snow Play Spa Fenced Yard

    Vacation home · 2 bd · 1 ba · sleeps 6 · 0.1 mi

    Revenue $30,836ADR $178Occ ≈ 47%—

    Booking

  • Robinhood Lodge | 5 min to slopes & lake

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.1 mi

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

    Revenue $1,937ADR $176Occ ≈ 3%5★ (5)

    Airbnb

  • Walk To Conv Center • Fire Pit • BBQ • EV Charger

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

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

    Revenue $25,049ADR $238Occ ≈ 29%5★ (179)

    Airbnb

  • Cozy Cabin/8 min 2 The Village Shops

    Cabin · 2 bd · 1.5 ba · sleeps 5 · 0.1 mi

    • Free parking
    • Wifi
    • Kitchen

    Revenue $31,862ADR $222Occ ≈ 39%5★ (176)

    AirbnbVrboBooking

  • Lazy Bear Cabin, one block away from Snow Play.

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

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

    Revenue $30,656ADR $280Occ ≈ 30%5★ (290)

    Airbnb

  • Cozy Cabin! Huge Fenced Yard & Convenient Location

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

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

    Revenue $27,423ADR $219Occ ≈ 34%4.7★ (154)

    AirbnbVrbo

  • Navigate Stays Hot Tub Nights & Cozy Fire Vibes

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

    Revenue $13,864ADR $277Occ ≈ 14%4.4★ (15)

    Delisted

  • Cozy Spa Cabin - 2 Min Walk 2 Snow Play & WiFi

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

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

    Revenue $52,896ADR $189Occ ≈ 77%4.3★ (104)

    AirbnbVrbo

  • Juniper Revival: Retro king beds + jacuzzi getaway

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

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

    Revenue $28,706ADR $362Occ ≈ 22%4.9★ (320)

    Airbnb

  • Casa del Oso | Close to Skiing, Lake & Village

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

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

    Revenue $23,835ADR $288Occ ≈ 23%4.9★ (95)

    Airbnb

  • Mountain Lane Retreat- Close to Family Fun!

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

    Revenue $30,637ADR $209Occ ≈ 40%5★ (5)

    AirbnbBooking

  • Close to lake/slopes 2B 1B Pets LRG Fenced Yard

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

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +2

    Revenue $22,415ADR $223Occ ≈ 28%5★ (10)

    Airbnb

  • New! Bearadise ~Walk to Convention Center

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.1 mi

    Revenue $34,003ADR $141Occ ≈ 66%4.3★ (36)

    Airbnb

  • Big Bear Escape: Cozy Fireplace! Dine Al Fresco!

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

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $248ADR $248Occ ≈ 0%5★ (2)

    AirbnbVrbo

  • Cozy cabin short walk to Wyatt's Grill and Saloon

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

    Revenue $19,588ADR $117Occ ≈ 46%5★ (114)

    AirbnbVrbo

  • Rainbow Retreat 2 Bedroom 1 Bath Free WiFi

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

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

    Revenue $41,962ADR $317Occ ≈ 36%4.8★ (148)

    AirbnbVrbo

  • Cozy romantic or family getaway.

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

    • Free parking
    • Pets OK
    • Kitchen
    • Fireplace

    Revenue $18,432ADR $139Occ ≈ 36%4.8★ (361)

    Airbnb

  • Huge Fully Fenced Yard w/Playground

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

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

    Revenue $30,467ADR $244Occ ≈ 34%4.9★ (96)

    Airbnb

  • Navigate Stays Hot Tub Nights & Cozy Fire Vibes

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

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

    Revenue $18,658ADR $342Occ ≈ 15%4.2★ (6)

    AirbnbVrboBooking

  • Sherwood Cabin-2bed+Loft

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

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $9,557ADR $325Occ ≈ 8%4.3★ (10)

    AirbnbVrbo

  • Cozy Family Cabin, Near Zoo, Lake, Snow Play & Spa

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

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

    Revenue $45,803ADR $219Occ ≈ 57%5★ (81)

    Airbnb

  • Walk to Oktoberfest/SPA w/Light Shows/Fenced Deck

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

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

    Revenue $10,905ADR $303Occ ≈ 10%5★ (15)

    AirbnbVrboBooking

  • PikkuBear: Spa, Arcade, FencedYard, Firepit

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

    Revenue $31,897ADR $271Occ ≈ 32%4.7★ (90)

    Airbnb

  • Big Bear Yellow Tulip

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

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +1

    Revenue $5,646ADR $198Occ ≈ 8%4.6★ (69)

    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

Financing
Management
Term

Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium

Est. revenue

$26,415

NOI

$7,912

Cash flow /mo

-$1,708

Cash needed

$124,410

Cash-on-cash

-16.5%

ROE (yr 1)

-4.0%

Cap rate

1.8%

DSCR

0.28

Year-1 write-off

$144,182

Year-1 tax shield @ 32%

$46,138

Year-1 return on equity

  • Cash flow (annual)-$20,500
  • Principal paydown$2,672
  • Appreciation at%$12,870
ROE-4.0%

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)$5,283
  • Platform fees (3% of revenue)$792
  • Maintenance / capex (5% of revenue)$1,321
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$5,363
  • Insurance (STR-rated)$2,188

Cash needed to close

  • Down payment (25%)$107,250
  • Closing costs (4.0%)$17,160
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$46,138

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

$344,000

Short-life (5/15-yr)

$144,000 · 42%

Year-1 deduction

$144,000

Year-1 tax shield @ 32%

$46,000

Land 20% (county tax record, assessed value split) · building $201,000 over 39 years

Based on: 896 sq ft, built 1978, 2 bd / 1 ba, furnished, listing features (hot tub, deck, fence, fireplace, flooring types).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $98,000 in year 1 (28% short-life, $31,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$87,000
  • Kitchen cabinetsdefault

    $7,800 new × 40% good × 3.91 allocation

    $12,100
  • Kitchen countertopsdefault

    $6,400 new × 40% good × 3.91 allocation

    $9,900
  • Decorative trimdefault

    $1,600 new × 40% good × 3.91 allocation

    $2,500
  • Mirrorsdefault

    $200 new × 40% good × 3.91 allocation

    $200
  • Shelvingdefault

    $900 new × 40% good × 3.91 allocation

    $1,400
  • Window coverings (9)default

    $2,300 new × 40% good × 3.91 allocation

    $3,500
  • Carpet, vinyl & laminate (100% of floors)listing

    $5,800 new × 40% good × 3.91 allocation

    $9,000
  • Kitchen & laundry equipment plumbingdefault

    $6,000 new × 40% good × 3.91 allocation

    $9,400
  • Kitchen, laundry & data equipment electricaldefault

    $3,700 new × 40% good × 3.91 allocation

    $5,700
  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default

    $8,100 new × 40% good × 3.91 allocation

    $12,700
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 3.91 allocation

    $14,100
  • Furniture conveyed with the sale (used)listing

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

    $6,400
15-year land improvements$57,000
  • Paving: driveway & walks (paved)default

    $6,200 new × 50% good × 3.91 allocation

    $12,100
  • Landscaping (typical)default

    $6,000 new × 50% good × 3.91 allocation

    $11,700
  • Patiosdefault

    $900 new × 50% good × 3.91 allocation

    $1,700
  • Decks & porches (attached)listing

    $10,100 new × 50% good × 3.91 allocation

    $19,700
  • Fencinglisting

    $6,000 new × 50% good × 3.91 allocation

    $11,700
Building, 39-year$200,500
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $96,900 new × 40% good × 3.91 allocation

    $151,500
  • Building plumbing & fixturesdefault

    $10,000 new × 40% good × 3.91 allocation

    $15,700
  • Building electrical & lightingdefault

    $8,600 new × 40% good × 3.91 allocation

    $13,500
  • HVACdefault

    $10,100 new × 40% good × 3.91 allocation

    $15,800
  • Fireplacelisting

    $2,600 new × 40% good × 3.91 allocation

    $4,100

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$87,000$57,000$200$144,200
2$0$0$5,100$5,100
3$0$0$5,100$5,100
4$0$0$5,100$5,100
5$0$0$5,100$5,100
6+$0$0$179,700$179,700
Total$87,000$57,000$200,500$344,500

The building's share of the price ($338,000) is 3.9x our depreciated replacement cost of the home ($86,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.

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.