19645 San Vincente Dr
Redding, CA 96003
$750,000
4 bd · 3 ba · 2,609 sqft · Listed 25d ago
View on Realtor.com →Year built
2002
Sqft
2,609
Lot sqft
52,272
HOA / mo
$145
Furnished
No
List date
2026-09-04T14:54:17.000000Z
Revenue
Annual revenue
$42,481
ADR
$228
Occupancy
51%
Cleaning fees (12 mo)
$7,464
Confidence
Low (19.01), 13 comps
Comp revenue range (p25 / median / p75)
Bear Mountain Retreat House
House · 5 bd · 3.5 ba · sleeps 13 · 0.9 mi
Revenue $31,854ADR $577Occ ≈ 15%5★ (8)
15 min from beautiful Shasta Lake. With lots of wildlife on gorgeous property.
House · 3 bd · 2 ba · sleeps 6 · 1.1 mi
Revenue $2,923ADR $0Occ ≈ ——
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Hot Tub, Dog-Friendly Yard! 3-Acre Redding Retreat House | 3 bd · 2 ba · sleeps 9 | $45,702 | $239 | 52% | 4.7★ (21) | 0.8 mi | AirbnbVrboBooking |
Bear Mountain Retreat House House | 5 bd · 3.5 ba · sleeps 13 | $31,854 | $577 | 15% | 5★ (8) | 0.9 mi | Airbnb |
Romantic Farmhouse 10 min. to Shasta Lake . House | 3 bd · 2 ba · sleeps 9 | $544 | $272 | 1% | 4.5★ (6) | 0.9 mi | AirbnbVrbo |
Beautiful Country House. House | 3 bd · 2 ba · sleeps 8 | $57,981 | $289 | 55% | 4.9★ (148) | 1.0 mi | AirbnbVrbo |
Redding Retreat Ranch House | 3 bd · 2.5 ba · sleeps 10 | $82,274 | $520 | 43% | 4.9★ (223) | 1.0 mi | AirbnbVrbo |
15 min from beautiful Shasta Lake. With lots of wildlife on gorgeous property. House | 3 bd · 2 ba · sleeps 6 | $2,923 | $0 | — | — | 1.1 mi | Vrbo |
Hot Tub, Dock, Game Room, Playset and Fire Pits! House | 3 bd · 2.5 ba · sleeps 8 | $624 | $312 | 1% | — | 1.4 mi | AirbnbVrbo |
‘Mtn Gate Guest House’ ~ 6 Mi to Shasta Lake! House | 3 bd · 2 ba · sleeps 5 | $27,196 | $213 | 35% | 5★ (43) | 1.6 mi | AirbnbVrboBooking |
Stunning Cabin Minutes From Shasta Lake Cabin | 4 bd · 2.5 ba · sleeps 12 | $71,946 | $353 | 56% | 4.8★ (152) | 1.8 mi | AirbnbVrboBooking |
Shasta House House | 3 bd · 2 ba · sleeps 6 | $45,043 | $189 | 65% | 5★ (86) | 1.9 mi | Airbnb |
Show all 13 comps
The Shed On Sunrise
Vacation home · 5 bd · 3 ba · sleeps 6 · 2.0 mi
Revenue $13,387ADR $286Occ ≈ 13%4.8★ (2)
The Shed on Sunrise
House · 4 bd · 3 ba · sleeps 6 · 2.0 mi
Revenue $16,596ADR $183Occ ≈ 25%5★ (15)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
The Shed On Sunrise Vacation home | 5 bd · 3 ba · sleeps 6 | $13,387 | $286 | 13% | 4.8★ (2) | 2.0 mi | Booking |
*Boat parking *Pool *Hot Tub *3000 sq ft House | 4 bd · 3.5 ba · sleeps 12 | $78,708 | $372 | 58% | 4.9★ (74) | 2.0 mi | AirbnbVrbo |
The Shed on Sunrise House | 4 bd · 3 ba · sleeps 6 | $16,596 | $183 | 25% | 5★ (15) | 2.0 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
Est. revenue
$42,481
NOI
$12,009
Cash flow /mo
$1,001
Cash needed
$803,000
Cash-on-cash (all cash)
1.5%
ROE (yr 1)
4.3%
Cap rate
1.6%
DSCR
—
Year-1 write-off
$133,150
Year-1 tax shield @ 32%
$42,608
Year-1 return on equity
- Cash flow (annual)$12,009
- Principal paydown (n/a, cash)$0
- Appreciation at%$22,500
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$8,496
- Platform fees (3% of revenue)$1,274
- Maintenance / capex (5% of revenue)$2,124
- Utilities & supplies$4,200
- HOA$1,740
- Property tax$9,375
- Insurance (STR-rated)$4,388
Cash needed to close
- Purchase price (all cash)$750,000
- Closing costs (4.0%)$30,000
- Furnishing (bought new)$23,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$42,608
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
$613,000
Short-life (5/15-yr)
$109,000 · 18%
Year-1 deduction
$133,000
Year-1 tax shield @ 32%
$43,000
Land 18% (county tax record, assessed value split) · building $504,000 over 39 years · new furniture $23,000
Based on: 2,609 sq ft, built 2002, 4 bd / 3 ba, unfurnished, listing features (patio, flooring types).
IRS-guide safe-harbor floor: $105,000 in year 1 (13% short-life, $33,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $10,700
Kitchen cabinetsdefault
$11,500 new × 40% good × 2.33 allocation
- $8,800
Kitchen countertopsdefault
$9,400 new × 40% good × 2.33 allocation
- $4,300
Decorative trimdefault
$4,600 new × 40% good × 2.33 allocation
- $400
Mirrorsdefault
$500 new × 40% good × 2.33 allocation
- $1,400
Shelvingdefault
$1,500 new × 40% good × 2.33 allocation
- $6,100
Window coverings (26)default
$6,500 new × 40% good × 2.33 allocation
- $7,800
Carpet, vinyl & laminate (50% of floors)listing
$8,400 new × 40% good × 2.33 allocation
- $10,900
Kitchen & laundry equipment plumbingdefault
$9,000 new × 52% good × 2.33 allocation
- $6,600
Kitchen, laundry & data equipment electricaldefault
$5,400 new × 52% good × 2.33 allocation
- $7,600
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.33 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $15,400
Paving: driveway & walks (paved)default
$13,200 new × 50% good × 2.33 allocation
- $11,900
Landscaping (typical)default
$10,200 new × 50% good × 2.33 allocation
- $13,700
Patioslisting
$11,700 new × 50% good × 2.33 allocation
- $3,000
Decks & porches (attached)default
$2,600 new × 50% good × 2.33 allocation
- $396,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$283,100 new × 60% good × 2.33 allocation
- $35,700
Building plumbing & fixturesdefault
$29,400 new × 52% good × 2.33 allocation
- $36,800
Building electrical & lightingdefault
$30,300 new × 52% good × 2.33 allocation
- $27,400
HVACdefault
$29,400 new × 40% good × 2.33 allocation
- $7,800
Hardwood & tile floorsdefault
$8,400 new × 40% good × 2.33 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $87,500 | $44,000 | $1,600 | $133,200 |
| 2 | $0 | $0 | $12,900 | $12,900 |
| 3 | $0 | $0 | $12,900 | $12,900 |
| 4 | $0 | $0 | $12,900 | $12,900 |
| 5 | $0 | $0 | $12,900 | $12,900 |
| 6+ | $0 | $0 | $450,700 | $450,700 |
| Total | $87,500 | $44,000 | $504,000 | $635,500 |
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.