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Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium

701 Villa Grv

701 Villa Grv

Big Bear City, CA 92314

$615,000

4 bd · 2 ba · 1,443 sqft · Listed 19d ago

View on Realtor.com →
Rental historyEst. land %Negative cash flow

Year built

1979

Sqft

1,443

Lot sqft

7,200

HOA / mo

None

Furnished

No

List date

2026-09-10T21:39:06Z

Revenue

Annual revenue

$50,118

ADR

$383

Occupancy

36%

Cleaning fees (12 mo)

$9,871

Confidence

Med (52.34), 48 comps

Comp revenue range (p25 / median / p75)

$35,669$42,228$55,632
  • New! Bearadise ~ Chic Mountain Retreat

    Cabin · 4 bd · 3 ba · sleeps 10 · 361 ft

    Revenue $59,669ADR $0Occ ≈ —4.8★ (6)

    Airbnb

  • Rustic Bear Mountain Retreat • Large Deck • Spa

    Cabin · 4 bd · 2.5 ba · sleeps 10 · 394 ft

    Revenue $40,733ADR $387Occ ≈ 29%4.8★ (30)

    AirbnbVrbo

  • Central AC | Firepit | PoolTable | Airhockey | Spa

    Cabin · 4 bd · 3 ba · sleeps 10 · 420 ft

    Revenue $93,190ADR $447Occ ≈ 57%4.9★ (198)

    AirbnbVrbo

  • A-frame, Hot Tub, Game Room, Fireplace, Deck, View

    Cabin · 4 bd · 3 ba · sleeps 8 · 0.1 mi

    Revenue $79,717ADR $486Occ ≈ 45%5★ (141)

    Airbnb

  • Moonlit Chalet: Hot Tub, Huge Deck w/ Fire Pit.

    Cabin · 4 bd · 2.5 ba · sleeps 10 · 0.1 mi

    Revenue $62,078ADR $777Occ ≈ 22%5★ (13)

    AirbnbVrbo

  • Slope Views! Near Bear Mountain! Pool Table! BBQ!

    House · 4 bd · 3 ba · sleeps 10 · 0.1 mi

    Revenue $42,137ADR $716Occ ≈ 16%4.5★ (15)

    AirbnbVrbo

  • Moonridge Retreat | Hot Tub+A/C+Fire Pit+Near Lake

    Cabin · 4 bd · 2.5 ba · sleeps 10 · 0.2 mi

    Revenue $88,700ADR $324Occ ≈ 75%4.9★ (105)

    Airbnb

  • NEW A-Frame 4BR | Hot Tub, Mtn Views, Game Loft

    House · 4 bd · 2 ba · sleeps 10 · 0.2 mi

    Revenue $70,929ADR $416Occ ≈ 47%5★ (24)

    AirbnbVrbo

  • New! Bearadise ~ Charming Cabin Getaway

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.2 mi

    Revenue $4,623ADR $269Occ ≈ 5%3.5★ (4)

    AirbnbVrbo

  • Pine & Paw | Hot Tub, Sauna, EV, Media Room

    House · 4 bd · 3 ba · sleeps 12 · 0.2 mi

    Revenue $15,918ADR $1,041Occ ≈ 4%5★ (3)

    AirbnbVrboBooking

Show all 49 comps
  • Top of the Grove: Spa! Arcade Game! Pet Friendly!

    House · 4 bd · 3 ba · sleeps 10 · 0.3 mi

    Revenue $44,909ADR $426Occ ≈ 29%4.8★ (60)

    AirbnbVrbo

  • Close to Ski Resorts! Game Room! Pet Friendly!

    House · 4 bd · 2 ba · sleeps 9 · 0.3 mi

    Revenue $34,189ADR $295Occ ≈ 32%4.6★ (47)

    AirbnbVrbo

  • Moonlight Memories Jacuzzi, Theatre, Dogs Okay!

    Vacation home · 4 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $15,475ADR $342Occ ≈ 12%—

    Booking

  • Hasselhof Mountain Cabin

    Chalet · 4 bd · 3 ba · sleeps 8 · 0.3 mi

    Revenue $39,329ADR $566Occ ≈ 19%5★ (9)

    Airbnb

  • Grand Mountain Views, Fenced Dog Yard, Hot Tub, AC

    Cabin · 4 bd · 2 ba · sleeps 7 · 0.3 mi

    Revenue $38,330ADR $448Occ ≈ 23%5★ (73)

    Airbnb

  • Fenced Yard! Dog Friendly! Gametable!

    House · 4 bd · 2.5 ba · sleeps 8 · 0.3 mi

    Revenue $41,168ADR $307Occ ≈ 37%4.8★ (139)

    AirbnbVrbo

  • Moonridge Heaven - Fun Packed Central Family Retreat w/ Hot Tub + Games

    Vacation home · 4 bd · 3 ba · sleeps 10 · 0.3 mi

    Revenue $55,018ADR $1,595Occ ≈ 9%—

    Booking

  • Moonridge Heaven Family Retreat- Hot Tub + Games

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.3 mi

    Revenue $25,652ADR $824Occ ≈ 9%5★ (4)

    AirbnbVrboBooking

  • Family Cabin with Arcade Game Room

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.3 mi

    Revenue $35,669ADR $564Occ ≈ 17%5★ (2)

    AirbnbVrbo

  • The Mountain House - Game Room, Arcade Games, Foosball, Deck, BBQ

    Vacation home · 4 bd · 3 ba · sleeps 10 · 0.3 mi

    Revenue $40,925ADR $576Occ ≈ 19%—

    Booking

  • The Drey-Gorgeous Big Bear Mountain Views

    House · 4 bd · 3 ba · sleeps 10 · 0.3 mi

    Revenue $55,632ADR $514Occ ≈ 30%4.7★ (80)

    AirbnbVrboBooking

  • Le Vonde Chalet - Luxury log-style, Hot Tub, Game Room, Fire Pit, Walk to Slopes

    Vacation home · 4 bd · 3 ba · sleeps 11 · 0.3 mi

    Revenue $38,056ADR $835Occ ≈ 12%—

    Booking

  • Large, luxury retreat with National Forest views

    House · 4 bd · 3 ba · sleeps 10 · 0.3 mi

    Revenue $48,800ADR $485Occ ≈ 28%5★ (126)

    AirbnbVrbo

  • Big Bear Lake Cabin w/ Hot Tub < 1 Mi to Skiing!

    House · 4 bd · 3 ba · sleeps 12 · 0.3 mi

    Revenue $70,210ADR $487Occ ≈ 39%4.8★ (126)

    AirbnbVrboBooking

  • Walk to ski resort: Indoor Jacuzzi, Sauna, games.

    Cabin · 4 bd · 3 ba · sleeps 16 · 0.3 mi

    Revenue $38,196ADR $556Occ ≈ 19%4.8★ (183)

    AirbnbVrbo

  • Hillside Hideaway Big Bear House

    House · 4 bd · 3 ba · sleeps 8 · 0.3 mi

    Revenue $35,890ADR $557Occ ≈ 18%4.8★ (9)

    Airbnb

  • Luxe Moonridge Log Cabin | Hot Tub + Games + AC!

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.3 mi

    Revenue $10,206ADR $456Occ ≈ 6%5★ (3)

    AirbnbVrbo

  • Game Room!HOT TUB!Pet Friendly!Reverse Floor Plan!

    House · 4 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $62,712ADR $433Occ ≈ 40%4.8★ (90)

    AirbnbVrbo

  • Pet Friendly! Views of Bear Mtn! Fenced Yard!

    House · 4 bd · 2 ba · sleeps 11 · 0.3 mi

    Revenue $43,462ADR $354Occ ≈ 34%4.6★ (66)

    AirbnbVrbo

  • Wildwood Designer Glamp w Hot Tub & Game Room

    Cabin · 4 bd · 3 ba · sleeps 15 · 0.3 mi

    Revenue $50,852ADR $684Occ ≈ 20%4.7★ (17)

    AirbnbVrbo

  • Views, Gameroom, Spa, Pet-Friendly, AC, EV Charger

    Cabin · 4 bd · 2 ba · sleeps 11 · 0.3 mi

    Revenue $77,035ADR $372Occ ≈ 57%4.9★ (328)

    AirbnbVrbo

  • Villa Cozy Grove-Hot Tub, Views, Game Room

    Cabin · 4 bd · 3 ba · sleeps 11 · 0.3 mi

    Revenue $47,566ADR $394Occ ≈ 33%4.5★ (83)

    AirbnbVrbo

  • Big Bear hideaway cabin

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.3 mi

    Revenue $13,368ADR $326Occ ≈ 11%4.8★ (5)

    Airbnb

  • Moonridge Chateau • Hot Tub + Game Room • Escape

    House · 4 bd · 2 ba · sleeps 9 · 0.4 mi

    Revenue $55,686ADR $508Occ ≈ 30%4.8★ (24)

    AirbnbVrbo

  • Spacious - New Spa W/ Pool Table

    Cabin · 4 bd · 2 ba · sleeps 9 · 0.4 mi

    Revenue $21,873ADR $466Occ ≈ 13%4.9★ (47)

    AirbnbVrboBooking

  • Luxury Log Cabin | Hot Tub, Game Room

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.4 mi

    Revenue $55,460ADR $879Occ ≈ 17%5★ (4)

    AirbnbVrbo

  • Edge Family Getaway: Tub!Pool Table!Internet! BBQ!

    House · 4 bd · 2 ba · sleeps 9 · 0.4 mi

    Revenue $42,228ADR $312Occ ≈ 37%4.5★ (154)

    AirbnbVrbo

  • Ski Slope Views - 2 Decks, Fire Pit, Mini Arcade

    Cabin · 4 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $29,638ADR $337Occ ≈ 24%4.8★ (186)

    AirbnbBooking

  • Moonridge Lodge | Hot Tub+Pet Friendly+By the Lake

    House · 4 bd · 2 ba · sleeps 10 · 0.4 mi

    Revenue $39,196ADR $228Occ ≈ 47%5★ (23)

    Airbnb

  • The Great Escape: Hot Tub! Air Hockey Table!

    House · 4 bd · 2 ba · sleeps 10 · 0.4 mi

    Revenue $28,355ADR $240Occ ≈ 32%4.4★ (109)

    AirbnbVrbo

  • Nine Pines Lodge#537

    House · 4 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $5,725ADR $378Occ ≈ 4%2.8★ (7)

    AirbnbVrboBooking

  • Nine Pines Lodge-537 by Big Bear Vacations

    Vacation home · 4 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $37,977ADR $574Occ ≈ 18%—

    Booking

  • *Nine Pines Log Cabin*Moonridge Forested Retreat*

    Cabin · 4 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $2,964ADR $592Occ ≈ 1%4.2★ (40)

    Airbnb

  • Chipmunk Treehouse #1983

    Vacation home · 4 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $63,357ADR $1,508Occ ≈ 12%—

    Booking

  • Ozzy's Retreat, Hot Tub, 4 Bdr, Sleeps 8

    House · 4 bd · 3 ba · sleeps 8 · 0.4 mi

    Revenue $48,474ADR $274Occ ≈ 48%4.8★ (96)

    AirbnbVrbo

  • Chipmunk Treehouse Resort Chalet at Big Bear

    Cabin · 4 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $45,038ADR $512Occ ≈ 24%3.7★ (7)

    AirbnbVrboBooking

  • LOWER Moonridge HOT TUB GAME ROOM SKI Slopes CLOSE

    Vacation home · 4 bd · 3 ba · sleeps 8 · 0.4 mi

    Revenue $75,429ADR $571Occ ≈ 36%—

    Booking

  • 1 Mi to Slopes: Big Bear Lake 'Alpen Haus' w/ Spa

    Cabin · 4 bd · 3 ba · sleeps 11 · 0.4 mi

    Revenue $43,340ADR $498Occ ≈ 24%4.8★ (57)

    AirbnbVrboBooking

  • Game Room, Hot Tub, Pool Table, Foosball

    Cabin · 4 bd · 2 ba · sleeps 7 · 0.5 mi

    Revenue $46,983ADR $0Occ ≈ —5★ (2)

    AirbnbBooking

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
Term

Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium

Est. revenue

$50,118

NOI

$21,983

Cash flow /mo

-$1,482

Cash needed

$201,350

Cash-on-cash

-8.8%

ROE (yr 1)

2.3%

Cap rate

3.6%

DSCR

0.55

Year-1 write-off

$158,676

Year-1 tax shield @ 32%

$50,776

Year-1 return on equity

  • Cash flow (annual)-$17,785
  • Principal paydown$4,024
  • Appreciation at%$18,450
ROE2.3%
ROE incl. year-1 tax savings (32% bracket, STR loophole)27.5%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$10,024
  • Platform fees (3% of revenue)$1,504
  • Maintenance / capex (5% of revenue)$2,506
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$7,688
  • Insurance (STR-rated)$3,137

Cash needed to close

  • Down payment (25%)$153,750
  • Closing costs (4.0%)$24,600
  • Furnishing (bought new)$23,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$50,776

No county tax record split for property tax, insurance rate and the land/building split, so those use market defaults — edit the price above; 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

$431,000

Short-life (5/15-yr)

$135,000 · 31%

Year-1 deduction

$159,000

Year-1 tax shield @ 32%

$51,000

Land 30% (market default, no usable tax-record split) · building $296,000 over 39 years · new furniture $23,000

Based on: 1,443 sq ft, built 1979, 4 bd / 2 ba, unfurnished, listing features (hot tub, deck, fireplace, flooring types).

IRS-guide safe-harbor floor: $102,000 in year 1 (18% short-life, $33,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$100,200
  • Kitchen cabinetsdefault

    $9,000 new × 40% good × 3.48 allocation

    $12,500
  • Kitchen countertopsdefault

    $7,300 new × 40% good × 3.48 allocation

    $10,200
  • Decorative trimdefault

    $2,500 new × 40% good × 3.48 allocation

    $3,500
  • Mirrorsdefault

    $300 new × 40% good × 3.48 allocation

    $400
  • Shelvingdefault

    $1,500 new × 40% good × 3.48 allocation

    $2,100
  • Window coverings (14)default

    $3,500 new × 40% good × 3.48 allocation

    $4,900
  • Carpet, vinyl & laminate (33% of floors)listing

    $3,100 new × 40% good × 3.48 allocation

    $4,300
  • Kitchen & laundry equipment plumbingdefault

    $7,000 new × 40% good × 3.48 allocation

    $9,700
  • Kitchen, laundry & data equipment electricaldefault

    $4,200 new × 40% good × 3.48 allocation

    $5,900
  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default

    $8,100 new × 40% good × 3.48 allocation

    $11,300
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 3.48 allocation

    $12,500
  • Furniture bought newlisting

    $23,000 new × 100% good · bought separately

    $23,000
15-year land improvements$57,500
  • Paving: driveway & walks (paved)listing

    $7,900 new × 50% good × 3.48 allocation

    $13,700
  • Landscaping (typical)default

    $7,600 new × 50% good × 3.48 allocation

    $13,200
  • Patiosdefault

    $1,400 new × 50% good × 3.48 allocation

    $2,500
  • Decks & porches (attached)listing

    $16,200 new × 50% good × 3.48 allocation

    $28,200
Building, 39-year$295,800
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $155,900 new × 40% good × 3.48 allocation

    $216,700
  • Building plumbing & fixturesdefault

    $16,200 new × 40% good × 3.48 allocation

    $22,500
  • Building electrical & lightingdefault

    $15,600 new × 40% good × 3.48 allocation

    $21,600
  • HVACdefault

    $16,300 new × 40% good × 3.48 allocation

    $22,600
  • Hardwood & tile floorsdefault

    $6,200 new × 40% good × 3.48 allocation

    $8,600
  • Fireplacelisting

    $2,600 new × 40% good × 3.48 allocation

    $3,700

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$100,200$57,500$900$158,700
2$0$0$7,600$7,600
3$0$0$7,600$7,600
4$0$0$7,600$7,600
5$0$0$7,600$7,600
6+$0$0$264,500$264,500
Total$100,200$57,500$295,800$453,500

The building's share of the price ($431,000) is 3.5x our depreciated replacement cost of the home ($124,000). 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 and Georgia 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.