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

1018 Feather Mountain Dr

1018 Feather Mountain Dr

Big Bear City, CA 92314

$459,900

3 bd · 3 ba · 2,064 sqft · Listed 1d ago

View on Realtor.com →
Low confidenceNegative cash flow

Year built

1972

Sqft

2,064

Lot sqft

7,420

HOA / mo

None

Furnished

No

List date

2026-09-29T16:44:58.000000Z

Revenue

Annual revenue

$33,754

ADR

$300

Occupancy

31%

Cleaning fees (12 mo)

$6,464

Confidence

Low (29.44), 50 comps

Comp revenue range (p25 / median / p75)

$14,313$22,902$47,044
  • Boo Boo Bear Chalet

    Cabin · 3 bd · 2 ba · sleeps 8 · 187 ft

    Revenue $18,119ADR $290Occ ≈ 17%5★ (20)

    Airbnb

  • Hot Tub, Game Room, AC, EV Charging & Fire Pit-WHI

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 249 ft

    Revenue $38,496ADR $557Occ ≈ 19%4.9★ (19)

    AirbnbVrboBooking

  • Big Comfort, Large Home in Big Bear

    House · 3 bd · 2.5 ba · sleeps 10 · 253 ft

    Revenue $55,074ADR $379Occ ≈ 40%5★ (137)

    AirbnbVrbo

  • New! Bearadise ~ Peaceful Pinegrove Chalet

    Chalet · 3 bd · 2 ba · sleeps 8 · 407 ft

    Revenue $60,292ADR $251Occ ≈ 66%4.7★ (208)

    AirbnbVrbo

  • Cute family cabin with hot tub and hiking trails.

    Cabin · 3 bd · 2 ba · sleeps 7 · 410 ft

    Revenue $23,054ADR $347Occ ≈ 18%4.9★ (123)

    Airbnb

  • Big Blue Retreat Dog-Friendly Cabin, Spa, Near Village

    Vacation home · 3 bd · 2 ba · sleeps 12 · 502 ft

    Revenue $24,762ADR $215Occ ≈ 32%—

    Booking

  • Peaceful Rustic Escape, Cool Deck, Firepit Table

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $17,279ADR $294Occ ≈ 16%5★ (26)

    AirbnbVrbo

  • Lookout Lodge: Hilltop Views, HotTub, Games, AC!

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.1 mi

    Revenue $4,157ADR $192Occ ≈ 6%5★ (6)

    Airbnb

  • Big Blue | Charming Chalet Nestled Next To Trails!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi

    Revenue $58,405ADR $261Occ ≈ 61%4.8★ (55)

    AirbnbVrbo

  • Large Family Home, sleeps 6+

    House · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $18,908ADR $178Occ ≈ 29%4.7★ (339)

    Airbnb

Show all 50 comps
  • Lookout Lodge Family Chalet at Big Bear w/ Games

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.2 mi

    Revenue $60,569ADR $515Occ ≈ 32%4.5★ (10)

    AirbnbVrboBooking

  • Corner Hideaway I Quiet Location, Cozy Interiors

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.2 mi

    Revenue $10,682ADR $292Occ ≈ 10%5★ (22)

    Airbnb

  • Lookout Lodge Family Chalet at Big Bear w/ Games

    Vacation home · 3 bd · 3 ba · sleeps 8 · 0.2 mi

    Revenue $47,315ADR $511Occ ≈ 25%—

    Booking

  • Eagle Mountain Retreat

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $10,131ADR $295Occ ≈ 9%5★ (27)

    AirbnbVrbo

  • Modern Luxury Cabin w/ Theater • Mountain Views

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.2 mi

    Revenue $46,229ADR $470Occ ≈ 27%4.8★ (25)

    AirbnbVrbo

  • Big Bear Retreat w Fire Pit, Deck, & Cabin Vibes

    House · 3 bd · 2.5 ba · sleeps 6 · 0.2 mi

    Revenue $28,182ADR $288Occ ≈ 27%3.8★ (10)

    AirbnbVrboBooking

  • Sleepy Bear Cabin | Near slopes

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.2 mi

    Revenue $18,669ADR $348Occ ≈ 15%5★ (21)

    AirbnbVrbo

  • Double Deck Cabin w/ Spa, Hanging Chairs, Fire Pit

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $31,190ADR $376Occ ≈ 23%4.9★ (122)

    Airbnb

  • Summit View Cabin–Game Room, Family Memories & Fun

    House · 3 bd · 2 ba · sleeps 7 · 0.3 mi

    Revenue $25,347ADR $346Occ ≈ 20%4.9★ (85)

    Airbnb

  • The Fox Den Big Bear ~ Modern Mountain View Retreat w/ Hot Tub

    Vacation home · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $78,773ADR $596Occ ≈ 36%4★ (1)

    Booking

  • The Fox Den #2568

    Vacation home · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $87,855ADR $651Occ ≈ 37%—

    Booking

  • Spacious Cabin With Games, Pool Table & Hot Tub

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

    Revenue $9,239ADR $658Occ ≈ 4%5★ (18)

    AirbnbVrbo

  • The Fox Den Big Bear ~ Modern Mountain View Retrea

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $47,651ADR $472Occ ≈ 28%4.8★ (11)

    AirbnbVrbo

  • Whitney Manor/ W Spa Near the lake

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $43,897ADR $324Occ ≈ 37%4.9★ (35)

    AirbnbVrboBooking

  • Sasquatch Cottage:Fun & Enchanting Themed Cabin!

    House · 3 bd · 2 ba · sleeps 7 · 0.3 mi

    Revenue $22,749ADR $212Occ ≈ 29%4.8★ (37)

    AirbnbVrbo

  • Luxury Mountain Chalet in Big Bear|Ski Queen Lodge

    Cabin · 3 bd · 3 ba · sleeps 7 · 0.3 mi

    Revenue $13,103ADR $517Occ ≈ 7%5★ (1)

    Airbnb

  • Quaint Big Bear Home w/ Hot Tub: 4 Mi to Skiing!

    House · 3 bd · 3.5 ba · sleeps 10 · 0.3 mi

    Revenue $15,812ADR $326Occ ≈ 13%3.5★ (18)

    AirbnbVrbo

  • Luxury Log Cabin! Panoramic views, game room! FOST

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi

    Revenue $39,735ADR $477Occ ≈ 23%4.8★ (16)

    AirbnbVrboBooking

  • Big Bear Ultimate Stay Away

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

    Revenue $2,728ADR $532Occ ≈ 1%5★ (2)

    Airbnb

  • Mama’s Lake House: Spacious 3 bedroom retreat

    House · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $34,498ADR $350Occ ≈ 27%5★ (24)

    Airbnb

  • Mountain View Escape: Pool Table! WiFi! TV!

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

    Revenue $44,336ADR $282Occ ≈ 43%4.8★ (129)

    AirbnbVrbo

  • Rocky Mountain Comfort

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

    Revenue $16,359ADR $282Occ ≈ 16%4.8★ (117)

    Airbnb

  • Home w/ Spa near Ski Resort, VIEW, Pet Friendly!

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $31,770ADR $387Occ ≈ 22%4.8★ (177)

    Airbnb

  • Eagles Landing - Family Friendly Holiday Space

    House · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $11,517ADR $127Occ ≈ 25%5★ (69)

    Airbnb

  • Mountain Lodge | Scenic Deck, Hot Tub & AC!

    Chalet · 3 bd · 3 ba · sleeps 7 · 0.4 mi

    Revenue $77,287ADR $593Occ ≈ 36%5★ (30)

    AirbnbVrbo

  • Charming Modern Mountain Retreat: Full Amenities

    House · 3 bd · 3 ba · sleeps 12 · 0.4 mi

    Revenue $21,587ADR $335Occ ≈ 18%5★ (40)

    Airbnb

  • Alterra House Mid-Century A-frame

    Cabin · 3 bd · 2 ba · sleeps 4 · 0.4 mi

    Revenue $47,829ADR $238Occ ≈ 55%5★ (403)

    Airbnb

  • Unwind in Style: Premier Location Cabin with Hot Tub in California

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $4,363ADR $256Occ ≈ 5%—

    Vrbo

  • Big Hot Tub! - 5 Mins to Slopes!

    House · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $19,427ADR $260Occ ≈ 20%4.3★ (24)

    Airbnb

  • Cozy 3bd 2ba Cabin minutes to the ski resort

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $8,862ADR $323Occ ≈ 8%4.8★ (29)

    Airbnb

  • Woodsy Cozy Glam, Hot Tub, Pirate Ship and Xbox

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.4 mi

    Revenue $22,279ADR $285Occ ≈ 21%5★ (6)

    AirbnbVrbo

  • Big Bear Cabin: Hot Tub, Pet-Friendly, Fenced

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $48,898ADR $330Occ ≈ 41%4.7★ (395)

    AirbnbVrbo

  • Big Bear Mountain View Cabin: Jacuzzi, Fire Pit

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $22,363ADR $275Occ ≈ 22%5★ (25)

    AirbnbVrbo

  • Charming Rustic Pet Friendly Mountain Cabin, with Deck, BBQ, Firepit, Fireplace

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

    Revenue $4,029ADR $263Occ ≈ 4%—

    Vrbo

  • Charming Woodsy Dog Friendly HomeHot

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

    Revenue $7,530ADR $235Occ ≈ 9%—

    Vrbo

  • 2577-The Cave

    Vacation home · 3 bd · 2 ba · sleeps 7 · 0.4 mi

    Revenue $13,813ADR $445Occ ≈ 9%—

    Booking

  • Clean/Cozy Indoor & Outdoors Fire Pit- BBQ- Fenced

    House · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $47,446ADR $318Occ ≈ 41%5★ (186)

    AirbnbVrbo

  • Alpine Chalet

    House · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $392ADR $196Occ ≈ 1%—

    AirbnbVrboBooking

  • Historic Home~Air Conditioning~Arcade~Spa~Dog OK

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.5 mi

    Revenue $59,094ADR $365Occ ≈ 44%5★ (191)

    Airbnb

  • Winding Retreat | Walk to Oktoberfest & Adventure

    House · 3 bd · 2.5 ba · sleeps 8 · 0.5 mi

    Revenue $21,672ADR $355Occ ≈ 17%4.8★ (12)

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

Est. revenue

$33,754

NOI

$12,698

Cash flow /mo

-$1,420

Cash needed

$152,871

Cash-on-cash

-11.1%

ROE (yr 1)

-0.2%

Cap rate

2.8%

DSCR

0.43

Year-1 write-off

$108,953

Year-1 tax shield @ 32%

$34,865

Year-1 return on equity

  • Cash flow (annual)-$17,040
  • Principal paydown$3,010
  • Appreciation at%$13,797
ROE-0.2%

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)$6,751
  • Platform fees (3% of revenue)$1,013
  • Maintenance / capex (5% of revenue)$1,688
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$7,458
  • Insurance (STR-rated)$2,345

Cash needed to close

  • Down payment (25%)$114,975
  • Closing costs (4.0%)$18,396
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$34,865

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

$368,000

Short-life (5/15-yr)

$89,000 · 24%

Year-1 deduction

$109,000

Year-1 tax shield @ 32%

$35,000

Land 20% (county tax record, assessed value split) · building $279,000 over 39 years · new furniture $20,000

Based on: 2,064 sq ft, built 1972, 3 bd / 3 ba, unfurnished, listing features (patio, fence, fireplace, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $85,000 in year 1 (17% short-life, $27,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$66,800
  • Kitchen cabinetsdefault

    $10,300 new × 40% good × 2.30 allocation

    $9,500
  • Kitchen countertopsdefault

    $8,400 new × 40% good × 2.30 allocation

    $7,800
  • Decorative trimdefault

    $3,600 new × 40% good × 2.30 allocation

    $3,300
  • Mirrorsdefault

    $500 new × 40% good × 2.30 allocation

    $400
  • Shelvingdefault

    $1,200 new × 40% good × 2.30 allocation

    $1,100
  • Window coverings (21)default

    $5,300 new × 40% good × 2.30 allocation

    $4,800
  • Carpet, vinyl & laminate (50% of floors)listing

    $6,600 new × 40% good × 2.30 allocation

    $6,100
  • Kitchen & laundry equipment plumbingdefault

    $8,000 new × 40% good × 2.30 allocation

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

    $4,900 new × 40% good × 2.30 allocation

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

    $2,500 new × 40% good × 2.30 allocation

    $2,300
  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
15-year land improvements$41,300
  • Paving: driveway & walks (paved)default

    $9,400 new × 50% good × 2.30 allocation

    $10,900
  • Landscaping (typical)default

    $9,100 new × 50% good × 2.30 allocation

    $10,400
  • Patioslisting

    $9,300 new × 50% good × 2.30 allocation

    $10,700
  • Decks & porches (attached)default

    $2,000 new × 50% good × 2.30 allocation

    $2,300
  • Fencinglisting

    $6,000 new × 50% good × 2.30 allocation

    $6,900
Building, 39-year$279,400
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $223,900 new × 40% good × 2.30 allocation

    $206,400
  • Building plumbing & fixturesdefault

    $23,200 new × 40% good × 2.30 allocation

    $21,400
  • Building electrical & lightingdefault

    $23,400 new × 40% good × 2.30 allocation

    $21,600
  • HVACdefault

    $23,300 new × 40% good × 2.30 allocation

    $21,400
  • Hardwood & tile floorsdefault

    $6,600 new × 40% good × 2.30 allocation

    $6,100
  • Fireplacelisting

    $2,600 new × 40% good × 2.30 allocation

    $2,400

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$66,800$41,300$900$109,000
2$0$0$7,200$7,200
3$0$0$7,200$7,200
4$0$0$7,200$7,200
5$0$0$7,200$7,200
6+$0$0$249,800$249,800
Total$66,800$41,300$279,400$387,400

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.