
1775 Cabello St
Shasta Lake, CA 96019
$160,000
2 bd · 1 ba · 732 sqft · Listed 1d ago
View on Realtor.com →Year built
1960
Sqft
732
Lot sqft
10,890
HOA / mo
$0
Furnished
No
List date
2026-10-10T17:11:29.000000Z
Revenue
Annual revenue
$30,770
ADR
$141
Occupancy
60%
Cleaning fees (12 mo)
$4,392
Confidence
Low (—), 3 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $28,069


Sunny California Retreat w/ Pool Access & Patio!
Vacation home · 2 bd · 1 ba · sleeps 4 · 0.4 mi
Revenue $27,926ADR $141Occ ≈ 54%5★ (1)

| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
![]() Lounge + Lake House
| 2 bd · 1 ba · sleeps 4 | $29,786 | $149 | 55% | 4.9★ (72) | 0.2 mi | AirbnbVrbo |
![]() Sunny California Retreat w/ Pool Access & Patio! Vacation home | 2 bd · 1 ba · sleeps 4 | $27,926 | $141 | 54% | 5★ (1) | 0.4 mi | Booking |
![]() The Birdhouse At Shasta Lake House | 2 bd · 1 ba · sleeps 4 | $28,069 | $172 | 45% | 4.7★ (26) | 0.7 mi | 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
Est. revenue
$30,770
NOI
$15,258
Cash flow /mo
$1,272
Cash needed
$182,400
Cash-on-cash (all cash)
8.4%
ROE (yr 1)
11.0%
Cap rate
9.5%
DSCR
—
Year-1 write-off
$38,543
Year-1 tax shield @ 32%
$12,334
Year-1 return on equity
- Cash flow (annual)$15,258
- Principal paydown (n/a, cash)$0
- Appreciation at%$4,800
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)$6,154
- Platform fees (3% of revenue)$923
- Maintenance / capex (5% of revenue)$1,539
- Utilities & supplies$4,200
- HOA$0
- Property tax$2,000
- Insurance (STR-rated)$936
Cash needed to close
- Purchase price (all cash)$160,000
- Closing costs (4.0%)$6,400
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$12,334
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
$71,000
Short-life (5/15-yr)
$22,000 · 32%
Year-1 deduction
$39,000
Year-1 tax shield @ 32%
$12,000
Land 56% (county tax record, assessed value split) · building $49,000 over 39 years · new furniture $16,000
Based on: 732 sq ft, built 1960, 2 bd / 1 ba, unfurnished, listing features (fireplace, flooring types, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $31,000 in year 1 (21% short-life, $10,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $3,400
Kitchen cabinetsdefault
$7,400 new × 40% good × 1.14 allocation
- $2,800
Kitchen countertopsdefault
$6,100 new × 40% good × 1.14 allocation
- $600
Decorative trimdefault
$1,300 new × 40% good × 1.14 allocation
- $100
Mirrorsdefault
$200 new × 40% good × 1.14 allocation
- $400
Shelvingdefault
$900 new × 40% good × 1.14 allocation
- $800
Window coverings (7)default
$1,800 new × 40% good × 1.14 allocation
- $1,100
Carpet, vinyl & laminate (50% of floors)listing
$2,400 new × 40% good × 1.14 allocation
- $2,600
Kitchen & laundry equipment plumbingdefault
$5,800 new × 40% good × 1.14 allocation
- $1,600
Kitchen, laundry & data equipment electricaldefault
$3,500 new × 40% good × 1.14 allocation
- $3,700
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 1.14 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $3,200
Paving: driveway & walks (paved)default
$5,600 new × 50% good × 1.14 allocation
- $1,500
Landscaping (minimal)listing
$2,700 new × 50% good × 1.14 allocation
- $400
Patiosdefault
$700 new × 50% good × 1.14 allocation
- $400
Decks & porches (attached)default
$700 new × 50% good × 1.14 allocation
- $35,900
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$78,900 new × 40% good × 1.14 allocation
- $3,700
Building plumbing & fixturesdefault
$8,200 new × 40% good × 1.14 allocation
- $3,000
Building electrical & lightingdefault
$6,600 new × 40% good × 1.14 allocation
- $3,800
HVACdefault
$8,200 new × 40% good × 1.14 allocation
- $1,100
Hardwood & tile floorsdefault
$2,400 new × 40% good × 1.14 allocation
- $1,200
Fireplacelisting
$2,600 new × 40% good × 1.14 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $32,900 | $5,500 | $100 | $38,500 |
| 2 | $0 | $0 | $1,200 | $1,200 |
| 3 | $0 | $0 | $1,200 | $1,200 |
| 4 | $0 | $0 | $1,200 | $1,200 |
| 5 | $0 | $0 | $1,200 | $1,200 |
| 6+ | $0 | $0 | $43,600 | $43,600 |
| Total | $32,900 | $5,500 | $48,600 | $87,100 |
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, 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
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.