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1775 Cabello St

1775 Cabello St

Shasta Lake, CA 96019

$160,000

2 bd · 1 ba · 732 sqft · Listed 1d ago

View on Realtor.com →
Low confidence

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)

$27,998$28,069$28,928

Median revenue of shown comps: $28,069

  • Lounge + Lake

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

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

    Revenue $29,786ADR $149Occ ≈ 55%4.9★ (72)

    AirbnbVrbo

  • 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)

    Booking

  • The Birdhouse At Shasta Lake

    House · 2 bd · 1 ba · sleeps 4 · 0.7 mi

    Revenue $28,069ADR $172Occ ≈ 45%4.7★ (26)

    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
Management

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
ROE11.0%

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)$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.

5-year property$32,900
  • Kitchen cabinetsdefault

    $7,400 new × 40% good × 1.14 allocation

    $3,400
  • Kitchen countertopsdefault

    $6,100 new × 40% good × 1.14 allocation

    $2,800
  • Decorative trimdefault

    $1,300 new × 40% good × 1.14 allocation

    $600
  • Mirrorsdefault

    $200 new × 40% good × 1.14 allocation

    $100
  • Shelvingdefault

    $900 new × 40% good × 1.14 allocation

    $400
  • Window coverings (7)default

    $1,800 new × 40% good × 1.14 allocation

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

    $2,400 new × 40% good × 1.14 allocation

    $1,100
  • Kitchen & laundry equipment plumbingdefault

    $5,800 new × 40% good × 1.14 allocation

    $2,600
  • Kitchen, laundry & data equipment electricaldefault

    $3,500 new × 40% good × 1.14 allocation

    $1,600
  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default

    $8,100 new × 40% good × 1.14 allocation

    $3,700
  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000
15-year land improvements$5,500
  • Paving: driveway & walks (paved)default

    $5,600 new × 50% good × 1.14 allocation

    $3,200
  • Landscaping (minimal)listing

    $2,700 new × 50% good × 1.14 allocation

    $1,500
  • Patiosdefault

    $700 new × 50% good × 1.14 allocation

    $400
  • Decks & porches (attached)default

    $700 new × 50% good × 1.14 allocation

    $400
Building, 39-year$48,600
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $78,900 new × 40% good × 1.14 allocation

    $35,900
  • Building plumbing & fixturesdefault

    $8,200 new × 40% good × 1.14 allocation

    $3,700
  • Building electrical & lightingdefault

    $6,600 new × 40% good × 1.14 allocation

    $3,000
  • HVACdefault

    $8,200 new × 40% good × 1.14 allocation

    $3,800
  • Hardwood & tile floorsdefault

    $2,400 new × 40% good × 1.14 allocation

    $1,100
  • Fireplacelisting

    $2,600 new × 40% good × 1.14 allocation

    $1,200

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
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.