1128 Gold Mountain Dr
Big Bear City, CA 92314
$699,999
4 bd · 2 ba · 2,016 sqft · Listed 69d ago
View on Realtor.com →Year built
1988
Sqft
2,016
Lot sqft
10,010
HOA / mo
$0
Furnished
No
List date
2026-09-05T16:42:40.000000Z
Revenue
Annual revenue
$27,393
ADR
$293
Occupancy
26%
Cleaning fees (12 mo)
$5,024
Confidence
Low (42.74), 24 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $26,300
Grand Bear Chalet
Chalet · 4 bd · 2 ba · sleeps 10 · 0.4 mi
- Free parking
- Pets OK
- Wifi
- Kitchen
- +4
Revenue $14,704ADR $452Occ ≈ 9%5★ (2)
Doble your pleasure #2127
Vacation home · 4 bd · 2 ba · sleeps 10 · 0.4 mi
Revenue $39,530ADR $554Occ ≈ 20%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Woodland Breezes House
| 4 bd · 2 ba · sleeps 10 | $17,166 | $406 | 12% | 5★ (123) | 0.2 mi | AirbnbVrboBooking |
Gold Mountain Getaway Cabin
| 4 bd · 2 ba · sleeps 10 | $26,300 | $369 | 20% | 4.8★ (57) | 0.3 mi | AirbnbVrbo |
Grand Bear Chalet Chalet
| 4 bd · 2 ba · sleeps 10 | $14,704 | $452 | 9% | 5★ (2) | 0.4 mi | Airbnb |
Doble your pleasure #2127 Vacation home | 4 bd · 2 ba · sleeps 10 | $39,530 | $554 | 20% | — | 0.4 mi | Booking |
Mountain Retreat | Firepit/BBQ | Games House
| 4 bd · 2 ba · sleeps 9 | $24,842 | $422 | 16% | 5★ (18) | 0.4 mi | AirbnbVrboBooking |
*Bear City Doble Your Pleasure Retreat*Hot Tub* Cabin | 4 bd · 2 ba · sleeps 10 | $45,770 | $149 | 84% | 4.5★ (20) | 0.4 mi | AirbnbBooking |
Big Bear Cabin | 4BR | Pet-Friendly | Lake & Ski Cabin
| 4 bd · 3 ba · sleeps 10 | $38,804 | $447 | 24% | 4.8★ (147) | 0.4 mi | AirbnbBooking |
Hot Tub! Pool Table! PetFriendly!Multi-Fireplaces! House
| 4 bd · 3 ba · sleeps 10 | $53,756 | $440 | 33% | 4.5★ (156) | 0.5 mi | AirbnbVrbo |
Upgraded Cabin w/ Locally Inspired Themed Rooms Cabin
| 4 bd · 2 ba · sleeps 10 | $12,360 | $485 | 7% | 4.4★ (10) | 0.6 mi | AirbnbVrboBooking |
4BR Cabin Near Big Bear Lake, Ski, Hike EV Charger House
| 4 bd · 3 ba · sleeps 10 | $43,691 | $399 | 30% | 4.8★ (47) | 0.6 mi | AirbnbVrboBooking |
Show 1 more
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
Rate 7.86% = 7.11% Freddie Mac 30-yr avg (Nov 12) + 0.75% investor premium
Est. revenue
$27,393
NOI
$4,253
Cash flow /mo
-$3,447
Cash needed
$226,000
Cash-on-cash
-18.3%
ROE (yr 1)
-7.0%
Cap rate
0.6%
DSCR
0.09
Year-1 write-off
$187,289
Year-1 tax shield @ 32%
$59,932
Year-1 return on equity
- Cash flow (annual)-$41,361
- Principal paydown$4,509
- Appreciation at%$21,000
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)$5,479
- Platform fees (3% of revenue)$822
- Maintenance / capex (5% of revenue)$1,370
- Utilities & supplies$4,200
- HOA$0
- Property tax$8,750
- Insurance (STR-rated)$3,570
Cash needed to close
- Down payment (25%)$175,000
- Closing costs (4.0%)$28,000
- Furnishing (bought new)$23,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$59,932
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
$560,000
Short-life (5/15-yr)
$163,000 · 29%
Year-1 deduction
$187,000
Year-1 tax shield @ 32%
$60,000
Land 20% (county tax record, assessed value split) · building $397,000 over 39 years · new furniture $23,000
Based on: 2,016 sq ft, built 1988, 4 bd / 2 ba, unfurnished, listing features (deck, fence, fireplace, stone counters, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $115,000 in year 1 (16% short-life, $37,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $13,700
Kitchen cabinetsdefault
$10,200 new × 40% good × 3.35 allocation
- $14,000
Kitchen countertops (stone)listing
$10,500 new × 40% good × 3.35 allocation
- $4,700
Decorative trimdefault
$3,500 new × 40% good × 3.35 allocation
- $400
Mirrorsdefault
$300 new × 40% good × 3.35 allocation
- $2,000
Shelvingdefault
$1,500 new × 40% good × 3.35 allocation
- $6,700
Window coverings (20)default
$5,000 new × 40% good × 3.35 allocation
- $8,700
Carpet, vinyl & laminate (50% of floors)listing
$6,500 new × 40% good × 3.35 allocation
- $10,700
Kitchen & laundry equipment plumbingdefault
$8,000 new × 40% good × 3.35 allocation
- $6,400
Kitchen, laundry & data equipment electricaldefault
$4,800 new × 40% good × 3.35 allocation
- $7,600
Appliances (range, microwave, dishwasher, refrigerator)listing
$5,700 new × 40% good × 3.35 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $15,600
Paving: driveway & walks (paved)listing
$9,300 new × 50% good × 3.35 allocation
- $15,000
Landscaping (typical)default
$9,000 new × 50% good × 3.35 allocation
- $3,300
Patiosdefault
$2,000 new × 50% good × 3.35 allocation
- $5,900
Irrigationlisting
$3,500 new × 50% good × 3.35 allocation
- $38,000
Decks & porches (attached)listing
$22,700 new × 50% good × 3.35 allocation
- $10,100
Fencinglisting
$6,000 new × 50% good × 3.35 allocation
- $293,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$218,500 new × 40% good × 3.35 allocation
- $30,400
Building plumbing & fixturesdefault
$22,700 new × 40% good × 3.35 allocation
- $30,600
Building electrical & lightingdefault
$22,800 new × 40% good × 3.35 allocation
- $30,500
HVACdefault
$22,700 new × 40% good × 3.35 allocation
- $8,700
Hardwood & tile floorsdefault
$6,500 new × 40% good × 3.35 allocation
- $3,500
Fireplacelisting
$2,600 new × 40% good × 3.35 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $98,100 | $87,900 | $1,300 | $187,300 |
| 2 | $0 | $0 | $10,200 | $10,200 |
| 3 | $0 | $0 | $10,200 | $10,200 |
| 4 | $0 | $0 | $10,200 | $10,200 |
| 5 | $0 | $0 | $10,200 | $10,200 |
| 6+ | $0 | $0 | $355,000 | $355,000 |
| Total | $98,100 | $87,900 | $397,000 | $583,000 |
The building's share of the price ($560,000) is 3.4x our depreciated replacement cost of the home ($167,000). 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, 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
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.