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350 Brewer Way

350 Brewer Way

Big Bear City, CA 92314

$599,900

5 bd · 3 ba · 2,208 sqft · Listed today

View on Realtor.com →

Year built

1975

Sqft

2,208

Lot sqft

7,967

HOA / mo

$0

Furnished

No

List date

2026-10-22T03:51:53.000000Z

Revenue

Annual revenue

$48,294

ADR

$865

Occupancy

15%

Cleaning fees (12 mo)

$10,020

Confidence

Low (42), 8 comps

Comp revenue range (p25 / median / p75)

$26,427$42,045$51,901

Median revenue of shown comps: $45,430

  • Hot Tub • Central AC & Heat • Pool Table & Arcade

    Cabin · 5 bd · 4 ba · sleeps 12 · 0.2 mi

    • Hot tub
    • A/C
    • Wifi
    • Kitchen
    • +4

    Revenue $54,185ADR $613Occ ≈ 24%5★ (51)

    AirbnbVrbo

  • Central AC & Heat • Hot Tub • Pool Table & Arcade

    House · 5 bd · 4 ba · sleeps 12 · 0.3 mi

    • Hot tub
    • A/C
    • Wifi
    • Kitchen
    • +5

    Revenue $55,645ADR $668Occ ≈ 23%5★ (14)

    Airbnb

  • VIEW! Hot Tub! Game Room! 3000 sq ft! 3 Floors BSP

    Cabin · 5 bd · 3.5 ba · sleeps 12 · 0.4 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +5

    Revenue $45,430ADR $749Occ ≈ 17%4.5★ (50)

    AirbnbVrboBooking

  • Hot Tub! Game Room! Close to Slopes! Epic Views WB

    House · 5 bd · 4 ba · sleeps 12 · 0.4 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $38,660ADR $713Occ ≈ 15%4.3★ (71)

    AirbnbVrboBooking

  • 5 Beds, 3 Baths, Giant Kitchen, Full Coffee Bar.

    House · 5 bd · 3 ba · sleeps 12 · 0.4 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $2,141ADR $395Occ ≈ 1%5★ (8)

    Airbnb

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

$48,294

NOI

$20,913

Cash flow /mo

$1,743

Cash needed

$656,396

Cash-on-cash (all cash)

3.2%

ROE (yr 1)

5.9%

Cap rate

3.5%

DSCR

—

Year-1 write-off

$142,119

Year-1 tax shield @ 32%

$45,478

Year-1 return on equity

  • Cash flow (annual)$20,913
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$17,997
ROE5.9%

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)$9,659
  • Platform fees (3% of revenue)$1,449
  • Maintenance / capex (5% of revenue)$2,415
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$7,499
  • Insurance (STR-rated)$3,059

Cash needed to close

  • Purchase price (all cash)$599,900
  • Closing costs (4.0%)$23,996
  • Furnishing (bought new)$32,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$45,478

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

$480,000

Short-life (5/15-yr)

$109,000 · 23%

Year-1 deduction

$142,000

Year-1 tax shield @ 32%

$45,000

Land 20% (county tax record, assessed value split) · building $371,000 over 39 years · new furniture $33,000

Based on: 2,208 sq ft, built 1975, 5 bd / 3 ba, unfurnished, listing features (game room, fireplace, stone counters).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $108,000 in year 1 (16% short-life, $34,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$101,100

  • Kitchen cabinetsdefault

    $10,600 new × 40% good × 2.85 allocation

    $12,100

  • Kitchen countertops (stone)listing

    $10,900 new × 40% good × 2.85 allocation

    $12,400

  • Decorative trimdefault

    $3,900 new × 40% good × 2.85 allocation

    $4,400

  • Mirrorsdefault

    $500 new × 40% good × 2.85 allocation

    $500

  • Shelvingdefault

    $1,800 new × 40% good × 2.85 allocation

    $2,100

  • Window coverings (22)default

    $5,500 new × 40% good × 2.85 allocation

    $6,300

  • Carpet, vinyl & laminate (40% of floors)default

    $5,700 new × 40% good × 2.85 allocation

    $6,500

  • Kitchen & laundry equipment plumbingdefault

    $8,300 new × 40% good × 2.85 allocation

    $9,400

  • Kitchen, laundry & data equipment electricaldefault

    $5,000 new × 40% good × 2.85 allocation

    $5,700

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

    $8,100 new × 40% good × 2.85 allocation

    $9,200

  • Furniture bought newlisting

    $26,500 new × 100% good · bought separately

    $26,500

  • Game-room equipment bought newlisting

    $6,000 new × 100% good · bought separately

    $6,000
15-year land improvements$40,600

  • Paving: driveway & walks (paved)default

    $9,700 new × 50% good × 2.85 allocation

    $13,900

  • Landscaping (typical)default

    $9,400 new × 50% good × 2.85 allocation

    $13,400

  • Patiosdefault

    $2,200 new × 50% good × 2.85 allocation

    $3,100

  • Decks & porches (attached)default

    $2,200 new × 50% good × 2.85 allocation

    $3,100

  • Gazebo / pergolalisting

    $5,000 new × 50% good × 2.85 allocation

    $7,100
Building, 39-year$370,700

  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $239,000 new × 40% good × 2.85 allocation

    $272,500

  • Building plumbing & fixturesdefault

    $24,900 new × 40% good × 2.85 allocation

    $28,300

  • Building electrical & lightingdefault

    $25,300 new × 40% good × 2.85 allocation

    $28,800

  • HVACdefault

    $24,900 new × 40% good × 2.85 allocation

    $28,400

  • Hardwood & tile floorsdefault

    $8,500 new × 40% good × 2.85 allocation

    $9,700

  • Fireplacelisting

    $2,600 new × 40% good × 2.85 allocation

    $3,000

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$101,100$40,600$400$142,100
2$0$0$9,500$9,500
3$0$0$9,500$9,500
4$0$0$9,500$9,500
5$0$0$9,500$9,500
6+$0$0$332,300$332,300
Total$101,100$40,600$370,700$512,500

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.