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813 Cherryhill Trl

813 Cherryhill Trl

Redding, CA 96003

$339,000

3 bd · 2 ba · 1,438 sqft · Listed 4d ago

View on Realtor.com →
Low confidence

Year built

2001

Sqft

1,438

Lot sqft

2,178

HOA / mo

$500

Furnished

No

List date

2026-09-25T07:16:58.000000Z

Revenue

Annual revenue

$43,667

ADR

$180

Occupancy

66%

Cleaning fees (12 mo)

$5,432

Confidence

Low (21.83), 7 comps

Comp revenue range (p25 / median / p75)

$14,251$28,338$48,671

  • Family Home | Fire Pit + Outdoor TV | Near Bethel

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

    Revenue $19,023ADR $245Occ ≈ 21%5★ (12)

    AirbnbVrbo

  • Charming Escape at Park Place - Cozy & Central

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

    Revenue $49,296ADR $221Occ ≈ 61%4.8★ (38)

    Airbnb

  • Emerald House. Designer remodel. King bed. Central

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

    Revenue $48,045ADR $221Occ ≈ 60%4.8★ (394)

    AirbnbVrbo

  • Cozy & Comfortable Furnished 3BR Home - 30+ Day

    House · 3 bd · 2 ba · sleeps 4 · 0.5 mi

    Revenue $9,479ADR $85Occ ≈ 31%5★ (1)

    Airbnb

  • Quaint, quiet, and centrally located near Bethel!

    House · 3 bd · 2 ba · sleeps 7 · 0.5 mi

    Revenue $5,693ADR $96Occ ≈ 16%4.8★ (78)

    Airbnb

  • Peaceful Family Hideaway, Private Fenced Yard

    House · 3 bd · 2.5 ba · sleeps 6 · 0.6 mi

    Revenue $81,745ADR $258Occ ≈ 87%5★ (124)

    AirbnbVrbo

  • Parkside 3BR Retreat • 2 Kings Beds • Near Bethel

    House · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $28,338ADR $194Occ ≈ 40%4.8★ (6)

    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

Est. revenue

$43,667

NOI

$15,528

Cash flow /mo

$1,294

Cash needed

$372,060

Cash-on-cash (all cash)

4.2%

ROE (yr 1)

6.9%

Cap rate

4.6%

DSCR

—

Year-1 write-off

$84,542

Year-1 tax shield @ 32%

$27,053

Year-1 return on equity

  • Cash flow (annual)$15,528
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$10,170
ROE6.9%
ROE incl. year-1 tax savings (32% bracket, STR loophole)14.2%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$8,733
  • Platform fees (3% of revenue)$1,310
  • Maintenance / capex (5% of revenue)$2,183
  • Utilities & supplies$4,200
  • HOA$6,000
  • Property tax$4,238
  • Insurance (STR-rated)$1,983

Cash needed to close

  • Purchase price (all cash)$339,000
  • Closing costs (4.0%)$13,560
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$27,053

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

$255,000

Short-life (5/15-yr)

$64,000 · 25%

Year-1 deduction

$85,000

Year-1 tax shield @ 32%

$27,000

Land 25% (county tax record, assessed value split) · building $190,000 over 39 years · new furniture $20,000

Based on: 1,438 sq ft, built 2001, 3 bd / 2 ba, unfurnished, listing features (deck, patio, fireplace, flooring types).

IRS-guide safe-harbor floor: $58,000 in year 1 (15% short-life, $19,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$52,700

  • Kitchen cabinetsdefault

    $9,000 new × 40% good × 1.64 allocation

    $5,900

  • Kitchen countertopsdefault

    $7,300 new × 40% good × 1.64 allocation

    $4,800

  • Decorative trimdefault

    $2,500 new × 40% good × 1.64 allocation

    $1,700

  • Mirrorsdefault

    $300 new × 40% good × 1.64 allocation

    $200

  • Shelvingdefault

    $1,200 new × 40% good × 1.64 allocation

    $800

  • Window coverings (14)default

    $3,500 new × 40% good × 1.64 allocation

    $2,300

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

    $4,600 new × 40% good × 1.64 allocation

    $3,000

  • Kitchen & laundry equipment plumbingdefault

    $7,000 new × 50% good × 1.64 allocation

    $5,700

  • Kitchen, laundry & data equipment electricaldefault

    $4,200 new × 50% good × 1.64 allocation

    $3,500

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

    $8,100 new × 40% good × 1.64 allocation

    $5,300

  • Furniture bought newlisting

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

    $19,500
15-year land improvements$31,300

  • Paving: driveway & walks (paved)default

    $7,900 new × 50% good × 1.64 allocation

    $6,500

  • Landscaping (typical)default

    $7,600 new × 50% good × 1.64 allocation

    $6,200

  • Patioslisting

    $6,500 new × 50% good × 1.64 allocation

    $5,300

  • Decks & porches (attached)listing

    $16,200 new × 50% good × 1.64 allocation

    $13,300
Building, 39-year$190,500

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

    $155,600 new × 58% good × 1.64 allocation

    $149,100

  • Building plumbing & fixturesdefault

    $16,100 new × 50% good × 1.64 allocation

    $13,300

  • Building electrical & lightingdefault

    $15,500 new × 50% good × 1.64 allocation

    $12,700

  • HVACdefault

    $16,200 new × 40% good × 1.64 allocation

    $10,600

  • Hardwood & tile floorsdefault

    $4,600 new × 40% good × 1.64 allocation

    $3,000

  • Fireplacelisting

    $2,600 new × 40% good × 1.64 allocation

    $1,700

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$52,700$31,300$600$84,500
2$0$0$4,900$4,900
3$0$0$4,900$4,900
4$0$0$4,900$4,900
5$0$0$4,900$4,900
6+$0$0$170,300$170,300
Total$52,700$31,300$190,500$274,400

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

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.