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14870 Lamoine Ct

14870 Lamoine Ct

Redding, CA 96003

$205,000

2 bd · 1 ba · 984 sqft · Listed 1d ago

View on Realtor.com →
Low confidence

Year built

1983

Sqft

984

Lot sqft

20,909

HOA / mo

$0

Furnished

No

List date

2026-10-01T19:57:01.000000Z

Revenue

Annual revenue

$56,180

ADR

$287

Occupancy

54%

Cleaning fees (12 mo)

$7,403

Confidence

Low (21.47), 11 comps

Comp revenue range (p25 / median / p75)

$13,038$27,196$71,511

  • Magical Hobbit Hole & Breakfast

    Earth house · 1 bd · 1 ba · sleeps 2 · 3.8 mi

    Revenue $69,875ADR $274Occ ≈ 70%5★ (77)

    AirbnbVrbo

  • Luxurious Hobbit Hole and Second Breakfast!

    Earth house · 1 bd · 1 ba · sleeps 2 · 3.8 mi

    Revenue $79,145ADR $270Occ ≈ 80%5★ (253)

    AirbnbVrbo

  • Romantic Hobbit Hole & Breakfast

    Earth house · 1 bd · 1 ba · sleeps 2 · 3.8 mi

    Revenue $73,147ADR $274Occ ≈ 73%5★ (75)

    AirbnbVrbo

  • Merry Clone - Do not book!

    Earth house · 1 bd · 1 ba · sleeps 2 · 3.9 mi

    Revenue $12,572ADR $898Occ ≈ 4%—

    Airbnb

  • Pippin Clone for new website - Do not book!

    Earth house · 1 bd · 1 ba · sleeps 2 · 3.9 mi

    Revenue $13,504ADR $844Occ ≈ 4%—

    Airbnb

  • Sam's Clone - Do not Book!

    Earth house · 1 bd · 1 ba · sleeps 2 · 3.9 mi

    Revenue $17,098ADR $899Occ ≈ 5%—

    Airbnb

  • Frodo's Clone - Do not Book!

    Earth house · 1 bd · 1 ba · sleeps 2 · 3.9 mi

    Revenue $10,683ADR $911Occ ≈ 3%—

    Airbnb

  • Bright, Cheery Hobbit Hole and Second Breakfast

    Earth house · 1 bd · 1 ba · sleeps 2 · 3.9 mi

    Revenue $74,090ADR $277Occ ≈ 73%5★ (294)

    AirbnbVrbo

  • Bella Vista Country Home

    House · 2 bd · 2 ba · sleeps 6 · 4.0 mi

    Revenue $46,655ADR $186Occ ≈ 69%5★ (39)

    Airbnb

  • Cozy RV with Pool & Private Parking

    Camper/RV · 1 bd · 1 ba · sleeps 2 · 4.8 mi

    Revenue $1,236ADR $112Occ ≈ 3%—

    Airbnb

Show all 11 comps

  • ‘Mtn Gate Guest House’ ~ 6 Mi to Shasta Lake!

    House · 3 bd · 2 ba · sleeps 5 · 4.9 mi

    Revenue $27,196ADR $213Occ ≈ 35%5★ (43)

    AirbnbVrboBooking

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

$56,180

NOI

$32,795

Cash flow /mo

$2,733

Cash needed

$235,200

Cash-on-cash (all cash)

13.9%

ROE (yr 1)

16.6%

Cap rate

16.0%

DSCR

—

Year-1 write-off

$70,219

Year-1 tax shield @ 32%

$22,470

Year-1 return on equity

  • Cash flow (annual)$32,795
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$6,150
ROE16.6%

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)$11,236
  • Platform fees (3% of revenue)$1,685
  • Maintenance / capex (5% of revenue)$2,809
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$2,599
  • Insurance (STR-rated)$1,199

Cash needed to close

  • Purchase price (all cash)$205,000
  • Closing costs (4.0%)$8,200
  • Furnishing (bought new)$22,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$22,470

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

$177,000

Short-life (5/15-yr)

$48,000 · 27%

Year-1 deduction

$70,000

Year-1 tax shield @ 32%

$22,000

Land 14% (county tax record, assessed value split) · building $129,000 over 39 years · new furniture $22,000

Based on: 984 sq ft, built 1983, 2 bd / 1 ba, unfurnished, listing features (game room, fireplace, flooring types, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $55,000 in year 1 (19% short-life, $18,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$55,200

  • Kitchen cabinetsdefault

    $8,000 new × 40% good × 2.03 allocation

    $6,500

  • Kitchen countertopsdefault

    $6,500 new × 40% good × 2.03 allocation

    $5,300

  • Decorative trimdefault

    $1,700 new × 40% good × 2.03 allocation

    $1,400

  • Mirrorsdefault

    $200 new × 40% good × 2.03 allocation

    $100

  • Shelvingdefault

    $900 new × 40% good × 2.03 allocation

    $700

  • Window coverings (10)default

    $2,500 new × 40% good × 2.03 allocation

    $2,000

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

    $3,200 new × 40% good × 2.03 allocation

    $2,600

  • Kitchen & laundry equipment plumbingdefault

    $6,200 new × 40% good × 2.03 allocation

    $5,000

  • Kitchen, laundry & data equipment electricaldefault

    $3,700 new × 40% good × 2.03 allocation

    $3,000

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

    $8,100 new × 40% good × 2.03 allocation

    $6,600

  • Furniture bought newlisting

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

    $16,000

  • Game-room equipment bought newlisting

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

    $6,000
15-year land improvements$14,900

  • Paving: driveway & walks (paved)default

    $6,500 new × 50% good × 2.03 allocation

    $6,600

  • Landscaping (typical)default

    $6,300 new × 50% good × 2.03 allocation

    $6,300

  • Patiosdefault

    $1,000 new × 50% good × 2.03 allocation

    $1,000

  • Decks & porches (attached)default

    $1,000 new × 50% good × 2.03 allocation

    $1,000
Building, 39-year$129,000

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

    $106,500 new × 40% good × 2.03 allocation

    $86,300

  • Building plumbing & fixturesdefault

    $11,000 new × 40% good × 2.03 allocation

    $8,900

  • Building electrical & lightingdefault

    $9,700 new × 40% good × 2.03 allocation

    $7,900

  • HVACdefault

    $11,100 new × 40% good × 2.03 allocation

    $9,000

  • Hardwood & tile floorsdefault

    $3,200 new × 40% good × 2.03 allocation

    $2,600

  • Fireplacelisting

    $2,600 new × 40% good × 2.03 allocation

    $2,100

  • Septic systemlisting

    $12,000 new × 50% good × 2.03 allocation

    $12,200

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$55,200$14,900$100$70,200
2$0$0$3,300$3,300
3$0$0$3,300$3,300
4$0$0$3,300$3,300
5$0$0$3,300$3,300
6+$0$0$115,600$115,600
Total$55,200$14,900$129,000$199,000

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.