11708 Homestead Ln
Redding, CA 96003
$335,000
4 bd · 2 ba · 1,728 sqft · Listed 1d ago
View on Realtor.com →Year built
1980
Sqft
1,728
Lot sqft
213,444
HOA / mo
$0
Furnished
No
List date
2026-10-22T22:14:25.000000Z
Revenue
Annual revenue
$39,096
ADR
$171
Occupancy
63%
Cleaning fees (12 mo)
$7,638
Confidence
Low (32.06), 9 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $35,239
Peaceful Craftsman on Acres w/Labyrinth
House · 3 bd · 2 ba · sleeps 5 · 1.7 mi
Revenue $21,104ADR $201Occ ≈ 29%4.9★ (9)
Delisted
French Creek Estate| Style+Peace
House · 5 bd · 3 ba · sleeps 11 · 1.9 mi
Revenue $91,846ADR $562Occ ≈ 45%5★ (16)
Small Country Home on 3 Acres Close to Town
House · 3 bd · 2 ba · sleeps 6 · 2.4 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $12,437ADR $81Occ ≈ 42%5★ (1)
Serene Homestead Hideaway
House · 3 bd · 2 ba · sleeps 6 · 2.5 mi
Revenue $24,633ADR $162Occ ≈ 42%4.7★ (21)
Delisted
Revival Ranchette - Mountain Views
House · 4 bd · 2.5 ba · sleeps 8 · 3.1 mi
Revenue $38,749ADR $564Occ ≈ 19%5★ (42)
Delisted
Budget Friendly. Clean Updated & a little Quirky
Guest house · 3 bd · 1.5 ba · sleeps 4 · 3.3 mi
Revenue $10,003ADR $80Occ ≈ 34%4.8★ (24)
Winery Getaway - peaceful retreat in the vines
House · 3 bd · 2 ba · sleeps 6 · 3.5 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $35,239ADR $269Occ ≈ 36%5★ (20)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Peaceful Craftsman | Outdoor Space | Low Toxicity House
| 3 bd · 2 ba · sleeps 6 | $56,473 | $254 | 61% | 4.7★ (22) | 1.7 mi | AirbnbVrbo |
Peaceful Craftsman on Acres w/Labyrinth House | 3 bd · 2 ba · sleeps 5 | $21,104 | $201 | 29% | 4.9★ (9) | 1.7 mi | Delisted |
French Creek Estate| Style+Peace House | 5 bd · 3 ba · sleeps 11 | $91,846 | $562 | 45% | 5★ (16) | 1.9 mi | Airbnb |
Small Country Home on 3 Acres Close to Town House
| 3 bd · 2 ba · sleeps 6 | $12,437 | $81 | 42% | 5★ (1) | 2.4 mi | Airbnb |
Serene Homestead Hideaway House | 3 bd · 2 ba · sleeps 6 | $24,633 | $162 | 42% | 4.7★ (21) | 2.5 mi | Delisted |
Revival Ranchette - Mountain Views House | 4 bd · 2.5 ba · sleeps 8 | $38,749 | $564 | 19% | 5★ (42) | 3.1 mi | Delisted |
Budget Friendly. Clean Updated & a little Quirky Guest house | 3 bd · 1.5 ba · sleeps 4 | $10,003 | $80 | 34% | 4.8★ (24) | 3.3 mi | Airbnb |
8-Acre Retreat: Pool & Stunning Mt Lassen View! House
| 3 bd · 3 ba · sleeps 8 | $56,241 | $304 | 51% | 4.9★ (18) | 3.4 mi | AirbnbVrboBooking |
Winery Getaway - peaceful retreat in the vines House
| 3 bd · 2 ba · sleeps 6 | $35,239 | $269 | 36% | 5★ (20) | 3.5 mi | 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
Rate 8.07% = 7.32% Freddie Mac 30-yr avg (Oct 22) + 0.75% investor premium
Est. revenue
$39,096
NOI
$18,304
Cash flow /mo
-$330
Cash needed
$120,150
Cash-on-cash
-3.3%
ROE (yr 1)
6.8%
Cap rate
5.5%
DSCR
0.82
Year-1 write-off
$82,260
Year-1 tax shield @ 32%
$26,323
Year-1 return on equity
- Cash flow (annual)-$3,966
- Principal paydown$2,070
- Appreciation at%$10,050
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)$7,819
- Platform fees (3% of revenue)$1,173
- Maintenance / capex (5% of revenue)$1,955
- Utilities & supplies$4,200
- HOA$0
- Property tax$4,188
- Insurance (STR-rated)$1,960
Cash needed to close
- Down payment (25%)$83,750
- Closing costs (4.0%)$13,400
- Furnishing (bought new)$23,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$26,323
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
$242,000
Short-life (5/15-yr)
$59,000 · 24%
Year-1 deduction
$82,000
Year-1 tax shield @ 32%
$26,000
Land 28% (county tax record, assessed value split) · building $183,000 over 39 years · new furniture $23,000
Based on: 1,728 sq ft, built 1980, 4 bd / 2 ba, unfurnished, listing features (fence, fireplace, flooring types, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $66,000 in year 1 (17% short-life, $21,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $6,600
Kitchen cabinetsdefault
$9,600 new × 40% good × 1.71 allocation
- $5,400
Kitchen countertopsdefault
$7,800 new × 40% good × 1.71 allocation
- $2,100
Decorative trimdefault
$3,000 new × 40% good × 1.71 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.71 allocation
- $1,000
Shelvingdefault
$1,500 new × 40% good × 1.71 allocation
- $2,900
Window coverings (17)default
$4,300 new × 40% good × 1.71 allocation
- $4,600
Carpet, vinyl & laminate (60% of floors)listing
$6,700 new × 40% good × 1.71 allocation
- $5,100
Kitchen & laundry equipment plumbingdefault
$7,500 new × 40% good × 1.71 allocation
- $3,100
Kitchen, laundry & data equipment electricaldefault
$4,500 new × 40% good × 1.71 allocation
- $5,600
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 1.71 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $7,400
Paving: driveway & walks (paved)default
$8,600 new × 50% good × 1.71 allocation
- $7,100
Landscaping (typical)default
$8,300 new × 50% good × 1.71 allocation
- $1,500
Patiosdefault
$1,700 new × 50% good × 1.71 allocation
- $1,500
Decks & porches (attached)default
$1,700 new × 50% good × 1.71 allocation
- $5,100
Fencinglisting
$6,000 new × 50% good × 1.71 allocation
- $128,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$187,000 new × 40% good × 1.71 allocation
- $13,300
Building plumbing & fixturesdefault
$19,400 new × 40% good × 1.71 allocation
- $13,100
Building electrical & lightingdefault
$19,200 new × 40% good × 1.71 allocation
- $13,300
HVACdefault
$19,500 new × 40% good × 1.71 allocation
- $3,000
Hardwood & tile floorsdefault
$4,400 new × 40% good × 1.71 allocation
- $1,800
Fireplacelisting
$2,600 new × 40% good × 1.71 allocation
- $10,300
Septic systemlisting
$12,000 new × 50% good × 1.71 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $59,500 | $22,600 | $200 | $82,300 |
| 2 | $0 | $0 | $4,700 | $4,700 |
| 3 | $0 | $0 | $4,700 | $4,700 |
| 4 | $0 | $0 | $4,700 | $4,700 |
| 5 | $0 | $0 | $4,700 | $4,700 |
| 6+ | $0 | $0 | $164,200 | $164,200 |
| Total | $59,500 | $22,600 | $183,200 | $265,200 |
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.