3782 Siskiyou St
Redding, CA 96001
$509,000
3 bd · 2 ba · 2,191 sqft · Listed 3d ago
View on Realtor.com →Year built
1990
Sqft
2,191
Lot sqft
48,352
HOA / mo
$0
Furnished
No
List date
2026-10-08T23:29:59.000000Z
Revenue
Annual revenue
$49,746
ADR
$152
Occupancy
90%
Cleaning fees (12 mo)
$8,441
Confidence
Low (37.83), 6 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $39,975
Andes Restful Retreat
House · 3 bd · 2.5 ba · sleeps 7 · 0.1 mi
Revenue $59,442ADR $342Occ ≈ 48%4.8★ (75)
Dragonfly Retreat
House · 3 bd · 2 ba · sleeps 6 · 0.6 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $5,340ADR $255Occ ≈ 6%4.8★ (4)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Andes Restful Retreat House | 3 bd · 2.5 ba · sleeps 7 | $59,442 | $342 | 48% | 4.8★ (75) | 0.1 mi | Airbnb |
5 Mi to Sundial Bridge & River! Pet-Friendly Haven House
| 3 bd · 2 ba · sleeps 8 | $23,758 | $459 | 14% | 4.5★ (2) | 0.3 mi | AirbnbVrboBooking |
Bright Redding Getaway House
| 3 bd · 2 ba · sleeps 6 | $38,499 | $203 | 52% | 5★ (33) | 0.3 mi | AirbnbVrbo |
Dragonfly Retreat House
| 3 bd · 2 ba · sleeps 6 | $5,340 | $255 | 6% | 4.8★ (4) | 0.6 mi | Airbnb |
{The Cessna Lookout} +Pool +Hot Tub +EV Charger House
| 3 bd · 2.5 ba · sleeps 6 | $77,510 | $310 | 69% | 5★ (187) | 0.7 mi | AirbnbVrbo |
Westside 3 bed + office/ 3 king beds/ trails! House
| 3 bd · 3 ba · sleeps 9 | $41,451 | $241 | 47% | 5★ (17) | 0.7 mi | AirbnbVrbo |
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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium
Est. revenue
$49,746
NOI
$23,040
Cash flow /mo
-$921
Cash needed
$167,110
Cash-on-cash
-6.6%
ROE (yr 1)
4.4%
Cap rate
4.5%
DSCR
0.68
Year-1 write-off
$105,794
Year-1 tax shield @ 32%
$33,854
Year-1 return on equity
- Cash flow (annual)-$11,054
- Principal paydown$3,095
- Appreciation at%$15,270
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)$9,949
- Platform fees (3% of revenue)$1,492
- Maintenance / capex (5% of revenue)$2,487
- Utilities & supplies$4,200
- HOA$0
- Property tax$6,363
- Insurance (STR-rated)$2,978
Cash needed to close
- Down payment (25%)$127,250
- Closing costs (4.0%)$20,360
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$33,854
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
$399,000
Short-life (5/15-yr)
$86,000 · 22%
Year-1 deduction
$106,000
Year-1 tax shield @ 32%
$34,000
Land 22% (county tax record, assessed value split) · building $313,000 over 39 years · new furniture $20,000
Based on: 2,191 sq ft, built 1990, 3 bd / 2 ba, unfurnished, listing features (flooring types).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $79,000 in year 1 (15% short-life, $25,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $10,400
Kitchen cabinetsdefault
$10,600 new × 40% good × 2.45 allocation
- $8,500
Kitchen countertopsdefault
$8,700 new × 40% good × 2.45 allocation
- $3,800
Decorative trimdefault
$3,800 new × 40% good × 2.45 allocation
- $300
Mirrorsdefault
$300 new × 40% good × 2.45 allocation
- $1,200
Shelvingdefault
$1,200 new × 40% good × 2.45 allocation
- $5,400
Window coverings (22)default
$5,500 new × 40% good × 2.45 allocation
- $6,900
Carpet, vinyl & laminate (50% of floors)listing
$7,000 new × 40% good × 2.45 allocation
- $8,100
Kitchen & laundry equipment plumbingdefault
$8,200 new × 40% good × 2.45 allocation
- $4,900
Kitchen, laundry & data equipment electricaldefault
$5,000 new × 40% good × 2.45 allocation
- $7,900
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.45 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $11,900
Paving: driveway & walks (paved)default
$9,700 new × 50% good × 2.45 allocation
- $11,400
Landscaping (typical)default
$9,300 new × 50% good × 2.45 allocation
- $2,700
Patiosdefault
$2,200 new × 50% good × 2.45 allocation
- $2,700
Decks & porches (attached)default
$2,200 new × 50% good × 2.45 allocation
- $233,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$237,900 new × 40% good × 2.45 allocation
- $24,200
Building plumbing & fixturesdefault
$24,700 new × 40% good × 2.45 allocation
- $24,500
Building electrical & lightingdefault
$25,000 new × 40% good × 2.45 allocation
- $24,200
HVACdefault
$24,700 new × 40% good × 2.45 allocation
- $6,900
Hardwood & tile floorsdefault
$7,000 new × 40% good × 2.45 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $76,800 | $28,600 | $300 | $105,800 |
| 2 | $0 | $0 | $8,000 | $8,000 |
| 3 | $0 | $0 | $8,000 | $8,000 |
| 4 | $0 | $0 | $8,000 | $8,000 |
| 5 | $0 | $0 | $8,000 | $8,000 |
| 6+ | $0 | $0 | $280,600 | $280,600 |
| Total | $76,800 | $28,600 | $313,000 | $418,400 |
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, 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.