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Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium

1242 E Alpinview Dr

1242 E Alpinview Dr

Big Bear City, CA 92314

$650,000

3 bd · 2.5 ba · 1,720 sqft · Listed 1d ago

View on Realtor.com →
Negative cash flow

Year built

2007

Sqft

1,720

Lot sqft

7,227

HOA / mo

$0

Furnished

No

List date

2026-10-14T16:03:48.000000Z

Revenue

Annual revenue

$27,497

ADR

$244

Occupancy

31%

Cleaning fees (12 mo)

$6,130

Confidence

Low (40.46), 48 comps

Comp revenue range (p25 / median / p75)

$14,922$23,917$34,620

Median revenue of shown comps: $23,827

  • Le’s Serenity Cozy Cabin Hot Tub, Games, A.C.

    Cabin · 3 bd · 2 ba · sleeps 10 · 276 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $33,914ADR $292Occ ≈ 32%4.8★ (21)

    AirbnbVrboBooking

  • Big Bear Intrigue

    House · 3 bd · 2 ba · sleeps 6 · 515 ft

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $25,279ADR $222Occ ≈ 31%5★ (115)

    Airbnb

  • Hot Tub! Family! Close to Forest / Slopes/Lake PEA

    Cabin · 3 bd · 2 ba · sleeps 8 · 525 ft

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

    Revenue $7,430ADR $551Occ ≈ 4%4.5★ (8)

    AirbnbVrboBooking

  • Pet Friendly Pickleball Paradise and Hot Tub

    House · 3 bd · 2.5 ba · sleeps 8 · 0.1 mi

    Revenue $39,087ADR $283Occ ≈ 38%5★ (49)

    AirbnbBooking

  • Modern Cabin w/Mtn Views/Pool Table/Jacuzzi for 8

    House · 3 bd · 2.5 ba · sleeps 8 · 0.1 mi

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

    Revenue $41,136ADR $529Occ ≈ 21%4.8★ (335)

    AirbnbVrbo

  • Central AC! Maple Ridge Getaway in Big Bear

    House · 3 bd · 2.5 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $34,840ADR $342Occ ≈ 28%5★ (124)

    AirbnbVrbo

  • Cozy BearPaw Cave Cabin

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

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +1

    Revenue $17,267ADR $326Occ ≈ 15%5★ (50)

    AirbnbVrbo

  • Play Big Bear - Relaxing Bear City Family Retreat-

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $32,222ADR $361Occ ≈ 24%3★ (2)

    Airbnb

  • *Play Big Bear* Fun-Packed BB City Family Retreat*

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $16,376ADR $274Occ ≈ 16%5★ (3)

    Booking

  • Play Big Bear #2580

    Vacation home · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $14,527ADR $431Occ ≈ 9%—

    Booking

Show 37 more
  • Papa Joe's Cabin

    Cabin · 3 bd · 1.5 ba · sleeps 8 · 0.2 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $12,577ADR $223Occ ≈ 15%4.6★ (110)

    AirbnbBooking

  • Pet-friendly cabin with Mountain Views

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $33,558ADR $178Occ ≈ 52%5★ (51)

    AirbnbVrboBooking

  • Gold Rush Retreat, Sleeps 10, Mountain Views

    House · 3 bd · 3 ba · sleeps 10 · 0.2 mi

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $34,546ADR $250Occ ≈ 38%4.9★ (78)

    Airbnb

  • Maple Ridge by Rather Be Properties

    Vacation home · 3 bd · 2 ba · sleeps 10 · 0.2 mi

    Revenue $3,745ADR $230Occ ≈ 4%—

    Booking

  • Modern Home, Hot Tub, Pool Table, Open Family Room

    House · 3 bd · 2.5 ba · sleeps 10 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $30,819ADR $378Occ ≈ 22%5★ (30)

    Airbnb

  • Malabar Mountain Cabin Tucked in Forest Pine View.

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

    Revenue $24,007ADR $148Occ ≈ 44%4.7★ (18)

    AirbnbBooking

  • Modern Big Bear Cabin w Game Room, Big Fenced Yard

    House · 3 bd · 2.5 ba · sleeps 8 · 0.2 mi

    Revenue $49,422ADR $269Occ ≈ 50%5★ (88)

    Airbnb

  • 3 bedroom with fireplace + deck - Emerald Retreat

    House · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $7,933ADR $170Occ ≈ 13%5★ (7)

    Airbnb

  • The Lazy Bear Inn- Family Friendly Game Room & Spa

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $24,456ADR $337Occ ≈ 20%4.8★ (52)

    AirbnbVrbo

  • Vintage Hollywood Hideaway: Spa, Sauna, Speakeasy

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $70,740ADR $340Occ ≈ 57%4.9★ (294)

    AirbnbVrbo

  • Big Bear-Epic Views, Fire Pits, Hot Tub, Theater!

    House · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $60,588ADR $331Occ ≈ 50%5★ (163)

    AirbnbVrbo

  • Bear Paw Lodge *Cozy home w/ fireplace & game room

    House · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $15,054ADR $250Occ ≈ 16%4.8★ (43)

    Delisted

  • Free_Early Check-In/late-Checkout?

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

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

    Revenue $49,458ADR $254Occ ≈ 53%4.8★ (148)

    AirbnbVrbo

  • Family friendly cozy cabin in Big Bear

    Cabin · 3 bd · 1.5 ba · sleeps 9 · 0.3 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +1

    Revenue $18,657ADR $332Occ ≈ 15%4.8★ (5)

    Vrbo

  • Moody Lodge • Hot Tub • Darts

    House · 3 bd · 3 ba · sleeps 7 · 0.3 mi

    Revenue $35,074ADR $314Occ ≈ 31%5★ (202)

    Delisted

  • Pet-Friendly Big Bear Cabin ~ 6 Mi to Ski Resorts!

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

    • Pets OK
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $20,958ADR $329Occ ≈ 17%4.8★ (50)

    AirbnbVrboBooking

  • Private Hot Tub • Game Room • Mountain Views

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

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +4

    Revenue $56,406ADR $280Occ ≈ 55%5★ (175)

    Airbnb

  • Three 3's Cabin|Gated, AC, dogs ok, Spa, Lrg Yard

    Cabin · 3 bd · 2.5 ba · sleeps 7 · 0.3 mi

    Revenue $23,497ADR $243Occ ≈ 26%4.7★ (29)

    Airbnb

  • Dutch Hideaway-3bed W/Gameroom

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

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

    Revenue $13,979ADR $428Occ ≈ 9%4.8★ (7)

    AirbnbVrbo

  • Cozy Cabin: Your Big Bear Retreat with jaccuzi

    House · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi

    Revenue $17,855ADR $647Occ ≈ 8%4.7★ (14)

    Delisted

  • Cozy Mountain Cabin w/ Hot Tub, Fireplace & Deck

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

    Revenue $5,036ADR $296Occ ≈ 5%5★ (6)

    Delisted

  • Sweet Cabin Gateway | Cozy Big Bear Retreat Minutes From Adventure

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $26,509ADR $414Occ ≈ 18%—

    Booking

  • Big Bear Retreat w/ Hot Tub and fenced backyard!

    Vacation home · 3 bd · 1.5 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $19,525ADR $219Occ ≈ 24%5★ (109)

    Airbnb

  • Hot Tub • Game Room • BBQ • Large Cabin • Dogs OK

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $52,781ADR $310Occ ≈ 47%4.9★ (276)

    AirbnbVrboBooking

  • Stylish Family Cabin w/ Pac-Man & Stone Fireplace!

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +2

    Revenue $10,016ADR $250Occ ≈ 11%4.9★ (25)

    Airbnb

  • Grandpa’s cabin

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

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $1,324ADR $264Occ ≈ 1%5★ (1)

    Airbnb

  • PK Serene 3BR Cabin w/ Hot Tub & Outdoor Projector

    House · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi

    Revenue $23,827ADR $373Occ ≈ 18%4.8★ (389)

    Airbnb

  • Game Room | Fenced Yard + Fireplace

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

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +2

    Revenue $12,970ADR $387Occ ≈ 9%4.7★ (12)

    AirbnbVrboBooking

  • First Chair Lair

    Cabin · 3 bd · 1.5 ba · sleeps 9 · 0.4 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $19,939ADR $245Occ ≈ 22%5★ (96)

    Airbnb

  • 🍁 MalaBear Lodge in the🌲 🌲15 min to 🏔 Private Spa

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $40,469ADR $347Occ ≈ 32%4.9★ (183)

    AirbnbVrboBooking

  • Bear Meadow -Create your Big Bear Memories

    House · 3 bd · 2 ba · sleeps 9 · 0.4 mi

    Revenue $17,109ADR $468Occ ≈ 10%4.8★ (45)

    Delisted

  • Adorable cabin! New & Modern! Close to Lake/Slopes

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

    Revenue $30,759ADR $332Occ ≈ 25%4.7★ (6)

    AirbnbBooking

  • Family Fun Cabin Hot Tub Pet Friendly Game Room

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi

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

    Revenue $44,383ADR $900Occ ≈ 14%5★ (4)

    AirbnbVrbo

  • HOME SWEET HOME sleeps 7- Enjoy the Forest

    House · 3 bd · 2 ba · sleeps 7 · 0.4 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $22,301ADR $202Occ ≈ 30%4.8★ (84)

    Airbnb

  • Big Bear A Frame

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $8,761ADR $270Occ ≈ 9%4.6★ (65)

    Airbnb

  • Cozy 3 bdr home

    House · 3 bd · 2 ba · sleeps 10 · 0.4 mi

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $12,157ADR $304Occ ≈ 11%5★ (42)

    Airbnb

  • The Bears Lair Perfect for family w-full Amenities

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.4 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $24,653ADR $272Occ ≈ 25%4.5★ (32)

    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
Term

Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium

Est. revenue

$27,497

NOI

$5,133

Cash flow /mo

-$3,200

Cash needed

$208,000

Cash-on-cash

-18.5%

ROE (yr 1)

-7.2%

Cap rate

0.8%

DSCR

0.12

Year-1 write-off

$138,699

Year-1 tax shield @ 32%

$44,384

Year-1 return on equity

  • Cash flow (annual)-$38,406
  • Principal paydown$3,953
  • Appreciation at%$19,500
ROE-7.2%

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)$5,499
  • Platform fees (3% of revenue)$825
  • Maintenance / capex (5% of revenue)$1,375
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$8,125
  • Insurance (STR-rated)$3,315

Cash needed to close

  • Down payment (25%)$162,500
  • Closing costs (4.0%)$26,000
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$44,384

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

$520,000

Short-life (5/15-yr)

$119,000 · 23%

Year-1 deduction

$139,000

Year-1 tax shield @ 32%

$44,000

Land 20% (county tax record, assessed value split) · building $401,000 over 39 years · new furniture $20,000

Based on: 1,720 sq ft, built 2007, 3 bd / 2.5 ba, unfurnished, listing features (hot tub, deck, patio, fence, fireplace, stone counters, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $93,000 in year 1 (14% short-life, $30,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$73,600
  • Kitchen cabinetsdefault

    $9,600 new × 40% good × 2.35 allocation

    $9,000
  • Kitchen countertops (stone)listing

    $9,800 new × 40% good × 2.35 allocation

    $9,200
  • Decorative trimdefault

    $3,000 new × 40% good × 2.35 allocation

    $2,800
  • Mirrorsdefault

    $300 new × 40% good × 2.35 allocation

    $300
  • Shelvingdefault

    $1,200 new × 40% good × 2.35 allocation

    $1,100
  • Window coverings (17)default

    $4,300 new × 40% good × 2.35 allocation

    $4,000
  • Kitchen & laundry equipment plumbingdefault

    $7,400 new × 62% good × 2.35 allocation

    $10,900
  • Kitchen, laundry & data equipment electricaldefault

    $4,500 new × 62% good × 2.35 allocation

    $6,600
  • Appliances (range)listing

    $1,800 new × 40% good × 2.35 allocation

    $1,700
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.35 allocation

    $8,500
  • Furniture bought newlisting

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

    $19,500
15-year land improvements$64,700
  • Paving: driveway & walks (paved)default

    $8,600 new × 50% good × 2.35 allocation

    $10,100
  • Landscaping (typical)default

    $8,300 new × 50% good × 2.35 allocation

    $9,700
  • Patioslisting

    $7,700 new × 50% good × 2.35 allocation

    $9,100
  • Decks & porches (attached)listing

    $19,400 new × 50% good × 2.35 allocation

    $22,800
  • Fencinglisting

    $6,000 new × 50% good × 2.35 allocation

    $7,100
  • Gazebo / pergolalisting

    $5,000 new × 50% good × 2.35 allocation

    $5,900
Building, 39-year$401,200
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $186,400 new × 68% good × 2.35 allocation

    $299,900
  • Building plumbing & fixturesdefault

    $19,300 new × 62% good × 2.35 allocation

    $28,200
  • Building electrical & lightingdefault

    $19,100 new × 62% good × 2.35 allocation

    $27,800
  • HVACdefault

    $19,400 new × 40% good × 2.35 allocation

    $18,200
  • Hardwood & tile floorsdefault

    $11,100 new × 40% good × 2.35 allocation

    $10,400
  • Fireplacelisting

    $2,600 new × 40% good × 2.35 allocation

    $2,500
  • Septic systemlisting

    $12,000 new × 50% good × 2.35 allocation

    $14,100

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$73,600$64,700$400$138,700
2$0$0$10,300$10,300
3$0$0$10,300$10,300
4$0$0$10,300$10,300
5$0$0$10,300$10,300
6+$0$0$359,700$359,700
Total$73,600$64,700$401,200$539,500

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.