2426 Cumberland Dr
Redding, CA 96001
$519,000
4 bd · 3 ba · 2,384 sqft · Listed 1d ago
View on Realtor.com →Year built
1992
Sqft
2,384
Lot sqft
10,890
HOA / mo
$0
Furnished
No
List date
2026-11-11T20:20:17.000000Z
Revenue
Annual revenue
$65,473
ADR
$307
Occupancy
58%
Cleaning fees (12 mo)
$11,487
Confidence
Low (42.29), 10 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $59,304
The Perch @ Sunglow | Quiet, Cozy, Family Friendly
House · 4 bd · 2 ba · sleeps 9 · 1.1 mi
- Pool
- A/C
- Free parking
- Pets OK
- +3
Revenue $18,204ADR $131Occ ≈ 38%5★ (1)
Charming Vintage Home with Character and a View
House · 4 bd · 2 ba · sleeps 9 · 1.4 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $14,438ADR $164Occ ≈ 24%4.7★ (24)
Garden Tract 4BR: 2 Living Areas, Hot Tub & Patio
House · 4 bd · 2 ba · sleeps 10 · 2.0 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $12,372ADR $121Occ ≈ 28%4.9★ (26)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
The Bostonian▪︎Pool💦Hot Tub🌀 Arcade🎮Billiards🎱 Vacation home
| 4 bd · 2 ba · sleeps 9 | $93,392 | $517 | 49% | 5★ (116) | 0.6 mi | AirbnbVrbo |
Darby Hollow House
| 4 bd · 3.5 ba · sleeps 10 | $67,188 | $270 | 68% | 4.9★ (173) | 1.0 mi | AirbnbVrbo |
The Stratford | Pool/Hot Tub + Arcade + Airhockey! House
| 4 bd · 3 ba · sleeps 11 | $71,281 | $473 | 41% | 4.9★ (94) | 1.1 mi | AirbnbVrbo |
Cozy 4bd House with Hot tub and Pool, Quiet Area House | 4 bd · 3 ba · sleeps 9 | $62,995 | $350 | 49% | 4.9★ (102) | 1.1 mi | AirbnbVrbo |
The Perch @ Sunglow | Quiet, Cozy, Family Friendly House
| 4 bd · 2 ba · sleeps 9 | $18,204 | $131 | 38% | 5★ (1) | 1.1 mi | Airbnb |
Charming Vintage Home with Character and a View House
| 4 bd · 2 ba · sleeps 9 | $14,438 | $164 | 24% | 4.7★ (24) | 1.4 mi | Airbnb |
FAMILY FUN GETAWAY !! 🎱🏓RecRoom⚽️🕹 BBQ♨️FirePit House
| 4 bd · 3 ba · sleeps 10 | $55,613 | $339 | 45% | 4.8★ (203) | 1.6 mi | AirbnbVrbo |
Garden Tract 4BR: 2 Living Areas, Hot Tub & Patio House
| 4 bd · 2 ba · sleeps 10 | $12,372 | $121 | 28% | 4.9★ (26) | 2.0 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 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium
Est. revenue
$65,473
NOI
$34,195
Cash flow /mo
$12
Cash needed
$173,510
Cash-on-cash
0.1%
ROE (yr 1)
11.0%
Cap rate
6.6%
DSCR
1.00
Year-1 write-off
$118,445
Year-1 tax shield @ 32%
$37,902
Year-1 return on equity
- Cash flow (annual)$149
- Principal paydown$3,297
- Appreciation at%$15,570
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)$13,095
- Platform fees (3% of revenue)$1,964
- Maintenance / capex (5% of revenue)$3,274
- Utilities & supplies$4,200
- HOA$0
- Property tax$6,488
- Insurance (STR-rated)$3,036
Cash needed to close
- Down payment (25%)$129,750
- Closing costs (4.0%)$20,760
- Furnishing (bought new)$23,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$37,902
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
$421,000
Short-life (5/15-yr)
$95,000 · 23%
Year-1 deduction
$118,000
Year-1 tax shield @ 32%
$38,000
Land 19% (county tax record, assessed value split) · building $325,000 over 39 years · new furniture $23,000
Based on: 2,384 sq ft, built 1992, 4 bd / 3 ba, unfurnished, listing features (patio, fence, fireplace, flooring types).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $93,000 in year 1 (17% short-life, $30,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $9,600
Kitchen cabinetsdefault
$11,000 new × 40% good × 2.17 allocation
- $7,800
Kitchen countertopsdefault
$9,000 new × 40% good × 2.17 allocation
- $3,600
Decorative trimdefault
$4,200 new × 40% good × 2.17 allocation
- $400
Mirrorsdefault
$500 new × 40% good × 2.17 allocation
- $1,300
Shelvingdefault
$1,500 new × 40% good × 2.17 allocation
- $5,200
Window coverings (24)default
$6,000 new × 40% good × 2.17 allocation
- $3,300
Carpet, vinyl & laminate (25% of floors)listing
$3,800 new × 40% good × 2.17 allocation
- $7,400
Kitchen & laundry equipment plumbingdefault
$8,600 new × 40% good × 2.17 allocation
- $4,500
Kitchen, laundry & data equipment electricaldefault
$5,200 new × 40% good × 2.17 allocation
- $7,000
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.17 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $13,700
Paving: driveway & walks (paved)default
$12,700 new × 50% good × 2.17 allocation
- $10,600
Landscaping (typical)default
$9,700 new × 50% good × 2.17 allocation
- $11,600
Patioslisting
$10,700 new × 50% good × 2.17 allocation
- $2,600
Decks & porches (attached)default
$2,400 new × 50% good × 2.17 allocation
- $6,500
Fencinglisting
$6,000 new × 50% good × 2.17 allocation
- $242,800
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$258,500 new × 43% good × 2.17 allocation
- $23,300
Building plumbing & fixturesdefault
$26,900 new × 40% good × 2.17 allocation
- $23,800
Building electrical & lightingdefault
$27,500 new × 40% good × 2.17 allocation
- $23,300
HVACdefault
$26,900 new × 40% good × 2.17 allocation
- $10,000
Hardwood & tile floorsdefault
$11,500 new × 40% good × 2.17 allocation
- $2,300
Fireplacelisting
$2,600 new × 40% good × 2.17 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $73,200 | $44,900 | $300 | $118,400 |
| 2 | $0 | $0 | $8,300 | $8,300 |
| 3 | $0 | $0 | $8,300 | $8,300 |
| 4 | $0 | $0 | $8,300 | $8,300 |
| 5 | $0 | $0 | $8,300 | $8,300 |
| 6+ | $0 | $0 | $291,700 | $291,700 |
| Total | $73,200 | $44,900 | $325,400 | $443,500 |
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
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.