201 E Aeroplane Blvd
Big Bear City, CA 92314
$529,000
4 bd · 2 ba · 1,504 sqft · Listed 1d ago
View on Realtor.com →Year built
1974
Sqft
1,504
Lot sqft
5,502
HOA / mo
$0
Furnished
Yes
List date
2026-10-26T21:17:08.000000Z
Revenue
Annual revenue
$32,295
ADR
$309
Occupancy
29%
Cleaning fees (12 mo)
$5,683
Confidence
Low (44.47), 37 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $28,119
4-Bedroom Jacuzzi, Car, RV Parking & EV charging
Cabin · 4 bd · 2 ba · sleeps 10 · 443 ft
Revenue $20,323ADR $612Occ ≈ 9%5★ (2)
SuperHost's creation: MiniCastle
House · 4 bd · 2 ba · sleeps 10 · 0.3 mi
- Free parking
- Pets OK
- Wifi
- Kitchen
- +2
Revenue $37,664ADR $317Occ ≈ 33%5★ (93)
Golden Bear - Comfy cabin, short drive to the lake! Ping Pong and Pool Table! Darts and Air Hockey!
Vacation home · 4 bd · 2 ba · sleeps 10 · 0.4 mi
Revenue $35,359ADR $353Occ ≈ 27%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Big Bear Cabana Near Lake W/ Hot Tub, Shuffleboard House
| 4 bd · 2 ba · sleeps 10 | $972 | $486 | 1% | 5★ (1) | 13 ft | AirbnbVrboBooking |
4-Bedroom Jacuzzi, Car, RV Parking & EV charging Cabin | 4 bd · 2 ba · sleeps 10 | $20,323 | $612 | 9% | 5★ (2) | 443 ft | Airbnb |
Serene Mtn Views, Hiking, Ski, Firepit,Stargaze. Cabin | 4 bd · 1.5 ba · sleeps 10 | $55,365 | $377 | 40% | 4.9★ (154) | 0.1 mi | AirbnbVrboBooking |
SuperHost's creation: MiniCastle House
| 4 bd · 2 ba · sleeps 10 | $37,664 | $317 | 33% | 5★ (93) | 0.3 mi | Airbnb |
Fall Retreat Family Cabin Hot Tub+BBQ+Game Room Cabin
| 4 bd · 3 ba · sleeps 10 | $38,407 | $507 | 21% | 5★ (93) | 0.4 mi | AirbnbVrbo |
Golden Bear - Comfy cabin, short drive to the lake! Ping Pong and Pool Table! Darts and Air Hockey! Vacation home | 4 bd · 2 ba · sleeps 10 | $35,359 | $353 | 27% | — | 0.4 mi | Booking |
5 Mi to Snow Summit: Cabin w/ Deck & Fireplace Cabin
| 4 bd · 3 ba · sleeps 9 | $12,612 | $394 | 9% | 4.5★ (23) | 0.4 mi | AirbnbVrboBooking |
Woodland Hideaway - Stylish, Spacious, Hiking, EV Cabin
| 4 bd · 2 ba · sleeps 9 | $29,524 | $247 | 33% | 5★ (37) | 0.4 mi | AirbnbBooking |
Laugh, Play & Chill in Big Bear’s Golden Bear Cabin
| 4 bd · 2 ba · sleeps 10 | $24,871 | $262 | 26% | 4.1★ (11) | 0.5 mi | AirbnbVrbo |
"Oktoberfest” 20% off New Villa, AC, pool tbl, 10p Villa
| 4 bd · 3 ba · sleeps 10 | $3,030 | $606 | 1% | — | 0.5 mi | AirbnbVrbo |
Show 10 more
Skylight Chalet - 4 BR/2.5 Bath Home, Sleeps 8
House · 4 bd · 2.5 ba · sleeps 10 · 0.5 mi
- Free parking
- Pets OK
- Wifi
- Kitchen
- +3
Revenue $11,421ADR $455Occ ≈ 7%5★ (80)
Doble your pleasure #2127
Vacation home · 4 bd · 2 ba · sleeps 10 · 0.6 mi
Revenue $40,789ADR $667Occ ≈ 17%—
Pine Forest Cabin (beautiful fenced yard & deck!)
Cabin · 4 bd · 3 ba · sleeps 10 · 0.8 mi
Revenue $64,854ADR $461Occ ≈ 39%5★ (116)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Skylight Chalet - 4 BR/2.5 Bath Home, Sleeps 8 House
| 4 bd · 2.5 ba · sleeps 10 | $11,421 | $455 | 7% | 5★ (80) | 0.5 mi | Airbnb |
4BR Cabin Near Big Bear Lake, Ski, Hike EV Charger House
| 4 bd · 3 ba · sleeps 10 | $43,355 | $396 | 30% | 4.8★ (48) | 0.5 mi | AirbnbVrboBooking |
*Bear City Doble Your Pleasure Retreat*Hot Tub* Cabin | 4 bd · 2 ba · sleeps 10 | $43,885 | $122 | 99% | 4.5★ (20) | 0.6 mi | AirbnbBooking |
Doble your pleasure #2127 Vacation home | 4 bd · 2 ba · sleeps 10 | $40,789 | $667 | 17% | — | 0.6 mi | Booking |
Cozy Bear Lodge- Modern, Clean Cabin w Private spa House
| 4 bd · 2 ba · sleeps 12 | $5,168 | $281 | 5% | 5★ (3) | 0.6 mi | AirbnbBooking |
Fun-Filled Big Bear Retreat for Families & Friends House
| 4 bd · 2 ba · sleeps 10 | $24,498 | $306 | 22% | 4.2★ (4) | 0.6 mi | AirbnbVrboBooking |
Gold Mountain Getaway Cabin
| 4 bd · 2 ba · sleeps 10 | $26,714 | $370 | 20% | 4.8★ (58) | 0.7 mi | AirbnbVrbo |
Mountain Retreat | Firepit/BBQ | Games House
| 4 bd · 2 ba · sleeps 9 | $25,315 | $420 | 17% | 5★ (19) | 0.7 mi | AirbnbVrboBooking |
Big Bear Cabin | 4BR | Pet-Friendly | Lake & Ski Cabin
| 4 bd · 3 ba · sleeps 10 | $38,670 | $447 | 24% | 4.8★ (148) | 0.7 mi | AirbnbBooking |
Pine Forest Cabin (beautiful fenced yard & deck!) Cabin | 4 bd · 3 ba · sleeps 10 | $64,854 | $461 | 39% | 5★ (116) | 0.8 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
$32,295
NOI
$10,536
Cash flow /mo
-$2,053
Cash needed
$153,410
Cash-on-cash
-16.1%
ROE (yr 1)
-3.6%
Cap rate
2.0%
DSCR
0.30
Year-1 write-off
$125,072
Year-1 tax shield @ 32%
$40,023
Year-1 return on equity
- Cash flow (annual)-$24,632
- Principal paydown$3,269
- Appreciation at%$15,870
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)$6,459
- Platform fees (3% of revenue)$969
- Maintenance / capex (5% of revenue)$1,615
- Utilities & supplies$4,200
- HOA$0
- Property tax$6,613
- Insurance (STR-rated)$2,698
Cash needed to close
- Down payment (25%)$132,250
- Closing costs (4.0%)$21,160
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$40,023
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
$426,000
Short-life (5/15-yr)
$125,000 · 29%
Year-1 deduction
$125,000
Year-1 tax shield @ 32%
$40,000
Land 20% (county tax record, assessed value split) · building $301,000 over 39 years
Based on: 1,504 sq ft, built 1974, 4 bd / 2 ba, furnished, listing features (hot tub, patio, game room, fireplace, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $94,000 in year 1 (22% short-life, $30,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $12,400
Kitchen cabinetsdefault
$9,100 new × 40% good × 3.40 allocation
- $10,100
Kitchen countertopsdefault
$7,400 new × 40% good × 3.40 allocation
- $3,600
Decorative trimdefault
$2,600 new × 40% good × 3.40 allocation
- $400
Mirrorsdefault
$300 new × 40% good × 3.40 allocation
- $2,000
Shelvingdefault
$1,500 new × 40% good × 3.40 allocation
- $5,100
Window coverings (15)default
$3,800 new × 40% good × 3.40 allocation
- $5,300
Carpet, vinyl & laminate (40% of floors)default
$3,900 new × 40% good × 3.40 allocation
- $9,600
Kitchen & laundry equipment plumbingdefault
$7,100 new × 40% good × 3.40 allocation
- $5,800
Kitchen, laundry & data equipment electricaldefault
$4,300 new × 40% good × 3.40 allocation
- $2,300
Appliances (microwave, dishwasher)listing
$1,700 new × 40% good × 3.40 allocation
- $12,200
Hot tub (freestanding)listing
$9,000 new × 40% good × 3.40 allocation
- $9,200
Furniture conveyed with the sale (used)listing
$23,000 new × 40% good · out of the price
- $2,400
Game-room equipment (used)listing
$6,000 new × 40% good · out of the price
- $17,100
Paving: driveway & walks (paved)default
$10,000 new × 50% good × 3.40 allocation
- $13,100
Landscaping (typical)default
$7,700 new × 50% good × 3.40 allocation
- $11,500
Patioslisting
$6,800 new × 50% good × 3.40 allocation
- $2,500
Decks & porches (attached)default
$1,500 new × 50% good × 3.40 allocation
- $221,100
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$162,500 new × 40% good × 3.40 allocation
- $23,000
Building plumbing & fixturesdefault
$16,900 new × 40% good × 3.40 allocation
- $22,200
Building electrical & lightingdefault
$16,300 new × 40% good × 3.40 allocation
- $23,000
HVACdefault
$16,900 new × 40% good × 3.40 allocation
- $7,900
Hardwood & tile floorsdefault
$5,800 new × 40% good × 3.40 allocation
- $3,600
Fireplacelisting
$2,600 new × 40% good × 3.40 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $80,500 | $44,300 | $300 | $125,100 |
| 2 | $0 | $0 | $7,700 | $7,700 |
| 3 | $0 | $0 | $7,700 | $7,700 |
| 4 | $0 | $0 | $7,700 | $7,700 |
| 5 | $0 | $0 | $7,700 | $7,700 |
| 6+ | $0 | $0 | $269,600 | $269,600 |
| Total | $80,500 | $44,300 | $300,800 | $425,500 |
The building's share of the price ($414,000) is 3.4x our depreciated replacement cost of the home ($122,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.
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.