2143 Montana Ave
Shasta Lake, CA 96019
$299,999
3 bd · 2 ba · 1,689 sqft · Listed 1d ago
View on Realtor.com →Year built
—
Sqft
1,689
Lot sqft
32,670
HOA / mo
$0
Furnished
No
List date
2026-10-13T20:20:43.000000Z
Revenue
Annual revenue
$31,730
ADR
$125
Occupancy
70%
Cleaning fees (12 mo)
$3,848
Confidence
Low (34.75), 6 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $25,037
Close to I5: Newer Pet-friendly Home Near Bethel
House · 3 bd · 2 ba · sleeps 7 · 0.5 mi
Revenue $20,287ADR $142Occ ≈ 39%3.7★ (3)
Shasta Lake Retreat! 4 Bedroom Home on 1/2 acre
House · 4 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $14,066ADR $243Occ ≈ 16%5★ (42)
Delisted
A Touch Of Class and History
House · 2 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $39,055ADR $202Occ ≈ 53%5★ (437)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Lounge + Lake House
| 2 bd · 1 ba · sleeps 4 | $29,786 | $149 | 55% | 4.9★ (72) | 0.4 mi | AirbnbVrbo |
White retreat-close to I5- Petfriendly near Bethel House
| 3 bd · 2 ba · sleeps 8 | $52,619 | $174 | 83% | 4.8★ (82) | 0.4 mi | AirbnbVrboBooking |
Close to I5: Newer Pet-friendly Home Near Bethel House | 3 bd · 2 ba · sleeps 7 | $20,287 | $142 | 39% | 3.7★ (3) | 0.5 mi | Airbnb |
Shasta Lake Retreat! 4 Bedroom Home on 1/2 acre House | 4 bd · 2 ba · sleeps 8 | $14,066 | $243 | 16% | 5★ (42) | 0.5 mi | Delisted |
A Touch of Class and History II House
| 2 bd · 2 ba · sleeps 6 | $4,622 | $173 | 7% | 5★ (9) | 0.6 mi | AirbnbVrbo |
A Touch Of Class and History House | 2 bd · 2 ba · sleeps 6 | $39,055 | $202 | 53% | 5★ (437) | 0.6 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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium
Est. revenue
$31,730
NOI
$13,591
Cash flow /mo
-$542
Cash needed
$106,500
Cash-on-cash
-6.1%
ROE (yr 1)
4.1%
Cap rate
4.5%
DSCR
0.68
Year-1 write-off
$88,005
Year-1 tax shield @ 32%
$28,162
Year-1 return on equity
- Cash flow (annual)-$6,504
- Principal paydown$1,824
- Appreciation at%$9,000
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)$6,346
- Platform fees (3% of revenue)$952
- Maintenance / capex (5% of revenue)$1,587
- Utilities & supplies$4,200
- HOA$0
- Property tax$3,750
- Insurance (STR-rated)$1,755
Cash needed to close
- Down payment (25%)$75,000
- Closing costs (4.0%)$12,000
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$28,162
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
$244,000
Short-life (5/15-yr)
$68,000 · 28%
Year-1 deduction
$88,000
Year-1 tax shield @ 32%
$28,000
Land 19% (county tax record, assessed value split) · building $175,000 over 39 years · new furniture $20,000
Based on: 1,689 sq ft, age unknown, 3 bd / 2 ba, unfurnished, listing features (deck, fireplace).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $56,000 in year 1 (15% short-life, $18,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $6,700
Kitchen cabinetsdefault
$9,500 new × 40% good × 1.76 allocation
- $5,500
Kitchen countertopsdefault
$7,800 new × 40% good × 1.76 allocation
- $2,100
Decorative trimdefault
$3,000 new × 40% good × 1.76 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.76 allocation
- $800
Shelvingdefault
$1,200 new × 40% good × 1.76 allocation
- $3,000
Window coverings (17)default
$4,300 new × 40% good × 1.76 allocation
- $3,100
Carpet, vinyl & laminate (40% of floors)default
$4,300 new × 40% good × 1.76 allocation
- $5,200
Kitchen & laundry equipment plumbingdefault
$7,400 new × 40% good × 1.76 allocation
- $3,100
Kitchen, laundry & data equipment electricaldefault
$4,500 new × 40% good × 1.76 allocation
- $5,700
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 1.76 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $7,500
Paving: driveway & walks (paved)default
$8,500 new × 50% good × 1.76 allocation
- $7,200
Landscaping (typical)default
$8,200 new × 50% good × 1.76 allocation
- $1,500
Patiosdefault
$1,700 new × 50% good × 1.76 allocation
- $16,700
Decks & porches (attached)listing
$19,000 new × 50% good × 1.76 allocation
- $128,900
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$183,000 new × 40% good × 1.76 allocation
- $13,400
Building plumbing & fixturesdefault
$19,000 new × 40% good × 1.76 allocation
- $13,200
Building electrical & lightingdefault
$18,700 new × 40% good × 1.76 allocation
- $13,400
HVACdefault
$19,000 new × 40% good × 1.76 allocation
- $4,600
Hardwood & tile floorsdefault
$6,500 new × 40% good × 1.76 allocation
- $1,900
Fireplacelisting
$2,600 new × 40% good × 1.76 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $54,900 | $32,900 | $200 | $88,000 |
| 2 | $0 | $0 | $4,500 | $4,500 |
| 3 | $0 | $0 | $4,500 | $4,500 |
| 4 | $0 | $0 | $4,500 | $4,500 |
| 5 | $0 | $0 | $4,500 | $4,500 |
| 6+ | $0 | $0 | $157,100 | $157,100 |
| Total | $54,900 | $32,900 | $175,300 | $263,100 |
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.