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1150 Snowcap Trl

1150 Snowcap Trl

Redding, CA 96003

$440,000

3 bd · 2 ba · 1,786 sqft · Listed 1d ago

View on Realtor.com →

Year built

2002

Sqft

1,786

Lot sqft

8,276

HOA / mo

$115

Furnished

No

List date

2026-10-27T17:59:44.000000Z

Revenue

Annual revenue

$38,238

ADR

$147

Occupancy

71%

Cleaning fees (12 mo)

$5,337

Confidence

Low (42.41), 8 comps

Comp revenue range (p25 / median / p75)

$23,010$32,368$48,981

Median revenue of shown comps: $38,765

  • Comfort 4 mins Bethel · 3B/2B · Laundry · BBQ ·Pet

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

    Revenue $33,318ADR $131Occ ≈ 70%—

    Delisted

  • Parkside 3BR Retreat • 2 Kings Beds • Near Bethel

    House · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $31,417ADR $194Occ ≈ 44%4.8★ (6)

    Delisted

  • *New* Overflow 96 | Pool - Hot tub - Central!

    House · 3 bd · 2 ba · sleeps 10 · 0.5 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +3

    Revenue $65,490ADR $301Occ ≈ 60%4.9★ (45)

    AirbnbVrbo

  • 🏡 The Artsy Abode ✨ Family Friendly w/ Hot Tub ♨️

    House · 3 bd · 2 ba · sleeps 8 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +2

    Revenue $63,289ADR $238Occ ≈ 73%5★ (262)

    AirbnbVrbo

  • Modest luxury centrally located

    House · 3 bd · 2 ba · sleeps 6 · 0.6 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $44,212ADR $368Occ ≈ 33%4.8★ (55)

    AirbnbVrbo

  • Quaint, quiet, and centrally located near Bethel!

    House · 3 bd · 2 ba · sleeps 7 · 0.7 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $8,038ADR $96Occ ≈ 23%4.8★ (78)

    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

Financing
Management

Est. revenue

$38,238

NOI

$14,537

Cash flow /mo

$1,211

Cash needed

$483,100

Cash-on-cash (all cash)

3.0%

ROE (yr 1)

5.7%

Cap rate

3.3%

DSCR

—

Year-1 write-off

$105,073

Year-1 tax shield @ 32%

$33,623

Year-1 return on equity

  • Cash flow (annual)$14,537
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$13,200
ROE5.7%

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)$7,648
  • Platform fees (3% of revenue)$1,147
  • Maintenance / capex (5% of revenue)$1,912
  • Utilities & supplies$4,200
  • HOA$1,380
  • Property tax$5,500
  • Insurance (STR-rated)$2,574

Cash needed to close

  • Purchase price (all cash)$440,000
  • Closing costs (4.0%)$17,600
  • Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$33,623

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

$371,000

Short-life (5/15-yr)

$79,000 · 21%

Year-1 deduction

$105,000

Year-1 tax shield @ 32%

$34,000

Land 16% (county tax record, assessed value split) · building $291,000 over 39 years · new furniture $26,000

Based on: 1,786 sq ft, built 2002, 3 bd / 2 ba, unfurnished, listing features (covered patio, game room, fireplace, flooring types).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $86,000 in year 1 (16% short-life, $27,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$71,500

  • Kitchen cabinetsdefault

    $9,700 new × 40% good × 1.97 allocation

    $7,700

  • Kitchen countertopsdefault

    $7,900 new × 40% good × 1.97 allocation

    $6,300

  • Decorative trimdefault

    $3,100 new × 40% good × 1.97 allocation

    $2,500

  • Mirrorsdefault

    $300 new × 40% good × 1.97 allocation

    $200

  • Shelvingdefault

    $1,200 new × 40% good × 1.97 allocation

    $900

  • Window coverings (18)default

    $4,500 new × 40% good × 1.97 allocation

    $3,600

  • Carpet, vinyl & laminate (67% of floors)listing

    $7,700 new × 40% good × 1.97 allocation

    $6,000

  • Kitchen & laundry equipment plumbingdefault

    $7,600 new × 52% good × 1.97 allocation

    $7,800

  • Kitchen, laundry & data equipment electricaldefault

    $4,600 new × 52% good × 1.97 allocation

    $4,700

  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default

    $8,100 new × 40% good × 1.97 allocation

    $6,400

  • Furniture bought newlisting

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

    $19,500

  • Game-room equipment bought newlisting

    $6,000 new × 100% good · bought separately

    $6,000
15-year land improvements$33,200

  • Paving: driveway & walks (paved)default

    $8,800 new × 50% good × 1.97 allocation

    $8,600

  • Landscaping (typical)default

    $8,400 new × 50% good × 1.97 allocation

    $8,300

  • Covered patiolisting

    $14,700 new × 50% good × 1.97 allocation

    $14,500

  • Decks & porches (attached)default

    $1,800 new × 50% good × 1.97 allocation

    $1,700
Building, 39-year$291,300

  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $193,600 new × 60% good × 1.97 allocation

    $229,300

  • Building plumbing & fixturesdefault

    $20,100 new × 52% good × 1.97 allocation

    $20,600

  • Building electrical & lightingdefault

    $19,900 new × 52% good × 1.97 allocation

    $20,400

  • HVACdefault

    $20,100 new × 40% good × 1.97 allocation

    $15,900

  • Hardwood & tile floorsdefault

    $3,800 new × 40% good × 1.97 allocation

    $3,000

  • Fireplacelisting

    $2,600 new × 40% good × 1.97 allocation

    $2,100

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$71,500$33,200$300$105,100
2$0$0$7,500$7,500
3$0$0$7,500$7,500
4$0$0$7,500$7,500
5$0$0$7,500$7,500
6+$0$0$261,100$261,100
Total$71,500$33,200$291,300$396,000

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.