13387 Lark Ct
Redding, CA 96003
$1,199,000
5 bd · 3 ba · 4,133 sqft · Listed 3d ago
View on Realtor.com →Year built
2003
Sqft
4,133
Lot sqft
167,706
HOA / mo
$0
Furnished
No
List date
2026-10-08T21:01:57.000000Z
Revenue
Annual revenue
$48,277
ADR
$273
Occupancy
48%
Cleaning fees (12 mo)
$7,295
Confidence
Low (15.27), 16 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $25,702
The Shed on Sunrise
House · 4 bd · 3 ba · sleeps 8 · 1.7 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +6
Revenue $19,669ADR $190Occ ≈ 28%4.8★ (19)
The Shed On Sunrise
Vacation home · 5 bd · 3 ba · sleeps 6 · 1.7 mi
Revenue $16,054ADR $277Occ ≈ 16%4.9★ (4)
Bear Mountain Retreat House
House · 5 bd · 3.5 ba · sleeps 13 · 1.8 mi
Revenue $41,685ADR $664Occ ≈ 17%5★ (8)
Delisted
Modern Boho pond escape
House · 6 bd · 3 ba · sleeps 16 · 3.9 mi
Revenue $16,531ADR $736Occ ≈ 6%—
Delisted
Hope Lane Hideaway
House · 6 bd · 3 ba · sleeps 10 · 4.3 mi
Revenue $17,820ADR $422Occ ≈ 12%4.8★ (15)
Delisted
Fairway House/The 5th hole hideaway+Game basement
House · 5 bd · 2 ba · sleeps 10 · 4.6 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $51,251ADR $474Occ ≈ 30%4.9★ (19)
The Ridgewood Estate | Pool - Fire Pit - Central
House · 4 bd · 2.5 ba · sleeps 10 · 4.7 mi
Revenue $121,789ADR $694Occ ≈ 48%5★ (12)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
The Shed on Sunrise House
| 4 bd · 3 ba · sleeps 8 | $19,669 | $190 | 28% | 4.8★ (19) | 1.7 mi | Airbnb |
The Shed On Sunrise Vacation home | 5 bd · 3 ba · sleeps 6 | $16,054 | $277 | 16% | 4.9★ (4) | 1.7 mi | Booking |
Bear Mountain Retreat House House | 5 bd · 3.5 ba · sleeps 13 | $41,685 | $664 | 17% | 5★ (8) | 1.8 mi | Delisted |
Shasta Lake Gorgeous Home w/ Hot Tub/BBQ/Ping-Pong House
| 4 bd · 2 ba · sleeps 12 | $67,729 | $314 | 59% | 5★ (80) | 3.7 mi | AirbnbVrbo |
Modern Boho pond escape House | 6 bd · 3 ba · sleeps 16 | $16,531 | $736 | 6% | — | 3.9 mi | Delisted |
Stunning Cabin Minutes From Shasta Lake Cabin
| 4 bd · 2.5 ba · sleeps 12 | $71,959 | $357 | 55% | 4.8★ (154) | 4.3 mi | AirbnbVrboBooking |
Hope Lane Hideaway House | 6 bd · 3 ba · sleeps 10 | $17,820 | $422 | 12% | 4.8★ (15) | 4.3 mi | Delisted |
*Boat parking *Pool *Hot Tub *3000 sq ft House
| 4 bd · 3.5 ba · sleeps 12 | $78,618 | $361 | 60% | 4.9★ (76) | 4.5 mi | AirbnbVrbo |
Fairway House/The 5th hole hideaway+Game basement House
| 5 bd · 2 ba · sleeps 10 | $51,251 | $474 | 30% | 4.9★ (19) | 4.6 mi | Airbnb |
The Ridgewood Estate | Pool - Fire Pit - Central House | 4 bd · 2.5 ba · sleeps 10 | $121,789 | $694 | 48% | 5★ (12) | 4.7 mi | Airbnb |
Show 7 more
Pool/HotYoga/Cold Plunge/Sauna
House · 4 bd · 2.5 ba · sleeps 12 · 4.7 mi
Revenue $25,702ADR $449Occ ≈ 16%5★ (2)
Delisted
Pool Hot Tub Fire Pit Pet Friendly BBQ 4BR
Vacation home · 4 bd · 2 ba · sleeps 8 · 4.9 mi
Revenue $6,713ADR $555Occ ≈ 3%—
Family Escape | Dog Friendly + Hot Tub + Fire Pit
House · 4 bd · 2 ba · sleeps 8 · 4.9 mi
Revenue $7,056ADR $588Occ ≈ 3%4.8★ (37)
Prime Estate: 4BR Spacious Luxury & Forest Views
House · 4 bd · 2 ba · sleeps 8 · 4.9 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +3
Revenue $7,406ADR $211Occ ≈ 10%5★ (5)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Pool/HotYoga/Cold Plunge/Sauna House | 4 bd · 2.5 ba · sleeps 12 | $25,702 | $449 | 16% | 5★ (2) | 4.7 mi | Delisted |
Beautiful country home on 2.5 Acres, 3500+ sq ft House
| 5 bd · 3.5 ba · sleeps 12 | $77,751 | $434 | 49% | 4.8★ (126) | 4.8 mi | AirbnbVrbo |
Sunny Pines | Pool & Spa+Central House
| 4 bd · 2 ba · sleeps 10 | $92,922 | $506 | 50% | 5★ (30) | 4.9 mi | AirbnbVrbo |
Pool Hot Tub Fire Pit Pet Friendly BBQ 4BR Vacation home | 4 bd · 2 ba · sleeps 8 | $6,713 | $555 | 3% | — | 4.9 mi | Booking |
Family Escape | Dog Friendly + Hot Tub + Fire Pit House | 4 bd · 2 ba · sleeps 8 | $7,056 | $588 | 3% | 4.8★ (37) | 4.9 mi | Airbnb |
Prime Estate: 4BR Spacious Luxury & Forest Views House
| 4 bd · 2 ba · sleeps 8 | $7,406 | $211 | 10% | 5★ (5) | 4.9 mi | Airbnb |
6b/3b home with Huge Lot, RV Parking! King Bed! House
| 6 bd · 3 ba · sleeps 10 | $4,900 | $189 | 7% | 5★ (2) | 4.9 mi | AirbnbVrbo |
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
$48,277
NOI
$10,356
Cash flow /mo
-$5,830
Cash needed
$380,210
Cash-on-cash
-18.4%
ROE (yr 1)
-7.0%
Cap rate
0.9%
DSCR
0.13
Year-1 write-off
$264,188
Year-1 tax shield @ 32%
$84,540
Year-1 return on equity
- Cash flow (annual)-$69,956
- Principal paydown$7,291
- Appreciation at%$35,970
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)$9,655
- Platform fees (3% of revenue)$1,448
- Maintenance / capex (5% of revenue)$2,414
- Utilities & supplies$4,200
- HOA$0
- Property tax$14,988
- Insurance (STR-rated)$7,014
Cash needed to close
- Down payment (25%)$299,750
- Closing costs (4.0%)$47,960
- Furnishing (bought new)$32,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$84,540
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
$1,059,000
Short-life (5/15-yr)
$231,000 · 22%
Year-1 deduction
$264,000
Year-1 tax shield @ 32%
$85,000
Land 12% (county tax record, assessed value split) · building $828,000 over 39 years · new furniture $33,000
Based on: 4,133 sq ft, built 2003, 5 bd / 3 ba, unfurnished, listing features (hot tub, pool, patio, fence, game room, fireplace, stone counters, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $223,000 in year 1 (18% short-life, $71,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $13,600
Kitchen cabinetsdefault
$14,900 new × 40% good × 2.29 allocation
- $13,900
Kitchen countertops (stone)listing
$15,200 new × 40% good × 2.29 allocation
- $6,600
Decorative trimdefault
$7,200 new × 40% good × 2.29 allocation
- $400
Mirrorsdefault
$500 new × 40% good × 2.29 allocation
- $1,600
Shelvingdefault
$1,800 new × 40% good × 2.29 allocation
- $9,400
Window coverings (41)default
$10,300 new × 40% good × 2.29 allocation
- $12,200
Carpet, vinyl & laminate (50% of floors)listing
$13,300 new × 40% good × 2.29 allocation
- $14,300
Kitchen & laundry equipment plumbingdefault
$11,600 new × 54% good × 2.29 allocation
- $8,600
Kitchen, laundry & data equipment electricaldefault
$7,000 new × 54% good × 2.29 allocation
- $4,900
Appliances (range, dishwasher, disposal, refrigerator)listing
$5,400 new × 40% good × 2.29 allocation
- $8,200
Hot tub (freestanding)listing
$9,000 new × 40% good × 2.29 allocation
- $26,500
Furniture bought newlisting
$26,500 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $15,200
Paving: driveway & walks (paved)default
$13,300 new × 50% good × 2.29 allocation
- $14,700
Landscaping (typical)default
$12,800 new × 50% good × 2.29 allocation
- $21,300
Patioslisting
$18,600 new × 50% good × 2.29 allocation
- $4,700
Decks & porches (attached)default
$4,100 new × 50% good × 2.29 allocation
- $74,300
Pool (in-ground)listing
$65,000 new × 50% good × 2.29 allocation
- $6,900
Fencinglisting
$6,000 new × 50% good × 2.29 allocation
- $633,700
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$449,300 new × 62% good × 2.29 allocation
- $57,600
Building plumbing & fixturesdefault
$46,700 new × 54% good × 2.29 allocation
- $61,300
Building electrical & lightingdefault
$49,700 new × 54% good × 2.29 allocation
- $42,600
HVACdefault
$46,600 new × 40% good × 2.29 allocation
- $12,200
Hardwood & tile floorsdefault
$13,300 new × 40% good × 2.29 allocation
- $7,200
Fireplaces (3)listing
$7,900 new × 40% good × 2.29 allocation
- $13,700
Septic systemlisting
$12,000 new × 50% good × 2.29 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $126,300 | $137,000 | $900 | $264,200 |
| 2 | $0 | $0 | $21,200 | $21,200 |
| 3 | $0 | $0 | $21,200 | $21,200 |
| 4 | $0 | $0 | $21,200 | $21,200 |
| 5 | $0 | $0 | $21,200 | $21,200 |
| 6+ | $0 | $0 | $742,500 | $742,500 |
| Total | $126,300 | $137,000 | $828,300 | $1,091,600 |
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.