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Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium

1010 Brookside Ln

1010 Brookside Ln

Fawnskin, CA 92333

$599,000

4 bd · 2 ba · 2,229 sqft · Listed 1d ago

View on Realtor.com →
Low confidenceNegative cash flow

Year built

1971

Sqft

2,229

Lot sqft

5,481

HOA / mo

$0

Furnished

Yes

List date

2026-10-04T15:57:17.000000Z

Revenue

Annual revenue

$28,724

ADR

$550

Occupancy

14%

Cleaning fees (12 mo)

$4,363

Confidence

Low (19.13), 24 comps

Comp revenue range (p25 / median / p75)

$11,575$24,547$44,771

Median revenue of shown comps: $23,982

  • Welcoming Mountain Home in the Quiet area of Fawnskin

    House · 4 bd · 3 ba · sleeps 10 · 266 ft

    Revenue $20,055ADR $577Occ ≈ 10%5★ (37)

    Vrbo

  • Walking distance to lake! Amazing views! Kayak!

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.1 mi

    Revenue $44,916ADR $389Occ ≈ 32%5★ (12)

    Airbnb

  • Step into the Lazy Bear Lodge

    Cabin · 4 bd · 2.5 ba · sleeps 12 · 0.1 mi

    Revenue $44,771ADR $567Occ ≈ 22%5★ (30)

    Airbnb

  • Modern & Spacious Cabin in Big Bear

    Cabin · 4 bd · 3 ba · sleeps 11 · 0.2 mi

    Revenue $35,564ADR $575Occ ≈ 17%4.8★ (35)

    AirbnbVrbo

  • Peace in the Chaos. Walk to Lake!

    House · 4 bd · 3 ba · sleeps 12 · 0.2 mi

    Revenue $11,032ADR $1,002Occ ≈ 3%5★ (49)

    AirbnbVrbo

  • Lakeview Mountain Retreat w/ Balcony Near Big Bear

    House · 4 bd · 2 ba · sleeps 10 · 0.2 mi

    Revenue $8,900ADR $506Occ ≈ 5%—

    Airbnb

  • New! Bearadise ~ Lake Views Lodge

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.2 mi

    Revenue $70,735ADR $36,529Occ ≈ 1%4.8★ (12)

    Airbnb

  • Lakeview cabin with BBQPool tableJetted tub

    Cabin · 4 bd · 2 ba · sleeps 10 · 0.2 mi

    Revenue $22,707ADR $584Occ ≈ 11%4.7★ (13)

    AirbnbVrboBooking

  • Lakeview cabin with BBQ, pool table, jetted tub, just a short walk to marina!

    Cabin · 4 bd · 2 ba · sleeps 10 · 0.2 mi

    Revenue $1,156ADR $523Occ ≈ 1%5★ (13)

    Vrbo

  • Lakeview cabin with BBQ, pool table, jetted tub, just a short walk to marina!

    Cabin · 4 bd · 2 ba · sleeps 10 · 0.3 mi

    Revenue $11,575ADR $482Occ ≈ 7%—

    Vrbo

Show 8 more
  • Large-Group Cabin | Walk to Lake | Sleeps 12

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.3 mi

    Revenue $18,094ADR $603Occ ≈ 8%4.9★ (10)

    AirbnbVrbo

  • Big Bear 7th Heaven ~ Lakeview Chalet with Hot Tub, Sauna, Grill, Great Deck Views

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.3 mi

    Revenue $41,353ADR $1,253Occ ≈ 9%—

    Vrbo

  • Big Bear 7th Heaven ~ Lakeview Chalet with Hot Tub, Sauna, Grill, Great Deck Views

    Vacation home · 4 bd · 3 ba · sleeps 10 · 0.3 mi

    Revenue $78,724ADR $1,674Occ ≈ 13%—

    Booking

  • Big Bear 7th Heaven #714

    Vacation home · 4 bd · 3 ba · sleeps 10 · 0.3 mi

    Revenue $92,696ADR $1,716Occ ≈ 15%5★ (1)

    Booking

  • Big Bear 7th Heaven~ Sauna, Grill, Hot Tub, Views

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.3 mi

    Revenue $49,488ADR $1,407Occ ≈ 10%—

    AirbnbVrboBooking

  • Big Bear-near lake✤Cozy, Secluded Hilltop Hideaway

    House · 4 bd · 3 ba · sleeps 11 · 0.3 mi

    Revenue $2,356ADR $392Occ ≈ 2%4.8★ (156)

    Airbnb

  • Fawnskin Family Cabin - 4BR/2BA/Gameroom/Deck

    Cabin · 4 bd · 2 ba · sleeps 10 · 0.4 mi

    Revenue $25,257ADR $631Occ ≈ 11%4.3★ (11)

    AirbnbBooking

  • Big Bear Cabin w/ Views, 2 Decks, Firepit & BBQ

    House · 4 bd · 3 ba · sleeps 9 · 0.4 mi

    Revenue $123ADR $123Occ ≈ 0%—

    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
Term

Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium

Est. revenue

$28,724

NOI

$6,837

Cash flow /mo

-$2,736

Cash needed

$173,710

Cash-on-cash

-18.9%

ROE (yr 1)

-6.4%

Cap rate

1.1%

DSCR

0.17

Year-1 write-off

$146,528

Year-1 tax shield @ 32%

$46,889

Year-1 return on equity

  • Cash flow (annual)-$32,833
  • Principal paydown$3,731
  • Appreciation at%$17,970
ROE-6.4%

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)$5,745
  • Platform fees (3% of revenue)$862
  • Maintenance / capex (5% of revenue)$1,436
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$7,488
  • Insurance (STR-rated)$3,055

Cash needed to close

  • Down payment (25%)$149,750
  • Closing costs (4.0%)$23,960
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$46,889

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

$481,000

Short-life (5/15-yr)

$146,000 · 30%

Year-1 deduction

$147,000

Year-1 tax shield @ 32%

$47,000

Land 20% (county tax record, assessed value split) · building $335,000 over 39 years

Based on: 2,229 sq ft, built 1971, 4 bd / 2 ba, furnished, listing features (deck, fence, fireplace, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $88,000 in year 1 (18% short-life, $28,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$78,100
  • Kitchen cabinetsdefault

    $10,700 new × 40% good × 2.59 allocation

    $11,100
  • Kitchen countertopsdefault

    $8,700 new × 40% good × 2.59 allocation

    $9,100
  • Decorative trimdefault

    $3,900 new × 40% good × 2.59 allocation

    $4,000
  • Mirrorsdefault

    $300 new × 40% good × 2.59 allocation

    $300
  • Shelvingdefault

    $1,500 new × 40% good × 2.59 allocation

    $1,600
  • Window coverings (22)default

    $5,500 new × 40% good × 2.59 allocation

    $5,700
  • Carpet, vinyl & laminate (100% of floors)listing

    $14,300 new × 40% good × 2.59 allocation

    $14,900
  • Kitchen & laundry equipment plumbingdefault

    $8,300 new × 40% good × 2.59 allocation

    $8,600
  • Kitchen, laundry & data equipment electricaldefault

    $5,000 new × 40% good × 2.59 allocation

    $5,200
  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)listing

    $8,100 new × 40% good × 2.59 allocation

    $8,400
  • Furniture conveyed with the sale (used)listing

    $23,000 new × 40% good · out of the price

    $9,200
15-year land improvements$68,100
  • Paving: driveway & walks (paved)default

    $9,800 new × 50% good × 2.59 allocation

    $12,700
  • Landscaping (typical)default

    $9,400 new × 50% good × 2.59 allocation

    $12,200
  • Patiosdefault

    $2,200 new × 50% good × 2.59 allocation

    $2,900
  • Decks & porches (attached)listing

    $25,100 new × 50% good × 2.59 allocation

    $32,500
  • Fencinglisting

    $6,000 new × 50% good × 2.59 allocation

    $7,800
Building, 39-year$334,900
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $241,800 new × 40% good × 2.59 allocation

    $250,800
  • Building plumbing & fixturesdefault

    $25,100 new × 40% good × 2.59 allocation

    $26,000
  • Building electrical & lightingdefault

    $25,500 new × 40% good × 2.59 allocation

    $26,500
  • HVACdefault

    $25,100 new × 40% good × 2.59 allocation

    $26,100
  • Fireplaces (2)listing

    $5,300 new × 40% good × 2.59 allocation

    $5,500

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$78,100$68,100$400$146,500
2$0$0$8,600$8,600
3$0$0$8,600$8,600
4$0$0$8,600$8,600
5$0$0$8,600$8,600
6+$0$0$300,200$300,200
Total$78,100$68,100$334,900$481,000

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

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.