STR Yield
← Back to deals

Rate 8.07% = 7.32% Freddie Mac 30-yr avg (Oct 22) + 0.75% investor premium

929 McAlister Rd

929 McAlister Rd

Big Bear City, CA 92314

$575,000

3 bd · 2 ba · 1,618 sqft · Listed today

View on Realtor.com →
Negative cash flow

Year built

1988

Sqft

1,618

Lot sqft

8,917

HOA / mo

$0

Furnished

Yes

List date

2026-10-27T00:56:27.000000Z

Revenue

Annual revenue

$35,007

ADR

$267

Occupancy

36%

Cleaning fees (12 mo)

$7,286

Confidence

Med (52.4), 47 comps

Comp revenue range (p25 / median / p75)

$23,021$26,690$40,136

Median revenue of shown comps: $27,481

  • Gorgeous! Hot Tub/Skee-Ball! - Woodside Lodge

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 62 ft

    Revenue $55,700ADR $617Occ ≈ 25%4.8★ (38)

    Delisted

  • Big BearCabin~HotTub~Pets~Mins to Bear&Octoberfest

    House · 3 bd · 3 ba · sleeps 10 · 121 ft

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +2

    Revenue $29,526ADR $479Occ ≈ 17%4.7★ (273)

    AirbnbVrbo

  • ALINA’S BIG BEAR FIREHOUSE W/ HOT TUB & GAME ROOM

    Cabin · 3 bd · 2 ba · sleeps 8 · 289 ft

    Revenue $38,971ADR $361Occ ≈ 30%4.8★ (369)

    Airbnb

  • Exquisite BigBear 3Br/2.5Ba Cabi

    House · 3 bd · 2.5 ba · sleeps 8 · 341 ft

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +1

    Revenue $58,804ADR $338Occ ≈ 48%4.9★ (54)

    AirbnbVrbo

  • Cabin w/ Hot Tub & Pool Table | Near Snow Summit

    Cabin · 3 bd · 1.5 ba · sleeps 8 · 361 ft

    Revenue $48,028ADR $305Occ ≈ 43%4.9★ (165)

    AirbnbVrbo

  • Fawn Hollow:Spa!Pool Table!Internet!Near Bear Mtn!

    House · 3 bd · 2.5 ba · sleeps 10 · 394 ft

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $48,506ADR $313Occ ≈ 42%4.7★ (102)

    AirbnbVrbo

  • MOUNTAIN ESCAPE IN BEAUTIFUL FOX FARM

    House · 3 bd · 2 ba · sleeps 8 · 423 ft

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +4

    Revenue $24,647ADR $199Occ ≈ 34%4.8★ (104)

    Airbnb

  • Shooting Star Retreat: Near Ski Resort! Hot Tub!

    House · 3 bd · 2 ba · sleeps 8 · 466 ft

    Revenue $20,199ADR $251Occ ≈ 22%4.8★ (10)

    Airbnb

  • Cedar Pines Cabin by Destination Big Bear : Close to Bear Mountain! Cable! Propane BBQ! Air Hockey! Internet! Fenced Yard!

    House · 3 bd · 2 ba · sleeps 7 · 469 ft

    • Wifi
    • Kitchen
    • Fireplace
    • View

    Revenue $28,547ADR $199Occ ≈ 39%4.3★ (70)

    AirbnbVrbo

  • Bear Slumbers, spa, Wifi, foosball, pool/ping pong

    House · 3 bd · 2 ba · sleeps 8 · 486 ft

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +3

    Revenue $16,976ADR $419Occ ≈ 11%4.8★ (139)

    AirbnbVrbo

Show 34 more
  • Blissful Cabin In Park like Setting w/ king bed

    House · 3 bd · 2 ba · sleeps 8 · 509 ft

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +2

    Revenue $26,358ADR $367Occ ≈ 20%5★ (9)

    Airbnb

  • Hot Tub & Deck: Big Bear Gem Near Resorts!

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $26,557ADR $213Occ ≈ 34%4.5★ (24)

    Booking

  • Big Bear Cabin • Hot Tub • Family & Pets • EV

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.1 mi

    Revenue $21,951ADR $382Occ ≈ 16%5★ (17)

    Delisted

  • Mont Moderne in Big Bear

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $41,587ADR $307Occ ≈ 37%5★ (1)

    Booking

  • Hot tub! Pet friendly+Fenced yard. Cozy BB Cabin.

    Cabin · 3 bd · 1 ba · sleeps 6 · 0.1 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $11,239ADR $349Occ ≈ 9%4.7★ (101)

    AirbnbVrbo

  • Summit View Treehouse:PetFriendly!ClosetoBearMtn!

    House · 3 bd · 1.5 ba · sleeps 7 · 0.1 mi

    • Pets OK
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $35,984ADR $223Occ ≈ 44%5★ (40)

    AirbnbVrbo

  • Arktos Jewel Log Cabin w/ Hot Tub + Pool Table

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.1 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +4

    Revenue $77,327ADR $423Occ ≈ 50%4.3★ (45)

    AirbnbVrboBooking

  • Lower Moonridge | AC + Fireplace + Views

    House · 3 bd · 2 ba · sleeps 8 · 0.1 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $25,909ADR $415Occ ≈ 17%4.5★ (6)

    AirbnbVrboBooking

  • Hot Tub | Lake, Golf & Hiking | Family Fun | BBQ

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +1

    Revenue $41,107ADR $309Occ ≈ 36%5★ (31)

    AirbnbVrbo

  • Luxurious Log Cabin

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +4

    Revenue $50,793ADR $382Occ ≈ 36%5★ (196)

    Airbnb

  • Country Barn Estate

    Barn · 3 bd · 3 ba · sleeps 8 · 0.1 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $6,822ADR $612Occ ≈ 3%5★ (171)

    AirbnbVrbo

  • Moonridge Family Lodge, Sleeps 8, Pool Table

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +5

    Revenue $22,911ADR $325Occ ≈ 19%5★ (43)

    AirbnbVrbo

  • Charming 3BR Cabin -Quiet Hot Tub close to slopes

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $50,941ADR $287Occ ≈ 49%4.8★ (201)

    Airbnb

  • HOT TUB!PoolTable!Close to Bear Mtn Shuttles&Zoo!

    House · 3 bd · 2 ba · sleeps 7 · 0.2 mi

    Revenue $47,870ADR $342Occ ≈ 38%4.7★ (105)

    Airbnb

  • Constellation Cabin

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.2 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $23,896ADR $344Occ ≈ 19%5★ (122)

    Airbnb

  • Hot Tub, 2 Fireplaces, Covered Patio

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

    Revenue $22,806ADR $326Occ ≈ 19%4.2★ (13)

    AirbnbBooking

  • Cozy 3 Bed, 1 Bath Cabin. Just $10 Per Pet Per Nt.

    House · 3 bd · 1 ba · sleeps 6 · 0.2 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $34,656ADR $169Occ ≈ 56%4.8★ (316)

    AirbnbVrbo

  • Designer Snow Queen, Mins to Ski/Lake & Hot Tub

    House · 3 bd · 2 ba · sleeps 9 · 0.2 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $6,810ADR $247Occ ≈ 8%5★ (5)

    AirbnbVrboBooking

  • Ateam Cabin- 5 mins to ski slopes

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $29,511ADR $366Occ ≈ 22%4.5★ (6)

    Delisted

  • A-shape cabin -5 mins to the ski slopes

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $23,310ADR $247Occ ≈ 26%3.7★ (7)

    Delisted

  • Silver Lining / SPA & EV Prime Location Moonridge

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

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $37,924ADR $228Occ ≈ 46%4.8★ (64)

    AirbnbVrboBooking

  • Whispering Pines Cabin – Tranquility in the Trees

    House · 3 bd · 2 ba · sleeps 7 · 0.2 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $26,690ADR $272Occ ≈ 27%4.5★ (26)

    AirbnbVrbo

  • The Kitchy Cabin: Big Bear Mountain Getaway

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $9,256ADR $429Occ ≈ 6%4.8★ (139)

    Delisted

  • Monterey Log Lair with Pool Table - Slope Views

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $40,317ADR $268Occ ≈ 41%4★ (1)

    Booking

  • Monterey Log Pup Den - Pool Table, Slope Mtn View!

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

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +3

    Revenue $37,485ADR $274Occ ≈ 37%5★ (82)

    AirbnbVrbo

  • Walk to Slope Pickup & Zoo! Fireplaces,Balcony&BBQ

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.2 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +3

    Revenue $18,348ADR $228Occ ≈ 22%4.8★ (59)

    AirbnbVrboBooking

  • Switzerland - Close to Slopes & Zoo, Fireplace, Deck, Barbecue

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $24,956ADR $422Occ ≈ 16%—

    Booking

  • Rustic Big Bear Cabin | Hot Tub + Walk to Trails

    Cabin · 3 bd · 1 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +3

    Revenue $26,023ADR $250Occ ≈ 29%4.7★ (27)

    Airbnb

  • Summit Views-Mins from Bear Mtn., Golf, and Zoo

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

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $23,276ADR $256Occ ≈ 25%4.9★ (17)

    AirbnbVrbo

  • Near Bear Mtn | Hot Tub + Game Room

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $39,955ADR $388Occ ≈ 28%4.8★ (14)

    AirbnbVrbo

  • NEW Hot Tub • Central Heat • NearZoo • Fenced Yard

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

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +5

    Revenue $30,657ADR $288Occ ≈ 29%4.9★ (67)

    AirbnbVrbo

  • Walk to Bear Mtn & Zoo | Fireplace

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

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $11,990ADR $356Occ ≈ 9%4.4★ (16)

    AirbnbVrbo

  • Walk to Zoo, Game Room, Hot Tub, Luxury Cabin

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +4

    Revenue $28,271ADR $562Occ ≈ 14%5★ (45)

    Airbnb

  • LA Miracle's Chalet *Pet Friendly/HotTub*

    Cabin · 3 bd · 1.5 ba · sleeps 7 · 0.2 mi

    Revenue $18,890ADR $256Occ ≈ 20%4.8★ (33)

    Delisted

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 8.07% = 7.32% Freddie Mac 30-yr avg (Oct 22) + 0.75% investor premium

Est. revenue

$35,007

NOI

$11,748

Cash flow /mo

-$2,206

Cash needed

$166,750

Cash-on-cash

-15.9%

ROE (yr 1)

-3.4%

Cap rate

2.0%

DSCR

0.31

Year-1 write-off

$145,653

Year-1 tax shield @ 32%

$46,609

Year-1 return on equity

  • Cash flow (annual)-$26,478
  • Principal paydown$3,553
  • Appreciation at%$17,250
ROE-3.4%

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)$7,001
  • Platform fees (3% of revenue)$1,050
  • Maintenance / capex (5% of revenue)$1,750
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$7,188
  • Insurance (STR-rated)$2,933

Cash needed to close

  • Down payment (25%)$143,750
  • Closing costs (4.0%)$23,000
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$46,609

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

$433,000

Short-life (5/15-yr)

$145,000 · 34%

Year-1 deduction

$146,000

Year-1 tax shield @ 32%

$47,000

Land 25% (county tax record, assessed value split) · building $288,000 over 39 years

Based on: 1,618 sq ft, built 1988, 3 bd / 2 ba, furnished, listing features (hot tub, deck, patio, fireplace, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $91,000 in year 1 (21% short-life, $29,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$80,500
  • Kitchen cabinetsdefault

    $9,300 new × 40% good × 3.10 allocation

    $11,600
  • Kitchen countertopsdefault

    $7,600 new × 40% good × 3.10 allocation

    $9,500
  • Decorative trimdefault

    $2,800 new × 40% good × 3.10 allocation

    $3,500
  • Mirrorsdefault

    $300 new × 40% good × 3.10 allocation

    $400
  • Shelvingdefault

    $1,200 new × 40% good × 3.10 allocation

    $1,500
  • Window coverings (16)default

    $4,000 new × 40% good × 3.10 allocation

    $5,000
  • Carpet, vinyl & laminate (100% of floors)listing

    $10,400 new × 40% good × 3.10 allocation

    $12,900
  • Kitchen & laundry equipment plumbingdefault

    $7,300 new × 40% good × 3.10 allocation

    $9,000
  • Kitchen, laundry & data equipment electricaldefault

    $4,400 new × 40% good × 3.10 allocation

    $5,500
  • Appliances (range, disposal)listing

    $2,200 new × 40% good × 3.10 allocation

    $2,700
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 3.10 allocation

    $11,200
  • Furniture conveyed with the sale (used)listing

    $19,500 new × 40% good · out of the price

    $7,800
15-year land improvements$64,900
  • Paving: driveway & walks (paved)default

    $8,300 new × 50% good × 3.10 allocation

    $12,900
  • Landscaping (typical)default

    $8,000 new × 50% good × 3.10 allocation

    $12,400
  • Patioslisting

    $7,300 new × 50% good × 3.10 allocation

    $11,300
  • Decks & porches (attached)listing

    $18,200 new × 50% good × 3.10 allocation

    $28,200
Building, 39-year$287,900
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $175,300 new × 40% good × 3.10 allocation

    $217,400
  • Building plumbing & fixturesdefault

    $18,200 new × 40% good × 3.10 allocation

    $22,600
  • Building electrical & lightingdefault

    $17,800 new × 40% good × 3.10 allocation

    $22,100
  • HVACdefault

    $18,200 new × 40% good × 3.10 allocation

    $22,600
  • Fireplacelisting

    $2,600 new × 40% good × 3.10 allocation

    $3,300

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$80,500$64,900$300$145,700
2$0$0$7,400$7,400
3$0$0$7,400$7,400
4$0$0$7,400$7,400
5$0$0$7,400$7,400
6+$0$0$258,000$258,000
Total$80,500$64,900$287,900$433,200

The building's share of the price ($425,000) is 3.1x our depreciated replacement cost of the home ($137,000). 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.