170 Kern Ave
Sugarloaf, CA 92386
$395,000
5 bd · 2 ba · 1,545 sqft · Listed 11d ago
View on Realtor.com →Year built
1968
Sqft
1,545
Lot sqft
5,001
HOA / mo
$0
Furnished
No
List date
2026-09-18T21:43:25.000000Z
Revenue
Annual revenue
$30,380
ADR
$395
Occupancy
21%
Cleaning fees (12 mo)
$6,403
Confidence
Low (40.53), 24 comps
Comp revenue range (p25 / median / p75)
Sugar Bear Pines Cozy Mountain Retreat
Vacation home · 4 bd · 2 ba · sleeps 8 · 0.2 mi
Revenue $37,145ADR $604Occ ≈ 17%—
Fully Equipped Mountain Escape 10 Min from Town
House · 4 bd · 2.5 ba · sleeps 10 · 0.3 mi
Revenue $25,149ADR $521Occ ≈ 13%4.9★ (44)
* Oak & Stone Lodge * Central A/C * Game Room*Deck
Cabin · 4 bd · 2 ba · sleeps 8 · 0.3 mi
Revenue $50,008ADR $505Occ ≈ 27%5★ (115)
Serene Retreat | Free EV Charger | New Grill
Cottage · 4 bd · 2 ba · sleeps 10 · 0.4 mi
Revenue $52,782ADR $317Occ ≈ 46%4.7★ (44)
Pet Friendly lodge sleeps 4-10
House · 4 bd · 2 ba · sleeps 10 · 0.5 mi
Revenue $29,926ADR $298Occ ≈ 28%4.8★ (48)
Highland Oaks Retreat at Big Bear- Relaxing Sugarloaf Cottage w/ Hot Tub
Vacation home · 4 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $27,254ADR $461Occ ≈ 16%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Brown Bear Retreat | Forest • Trails • Adventure House | 4 bd · 2 ba · sleeps 8 | $21,358 | $466 | 13% | 4.4★ (13) | 305 ft | AirbnbVrbo |
Sugar Bear Pines Cozy Sugarloaf Mountain Retreat Cabin | 4 bd · 1.5 ba · sleeps 8 | $25,816 | $554 | 13% | 4.3★ (10) | 0.2 mi | AirbnbVrboBooking |
Sugar Bear Pines Cozy Mountain Retreat Vacation home | 4 bd · 2 ba · sleeps 8 | $37,145 | $604 | 17% | — | 0.2 mi | Booking |
Fully Equipped Mountain Escape 10 Min from Town House | 4 bd · 2.5 ba · sleeps 10 | $25,149 | $521 | 13% | 4.9★ (44) | 0.3 mi | Airbnb |
* Oak & Stone Lodge * Central A/C * Game Room*Deck Cabin | 4 bd · 2 ba · sleeps 8 | $50,008 | $505 | 27% | 5★ (115) | 0.3 mi | Airbnb |
Serene Retreat | Free EV Charger | New Grill Cottage | 4 bd · 2 ba · sleeps 10 | $52,782 | $317 | 46% | 4.7★ (44) | 0.4 mi | Airbnb |
Inyo Happy Place I Game Room + Fireplace Cabin | 4 bd · 2 ba · sleeps 6 | $21,556 | $237 | 25% | 4.7★ (30) | 0.4 mi | AirbnbVrboBooking |
Pet Friendly lodge sleeps 4-10 House | 4 bd · 2 ba · sleeps 10 | $29,926 | $298 | 28% | 4.8★ (48) | 0.5 mi | Airbnb |
"Vista Pines" Dog Friendly w/Hot Tub & Arcades Cabin | 4 bd · 2 ba · sleeps 10 | $49,277 | $456 | 30% | 5★ (107) | 0.5 mi | AirbnbVrbo |
Highland Oaks Retreat at Big Bear- Relaxing Sugarloaf Cottage w/ Hot Tub Vacation home | 4 bd · 2 ba · sleeps 6 | $27,254 | $461 | 16% | — | 0.5 mi | Booking |
Show all 24 comps
Evergreen Dreams A-Frame | Hot Tub & Pet Friendly
Cabin · 4 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $62,217ADR $271Occ ≈ 63%4.9★ (339)
Sugarloafing ~ Dog-friendly cabin with hot tub, covered porch, fireplace, grill, & W/D
Vacation home · 4 bd · 2 ba · sleeps 8 · 0.6 mi
Revenue $56,051ADR $1,168Occ ≈ 13%—
Skylight Chalet - 4 BR/2.5 Bath Home, Sleeps 8
House · 4 bd · 2.5 ba · sleeps 10 · 0.6 mi
Revenue $10,667ADR $462Occ ≈ 6%5★ (80)
Beautiful 4 bd cabin, Hot Tub,Deck, &parking for 4
Cabin · 4 bd · 2 ba · sleeps 10 · 0.7 mi
Revenue $22,876ADR $293Occ ≈ 21%4.7★ (69)
Cozy Family Cabin
Cabin · 5 bd · 2 ba · sleeps 8 · 0.7 mi
Revenue $30,952ADR $508Occ ≈ 17%4.9★ (39)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Evergreen Dreams A-Frame | Hot Tub & Pet Friendly Cabin | 4 bd · 2 ba · sleeps 8 | $62,217 | $271 | 63% | 4.9★ (339) | 0.5 mi | Airbnb |
Timber lodge Retreat w/Game room Cabin | 4 bd · 2 ba · sleeps 8 | $41,181 | $329 | 34% | 5★ (50) | 0.5 mi | AirbnbVrboBooking |
Sugarloafing ~ Dog-friendly cabin with hot tub, covered porch, fireplace, grill, & W/D Vacation home | 4 bd · 2 ba · sleeps 8 | $56,051 | $1,168 | 13% | — | 0.6 mi | Booking |
Skylight Chalet - 4 BR/2.5 Bath Home, Sleeps 8 House | 4 bd · 2.5 ba · sleeps 10 | $10,667 | $462 | 6% | 5★ (80) | 0.6 mi | Airbnb |
Maple Ridge + Hot-Tub/BBQ & Game Room! House | 4 bd · 2.5 ba · sleeps 10 | $36,543 | $406 | 25% | 3.9★ (13) | 0.6 mi | AirbnbVrboBooking |
5 Mi to Snow Summit: Cabin w/ Deck & Fireplace Cabin | 4 bd · 3 ba · sleeps 9 | $12,662 | $394 | 9% | 4.5★ (23) | 0.7 mi | AirbnbVrboBooking |
Luxurious Hyes in the Woods Cabin | 4 bd · 3 ba · sleeps 9 | $17,161 | $505 | 9% | 5★ (17) | 0.7 mi | AirbnbVrboBooking |
Fun-Filled Big Bear Retreat for Families & Friends House | 4 bd · 2 ba · sleeps 10 | $23,136 | $306 | 21% | 4.2★ (4) | 0.7 mi | AirbnbVrboBooking |
"Cabana Del Oso" New Villa, AC, pool tbl. Villa | 4 bd · 3 ba · sleeps 10 | $1,942 | $647 | 1% | — | 0.7 mi | AirbnbVrbo |
Beautiful 4 bd cabin, Hot Tub,Deck, &parking for 4 Cabin | 4 bd · 2 ba · sleeps 10 | $22,876 | $293 | 21% | 4.7★ (69) | 0.7 mi | Airbnb |
Charming 4BR Retreat in Sugarloaf, CA House | 4 bd · 3 ba · sleeps 10 | $6,504 | $865 | 2% | — | 0.7 mi | AirbnbVrboBooking |
Cozy Family Cabin Cabin | 5 bd · 2 ba · sleeps 8 | $30,952 | $508 | 17% | 4.9★ (39) | 0.7 mi | Airbnb |
The Upper Branch: Jacuzzi, fire pit, and Bar! Cabin | 4 bd · 2 ba · sleeps 10 | $16,182 | $683 | 6% | 5★ (23) | 0.7 mi | AirbnbVrbo |
Cozy Bear Lodge- Modern, Clean Cabin w Private spa House | 4 bd · 2 ba · sleeps 12 | $3,002 | $264 | 3% | 5★ (2) | 0.8 mi | AirbnbBooking |
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 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$30,380
NOI
$11,314
Cash flow /mo
-$1,186
Cash needed
$141,050
Cash-on-cash
-10.1%
ROE (yr 1)
0.1%
Cap rate
2.9%
DSCR
0.44
Year-1 write-off
$61,239
Year-1 tax shield @ 32%
$19,596
Year-1 return on equity
- Cash flow (annual)-$14,228
- Principal paydown$2,585
- Appreciation at%$11,850
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$6,076
- Platform fees (3% of revenue)$911
- Maintenance / capex (5% of revenue)$1,519
- Utilities & supplies$4,200
- HOA$0
- Property tax$4,938
- Insurance (STR-rated)$2,015
Cash needed to close
- Down payment (25%)$98,750
- Closing costs (4.0%)$15,800
- Furnishing (bought new)$26,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$19,596
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
$117,000
Short-life (5/15-yr)
$34,000 · 29%
Year-1 deduction
$61,000
Year-1 tax shield @ 32%
$20,000
Land 70% (county tax record, assessed value split) · building $83,000 over 39 years · new furniture $27,000
Based on: 1,545 sq ft, built 1968, 5 bd / 2 ba, unfurnished, listing features (deck, fence, flooring types, appliance list).
IRS-guide safe-harbor floor: $45,000 in year 1 (16% short-life, $14,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $3,400
Kitchen cabinetsdefault
$9,200 new × 40% good × 0.93 allocation
- $2,800
Kitchen countertopsdefault
$7,500 new × 40% good × 0.93 allocation
- $1,000
Decorative trimdefault
$2,700 new × 40% good × 0.93 allocation
- $100
Mirrorsdefault
$300 new × 40% good × 0.93 allocation
- $700
Shelvingdefault
$1,800 new × 40% good × 0.93 allocation
- $1,400
Window coverings (15)default
$3,800 new × 40% good × 0.93 allocation
- $1,800
Carpet, vinyl & laminate (50% of floors)listing
$5,000 new × 40% good × 0.93 allocation
- $2,700
Kitchen & laundry equipment plumbingdefault
$7,100 new × 40% good × 0.93 allocation
- $1,600
Kitchen, laundry & data equipment electricaldefault
$4,300 new × 40% good × 0.93 allocation
- $26,500
Furniture bought newlisting
$26,500 new × 100% good · bought separately
- $3,800
Paving: driveway & walks (paved)listing
$8,100 new × 50% good × 0.93 allocation
- $3,600
Landscaping (typical)default
$7,800 new × 50% good × 0.93 allocation
- $700
Patiosdefault
$1,500 new × 50% good × 0.93 allocation
- $8,100
Decks & porches (attached)listing
$17,400 new × 50% good × 0.93 allocation
- $2,800
Fencinglisting
$6,000 new × 50% good × 0.93 allocation
- $61,900
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$166,700 new × 40% good × 0.93 allocation
- $6,400
Building plumbing & fixturesdefault
$17,400 new × 40% good × 0.93 allocation
- $6,300
Building electrical & lightingdefault
$16,900 new × 40% good × 0.93 allocation
- $6,500
HVACdefault
$17,400 new × 40% good × 0.93 allocation
- $1,800
Hardwood & tile floorsdefault
$5,000 new × 40% good × 0.93 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $42,000 | $19,000 | $300 | $61,200 |
| 2 | $0 | $0 | $2,100 | $2,100 |
| 3 | $0 | $0 | $2,100 | $2,100 |
| 4 | $0 | $0 | $2,100 | $2,100 |
| 5 | $0 | $0 | $2,100 | $2,100 |
| 6+ | $0 | $0 | $74,200 | $74,200 |
| Total | $42,000 | $19,000 | $82,900 | $143,900 |
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 and Georgia 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.