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9047 Chaparral Dr

9047 Chaparral Dr

Redding, CA 96001

$425,000

2 bd · 2.5 ba · 1,144 sqft · Listed 22d ago

View on Realtor.com →
Low confidence

Year built

1982

Sqft

1,144

Lot sqft

55,321

HOA / mo

$0

Furnished

No

List date

2026-09-07T19:38:00.000000Z

Revenue

Annual revenue

$48,395

ADR

$181

Occupancy

73%

Cleaning fees (12 mo)

$6,299

Confidence

Low (35.28), 14 comps

Comp revenue range (p25 / median / p75)

$21,775$34,299$48,402
  • Country Oasis 2.0

    House · 2 bd · 2 ba · sleeps 4 · 1.2 mi

    Revenue $31,416ADR $193Occ ≈ 45%4.8★ (82)

    Airbnb

  • Hillside home with large deck in a woodsy area. Sleeps 8

    House · 3 bd · 2 ba · sleeps 8 · 1.2 mi

    Revenue $14,234ADR $229Occ ≈ 17%—

    Vrbo

  • Westside 3 bed + office/ 3 king beds/ trails!

    House · 3 bd · 3 ba · sleeps 9 · 1.3 mi

    Revenue $40,556ADR $237Occ ≈ 47%5★ (14)

    AirbnbVrbo

  • The Trailhouse • Covered Deck🏖Views🌄 Foosball⚽️

    House · 3 bd · 2 ba · sleeps 6 · 1.3 mi

    Revenue $45,992ADR $190Occ ≈ 66%4.9★ (130)

    AirbnbVrbo

  • Redding Hillside Oasis with Pool!

    House · 3 bd · 2 ba · sleeps 6 · 1.5 mi

    Revenue $49,205ADR $203Occ ≈ 66%5★ (86)

    Airbnb

  • Bright Redding Getaway

    House · 3 bd · 2 ba · sleeps 6 · 1.5 mi

    Revenue $37,182ADR $201Occ ≈ 51%5★ (25)

    AirbnbVrbo

  • At Home in the Forest- Huge Deck-Sleeps 8

    House · 3 bd · 2 ba · sleeps 8 · 1.5 mi

    Revenue $12,013ADR $175Occ ≈ 19%4.8★ (11)

    Airbnb

  • Harmony Haven

    House · 3 bd · 2 ba · sleeps 6 · 1.6 mi

    Revenue $31,144ADR $172Occ ≈ 50%4.7★ (141)

    AirbnbBooking

  • 5 Mi to Sundial Bridge & River! Pet-Friendly Haven

    House · 3 bd · 2 ba · sleeps 8 · 1.6 mi

    Revenue $19,051ADR $453Occ ≈ 12%4.5★ (2)

    AirbnbVrboBooking

  • Andes Restful Retreat

    House · 3 bd · 2.5 ba · sleeps 7 · 1.6 mi

    Revenue $64,989ADR $294Occ ≈ 61%4.8★ (75)

    AirbnbVrbo

Show all 14 comps
  • Summer Retreat | Best Pool by Mary Lake +EV Charge

    House · 3 bd · 2 ba · sleeps 8 · 1.7 mi

    Revenue $89,470ADR $299Occ ≈ 82%5★ (111)

    AirbnbVrboBooking

  • Dragonfly Retreat

    House · 3 bd · 2 ba · sleeps 6 · 1.8 mi

    Revenue $3,047ADR $258Occ ≈ 3%4.5★ (2)

    Airbnb

  • Hilltop Estate | Pool Table, Gym, Mountain Views

    House · 3 bd · 3 ba · sleeps 8 · 2.0 mi

    Revenue $29,948ADR $346Occ ≈ 24%4.8★ (13)

    AirbnbVrbo

  • Relaxing Hilltop Haven w/ Entertain & Recreation

    House · 3 bd · 3 ba · sleeps 8 · 2.0 mi

    Revenue $81,065ADR $413Occ ≈ 54%5★ (40)

    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

Est. revenue

$48,395

NOI

$23,483

Cash flow /mo

$1,957

Cash needed

$458,000

Cash-on-cash (all cash)

5.1%

ROE (yr 1)

7.9%

Cap rate

5.5%

DSCR

—

Year-1 write-off

$118,483

Year-1 tax shield @ 32%

$37,915

Year-1 return on equity

  • Cash flow (annual)$23,483
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$12,750
ROE7.9%
ROE incl. year-1 tax savings (32% bracket, STR loophole)16.2%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$9,679
  • Platform fees (3% of revenue)$1,452
  • Maintenance / capex (5% of revenue)$2,420
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$5,313
  • Insurance (STR-rated)$2,486

Cash needed to close

  • Purchase price (all cash)$425,000
  • Closing costs (4.0%)$17,000
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$37,915

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

$308,000

Short-life (5/15-yr)

$102,000 · 33%

Year-1 deduction

$118,000

Year-1 tax shield @ 32%

$38,000

Land 28% (county tax record, assessed value split) · building $206,000 over 39 years · new furniture $16,000

Based on: 1,144 sq ft, built 1982, 2 bd / 2.5 ba, unfurnished, listing features (hot tub, deck, fence, flooring types, septic).

IRS-guide safe-harbor floor: $80,000 in year 1 (21% short-life, $26,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$70,500
  • Kitchen cabinetsdefault

    $8,300 new × 40% good × 2.81 allocation

    $9,300
  • Kitchen countertopsdefault

    $6,800 new × 40% good × 2.81 allocation

    $7,600
  • Decorative trimdefault

    $2,000 new × 40% good × 2.81 allocation

    $2,200
  • Mirrorsdefault

    $300 new × 40% good × 2.81 allocation

    $300
  • Shelvingdefault

    $900 new × 40% good × 2.81 allocation

    $1,000
  • Window coverings (11)default

    $2,800 new × 40% good × 2.81 allocation

    $3,100
  • Kitchen & laundry equipment plumbingdefault

    $6,500 new × 40% good × 2.81 allocation

    $7,300
  • Kitchen, laundry & data equipment electricaldefault

    $3,900 new × 40% good × 2.81 allocation

    $4,400
  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default

    $8,100 new × 40% good × 2.81 allocation

    $9,100
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.81 allocation

    $10,100
  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000
15-year land improvements$47,400
  • Paving: driveway & walks (paved)default

    $7,000 new × 50% good × 2.81 allocation

    $9,800
  • Landscaping (typical)default

    $6,700 new × 50% good × 2.81 allocation

    $9,500
  • Patiosdefault

    $1,100 new × 50% good × 2.81 allocation

    $1,600
  • Decks & porches (attached)listing

    $12,900 new × 50% good × 2.81 allocation

    $18,100
  • Fencinglisting

    $6,000 new × 50% good × 2.81 allocation

    $8,400
Building, 39-year$206,100
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $123,800 new × 40% good × 2.81 allocation

    $138,900
  • Building plumbing & fixturesdefault

    $12,800 new × 40% good × 2.81 allocation

    $14,400
  • Building electrical & lightingdefault

    $11,800 new × 40% good × 2.81 allocation

    $13,200
  • HVACdefault

    $12,900 new × 40% good × 2.81 allocation

    $14,500
  • Hardwood & tile floorsdefault

    $7,400 new × 40% good × 2.81 allocation

    $8,300
  • Septic systemlisting

    $12,000 new × 50% good × 2.81 allocation

    $16,800

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$70,500$47,400$700$118,500
2$0$0$5,300$5,300
3$0$0$5,300$5,300
4$0$0$5,300$5,300
5$0$0$5,300$5,300
6+$0$0$184,300$184,300
Total$70,500$47,400$206,100$323,900

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

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.