STR Yield
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Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium

327 Wabash Ln

327 Wabash Ln

Sugarloaf, CA 92386

$385,000

2 bd · 1.5 ba · Listed 26d ago

View on Realtor.com →
Negative cash flow

Year built

1957

Sqft

—

Lot sqft

5,000

HOA / mo

None

Furnished

No

List date

2026-09-03T17:41:48.000000Z

Revenue

Annual revenue

$21,651

ADR

$183

Occupancy

32%

Cleaning fees (12 mo)

$4,487

Confidence

Low (44.79), 49 comps

Comp revenue range (p25 / median / p75)

$12,043$20,158$27,568
  • Modern Comfort in the Mountains

    House · 2 bd · 2 ba · sleeps 6 · 138 ft

    Revenue $928ADR $185Occ ≈ 1%—

    Vrbo

  • Chalet Style Cabin, Foosball, Smart TV, BBQ, Deck

    House · 2 bd · 1.5 ba · sleeps 4 · 141 ft

    Revenue $8,816ADR $246Occ ≈ 10%4.5★ (14)

    AirbnbVrboBooking

  • Wonderful Wabash

    House · 2 bd · 2 ba · sleeps 6 · 144 ft

    Revenue $21,242ADR $224Occ ≈ 26%4.9★ (38)

    AirbnbBooking

  • The Sugar Nugget Chalet

    Chalet · 2 bd · 1.5 ba · sleeps 5 · 180 ft

    Revenue $1,702ADR $262Occ ≈ 2%5★ (4)

    Airbnb

  • ★Mountain Getaway★New Hot Tub ★ Fenced Backyard ★

    House · 2 bd · 2 ba · sleeps 7 · 243 ft

    Revenue $51,239ADR $212Occ ≈ 66%4.9★ (416)

    Airbnb

  • NEW Cozy Pines Cottage and Fire pit

    Vacation home · 2 bd · 1 ba · sleeps 6 · 266 ft

    Revenue $26,402ADR $230Occ ≈ 31%—

    Booking

  • NEW Cozy Pines Cottage W Hot Tub & Fire pit!

    House · 2 bd · 1 ba · sleeps 6 · 279 ft

    Revenue $27,874ADR $260Occ ≈ 29%4.8★ (81)

    AirbnbVrboBooking

  • Our Nest with GameRoom, BBQ & EV Charger!

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 285 ft

    Revenue $13,987ADR $252Occ ≈ 15%4.8★ (37)

    AirbnbVrbo

  • Pet-friendly Woodland Escape - Sugar Pine Hollow

    House · 2 bd · 1 ba · sleeps 4 · 302 ft

    Revenue $32,989ADR $131Occ ≈ 69%4.8★ (231)

    AirbnbVrbo

  • Luna Haven-Peaceful 2BR 2BA

    House · 2 bd · 2 ba · sleeps 6 · 308 ft

    Revenue $17,551ADR $251Occ ≈ 19%4.9★ (23)

    Airbnb

Show all 50 comps
  • Starry Pines Cabin- Deck, Firepit, & Wildlife

    Cabin · 2 bd · 1 ba · sleeps 4 · 322 ft

    Revenue $25,742ADR $0Occ ≈ —5★ (14)

    AirbnbVrbo

  • Starry Pines Cabin - Deck, Firepit & Jacuzzi

    House · 2 bd · 1 ba · sleeps 4 · 328 ft

    Revenue $46,126ADR $201Occ ≈ 63%5★ (69)

    Airbnb

  • Cabin in Sugarloaf, Smart TV, Deck, Fenced Yard, B

    Cabin · 2 bd · 1 ba · sleeps 5 · 351 ft

    Revenue $22,513ADR $135Occ ≈ 46%4.8★ (5)

    AirbnbVrboBooking

  • Sunrise on Sunset

    House · 2 bd · 1 ba · sleeps 5 · 351 ft

    Revenue $10,519ADR $204Occ ≈ 14%5★ (2)

    AirbnbVrbo

  • Cute & Cozy Cabin w/ Large Deck & Front Yard

    Cabin · 2 bd · 1 ba · sleeps 5 · 390 ft

    Revenue $21,467ADR $136Occ ≈ 43%5★ (277)

    Airbnb

  • Big Bear Cozy Cabin*AC*Deck*Firepit*BBQ*Fireplace

    Cabin · 2 bd · 1 ba · sleeps 6 · 479 ft

    Revenue $19,859ADR $177Occ ≈ 31%4.9★ (41)

    AirbnbVrbo

  • Big Sugar Bear - New Charming 2 bedroom House in Big Bear with AC Deck BBQ Firepit Fireplace Private

    Vacation home · 2 bd · 1 ba · sleeps 4 · 486 ft

    Revenue $23,956ADR $225Occ ≈ 29%—

    Booking

  • Designer Cottage near Village, Snow Tubing, Skiing

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.1 mi

    Revenue $26,648ADR $243Occ ≈ 30%5★ (56)

    AirbnbVrbo

  • Cozy Big Bear Cabin · Hot Tub · Quiet Pines Escape

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.1 mi

    Revenue $22,273ADR $191Occ ≈ 32%4.9★ (58)

    AirbnbVrbo

  • The Moreno Hideaway- Indulge in a Winter Escape

    House · 2 bd · 1 ba · sleeps 6 · 0.1 mi

    Revenue $7,181ADR $298Occ ≈ 7%4.8★ (16)

    AirbnbVrbo

  • Cozy Mountain Cabin | skiing + hiking + tubing

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.1 mi

    Revenue $37,563ADR $202Occ ≈ 51%4.8★ (107)

    AirbnbVrbo

  • Our Hideaway is your hideaway

    House · 2 bd · 1 ba · sleeps 5 · 0.1 mi

    Revenue $14,592ADR $145Occ ≈ 28%4.8★ (33)

    Airbnb

  • Mountain Getaway#2183

    Vacation home · 2 bd · 1 ba · sleeps 4 · 0.1 mi

    Revenue $22,754ADR $948Occ ≈ 7%—

    Booking

  • Rustic Big Bear Cabin • A/C • Pet Friendly

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

    Revenue $14,870ADR $154Occ ≈ 26%5★ (14)

    AirbnbVrbo

  • The Honey Nest

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

    Revenue $11,381ADR $243Occ ≈ 13%4.9★ (20)

    Airbnb

  • Adorable Sugarloaf Mountain Getaway in Big Bear

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

    Revenue $6,493ADR $261Occ ≈ 7%4★ (6)

    AirbnbVrboBooking

  • Hello Love Chalet Mountain~Getaway

    House · 2 bd · 1 ba · sleeps 2 · 0.1 mi

    Revenue $20,457ADR $60Occ ≈ 93%4.8★ (30)

    Airbnb

  • ⭐️Lofted Retreat⭐️ HBO, Boardgames, Nintendo & More!

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

    Revenue $22,730ADR $132Occ ≈ 47%5★ (270)

    Airbnb

  • Cozy Cabin Retreat

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.1 mi

    Revenue $15,999ADR $209Occ ≈ 21%4.5★ (741)

    Airbnb

  • Cozy, Romantic Mountain Cabin surrounded by trees.

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.1 mi

    Revenue $5,401ADR $202Occ ≈ 7%5★ (29)

    Airbnb

  • Moreno pines cottage #2468

    Vacation home · 2 bd · 1 ba · sleeps 4 · 0.1 mi

    Revenue $34,096ADR $435Occ ≈ 21%—

    Booking

  • Cozy Bear Cabin, 15% off 7days or more

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.1 mi

    Revenue $29,512ADR $170Occ ≈ 48%5★ (217)

    Airbnb

  • Imperial Alpine Cabin | Forest Snow Escape

    House · 2 bd · 1 ba · sleeps 5 · 0.2 mi

    Revenue $43,024ADR $283Occ ≈ 42%5★ (10)

    AirbnbVrbo

  • Mountain Tree House *W/Fireplace, BBQ, Fire-pit*

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $18,717ADR $224Occ ≈ 23%4.8★ (99)

    AirbnbVrbo

  • Sunset Chalet

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $11,934ADR $150Occ ≈ 22%5★ (49)

    Airbnb

  • Cozy Cabin in Big Bear, CA.

    House · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $28,132ADR $139Occ ≈ 55%4.8★ (50)

    AirbnbVrbo

  • Gambrel Cabin | Hot Tub & Fireplace

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.2 mi

    Revenue $28,485ADR $267Occ ≈ 29%4.2★ (6)

    AirbnbVrboBooking

  • Pet-friendly, cozy cabin with Hot Tub & Fire Pit

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.2 mi

    Revenue $17,026ADR $362Occ ≈ 13%4.8★ (23)

    Airbnb

  • Serene Mountain Cottage

    Cottage · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $22,349ADR $156Occ ≈ 39%5★ (60)

    AirbnbVrboBooking

  • The Library Lodge | Fenced Yard | Hot Tub | Cabin

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $28,631ADR $132Occ ≈ 59%4.9★ (162)

    AirbnbVrbo

  • Hot tub,EV,Ebikes,SUP boards,Kayaks,

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.2 mi

    Revenue $32,648ADR $276Occ ≈ 32%5★ (247)

    AirbnbVrbo

  • Cozy Cabin-EV Charging, Hot Tub & Fireplace

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $18,716ADR $213Occ ≈ 24%4.8★ (85)

    AirbnbVrbo

  • Big Bear/Sugarloaf 2br 1ba house fenced backyard

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $12,371ADR $115Occ ≈ 29%4.8★ (77)

    Airbnb

  • Mountain Getaway by Big Bear Vacations Adorable Sugarloaf Retreat

    Vacation home · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $28,238ADR $956Occ ≈ 8%—

    Booking

  • Pet Friendly cabin big fenced yard EV Charger!

    Cabin · 2 bd · 1 ba · sleeps 7 · 0.2 mi

    Revenue $15,191ADR $264Occ ≈ 16%4.5★ (8)

    Airbnb

  • Forest Cabin Retreat in Sugarloaf

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $8,507ADR $225Occ ≈ 10%4.2★ (22)

    AirbnbVrboBooking

  • Cozy Family-Friendly Cabin | Skiing, Hiking, Hygge

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

    Revenue $9,317ADR $217Occ ≈ 12%4.7★ (47)

    AirbnbVrbo

  • Walk to Park, Fireplace, Deck, BBQ

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $9,530ADR $233Occ ≈ 11%—

    AirbnbVrbo

  • Grinning Bear Cabin w/ EV charger & Kids Play Loft

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

    Revenue $14,990ADR $530Occ ≈ 8%4.8★ (8)

    AirbnbVrboBooking

  • 5 Mi to Lake & Skiing! All-Season Big Bear Base

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

    Revenue $1,956ADR $146Occ ≈ 4%—

    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

Financing
Term

Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium

Est. revenue

$21,651

NOI

$5,190

Cash flow /mo

-$1,642

Cash needed

$127,650

Cash-on-cash

-15.4%

ROE (yr 1)

-4.4%

Cap rate

1.3%

DSCR

0.21

Year-1 write-off

$112,129

Year-1 tax shield @ 32%

$35,881

Year-1 return on equity

  • Cash flow (annual)-$19,705
  • Principal paydown$2,519
  • Appreciation at%$11,550
ROE-4.4%
ROE incl. year-1 tax savings (32% bracket, STR loophole)23.7%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$4,330
  • Platform fees (3% of revenue)$650
  • Maintenance / capex (5% of revenue)$1,083
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$4,813
  • Insurance (STR-rated)$1,964

Cash needed to close

  • Down payment (25%)$96,250
  • Closing costs (4.0%)$15,400
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$35,881

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)

$95,000 · 31%

Year-1 deduction

$112,000

Year-1 tax shield @ 32%

$36,000

Land 20% (county tax record, assessed value split) · building $213,000 over 39 years · new furniture $16,000

Based on: ~1,400 sq ft (from beds), built 1957, 2 bd / 1.5 ba, unfurnished, listing features (hot tub, fence, fireplace, flooring types, appliance list).

IRS-guide safe-harbor floor: $90,000 in year 1 (24% short-life, $29,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$79,800
  • Kitchen cabinetsdefault

    $8,900 new × 40% good × 2.64 allocation

    $9,400
  • Kitchen countertopsdefault

    $7,300 new × 40% good × 2.64 allocation

    $7,700
  • Decorative trimdefault

    $2,500 new × 40% good × 2.64 allocation

    $2,600
  • Mirrorsdefault

    $200 new × 40% good × 2.64 allocation

    $200
  • Shelvingdefault

    $900 new × 40% good × 2.64 allocation

    $1,000
  • Window coverings (14)default

    $3,500 new × 40% good × 2.64 allocation

    $3,700
  • Carpet, vinyl & laminate (100% of floors)listing

    $9,000 new × 40% good × 2.64 allocation

    $9,500
  • Kitchen & laundry equipment plumbingdefault

    $6,900 new × 40% good × 2.64 allocation

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

    $4,200 new × 40% good × 2.64 allocation

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

    $8,100 new × 40% good × 2.64 allocation

    $8,600
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.64 allocation

    $9,500
  • Furniture bought newlisting

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

    $16,000
15-year land improvements$31,700
  • Paving: driveway & walks (paved)default

    $7,800 new × 50% good × 2.64 allocation

    $10,300
  • Landscaping (typical)default

    $7,500 new × 50% good × 2.64 allocation

    $9,900
  • Patiosdefault

    $1,400 new × 50% good × 2.64 allocation

    $1,800
  • Decks & porches (attached)default

    $1,400 new × 50% good × 2.64 allocation

    $1,800
  • Fencinglisting

    $6,000 new × 50% good × 2.64 allocation

    $7,900
Building, 39-year$212,600
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $151,900 new × 40% good × 2.64 allocation

    $160,600
  • Building plumbing & fixturesdefault

    $15,700 new × 40% good × 2.64 allocation

    $16,600
  • Building electrical & lightingdefault

    $15,000 new × 40% good × 2.64 allocation

    $15,900
  • HVACdefault

    $15,800 new × 40% good × 2.64 allocation

    $16,700
  • Fireplacelisting

    $2,600 new × 40% good × 2.64 allocation

    $2,800

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$79,800$31,700$700$112,100
2$0$0$5,400$5,400
3$0$0$5,400$5,400
4$0$0$5,400$5,400
5$0$0$5,400$5,400
6+$0$0$190,100$190,100
Total$79,800$31,700$212,600$324,000

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 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.