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

1210 Jaxon Way

1210 Jaxon Way

Redding, CA 96003

$335,000

3 bd · 2 ba · 1,200 sqft · Listed 1d ago

View on Realtor.com →
Low confidence

Year built

1984

Sqft

1,200

Lot sqft

10,890

HOA / mo

$0

Furnished

No

List date

2026-09-28T19:53:54.000000Z

Revenue

Annual revenue

$44,490

ADR

$176

Occupancy

69%

Cleaning fees (12 mo)

$6,282

Confidence

Low (30.59), 31 comps

Comp revenue range (p25 / median / p75)

$16,876$38,314$50,120
  • The Cottage w/ a garden view

    House · 3 bd · 2 ba · sleeps 6 · 0.9 mi

    Revenue $57,784ADR $192Occ ≈ 82%5★ (1060)

    Airbnb

  • | Mountain Trio | !VIEWS! Heated Pool & Spacious!

    House · 3 bd · 2.5 ba · sleeps 8 · 1.1 mi

    Revenue $80,444ADR $381Occ ≈ 58%5★ (190)

    AirbnbVrbo

  • Chic Modern GEM - Spacious & Bright, Walk 2 Bethel

    House · 3 bd · 2 ba · sleeps 7 · 1.2 mi

    Revenue $41,269ADR $205Occ ≈ 55%4.9★ (294)

    AirbnbVrbo

  • Modern - Meets Magnolia Farmhouse | Walk to Bethel

    House · 3 bd · 2 ba · sleeps 6 · 1.2 mi

    Revenue $38,314ADR $198Occ ≈ 53%4.8★ (228)

    AirbnbVrbo

  • {Casi⚜️Cielo} Tranquil getaway near Bethel & Shasta

    House · 3 bd · 2 ba · sleeps 7 · 1.2 mi

    Revenue $10,774ADR $114Occ ≈ 26%4.7★ (55)

    AirbnbVrbo

  • Country Oak OASIS With Pool

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

    Revenue $24,577ADR $136Occ ≈ 50%—

    Airbnb

  • Beautiful Home w/ Hot Tub & Pool

    House · 3 bd · 3 ba · sleeps 8 · 1.3 mi

    Revenue $82,489ADR $390Occ ≈ 58%4.8★ (133)

    AirbnbVrbo

  • Lakes and Bethel close by 30 days

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

    Revenue $24,474ADR $147Occ ≈ 46%4.8★ (28)

    AirbnbVrbo

  • Panorama green belt view with hot tub & fireplace

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

    Revenue $50,944ADR $227Occ ≈ 61%5★ (50)

    AirbnbVrbo

  • Woodhill Estate*Walk by the River, Big yard!

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

    Revenue $44,667ADR $152Occ ≈ 81%4.8★ (195)

    Airbnb

Show all 31 comps
  • Perfect Redding Retreat w/Hot tub, Pool & King bed

    House · 3 bd · 3 ba · sleeps 8 · 1.4 mi

    Revenue $74,065ADR $348Occ ≈ 58%4.9★ (120)

    AirbnbVrbo

  • Peaceful Family Hideaway, Private Fenced Yard

    House · 3 bd · 2.5 ba · sleeps 6 · 1.6 mi

    Revenue $81,745ADR $258Occ ≈ 87%5★ (124)

    AirbnbVrbo

  • Cozy & Comfortable Furnished 3BR Home - 30+ Day

    House · 3 bd · 2 ba · sleeps 4 · 1.7 mi

    Revenue $9,479ADR $85Occ ≈ 31%5★ (1)

    Airbnb

  • Emerald House. Designer remodel. King bed. Central

    House · 3 bd · 2 ba · sleeps 6 · 1.7 mi

    Revenue $48,045ADR $221Occ ≈ 60%4.8★ (394)

    AirbnbVrbo

  • Convenient 3-Bdrm Townhome 30Day

    Apartment · 3 bd · 2.5 ba · sleeps 4 · 1.8 mi

    Revenue $15,592ADR $63Occ ≈ 68%—

    Airbnb

  • Charming Escape at Park Place - Cozy & Central

    House · 3 bd · 2 ba · sleeps 8 · 1.8 mi

    Revenue $49,296ADR $221Occ ≈ 61%4.8★ (38)

    Airbnb

  • Cozy 3-Bedroom Townhome - 30 Day

    Apartment · 3 bd · 2.5 ba · sleeps 4 · 1.8 mi

    Revenue $28,150ADR $94Occ ≈ 82%—

    Airbnb

  • House of Favor, King Bed + 4Twins,Close to Bethel

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

    Revenue $10,693ADR $183Occ ≈ 16%4.7★ (376)

    AirbnbVrboBooking

  • |The Ritz 66| Posh + Pool + Views!

    House · 3 bd · 2.5 ba · sleeps 12 · 1.8 mi

    Revenue $769ADR $384Occ ≈ 1%—

    Airbnb

  • Kingsview Luxury above the city 1 King 2 Queens

    House · 3 bd · 2 ba · sleeps 6 · 1.9 mi

    Revenue $105,338ADR $417Occ ≈ 69%4.9★ (81)

    AirbnbVrbo

  • Peaceful Home on a Hill with Porch View

    House · 3 bd · 2 ba · sleeps 7 · 1.9 mi

    Revenue $17,461ADR $142Occ ≈ 34%4.8★ (11)

    AirbnbVrbo

  • Delightful Modern Home, Fireplace, Designers Touch

    House · 3 bd · 2 ba · sleeps 6 · 1.9 mi

    Revenue $39,606ADR $206Occ ≈ 53%4.9★ (94)

    Airbnb

  • Family Home | Fire Pit + Outdoor TV | Near Bethel

    House · 3 bd · 2 ba · sleeps 6 · 1.9 mi

    Revenue $19,023ADR $245Occ ≈ 21%5★ (12)

    AirbnbVrbo

  • *New* Overflow 96 | Pool - Hot tub - Central!

    House · 3 bd · 2 ba · sleeps 10 · 2.0 mi

    Revenue $64,600ADR $299Occ ≈ 59%5★ (39)

    AirbnbVrbo

  • Modern Woods Retreat

    House · 3 bd · 2 ba · sleeps 6 · 2.0 mi

    Revenue $43,933ADR $249Occ ≈ 48%5★ (18)

    Airbnb

  • The Hope House

    House · 3 bd · 1 ba · sleeps 2 · 2.0 mi

    Revenue $4,983ADR $56Occ ≈ 24%—

    Airbnb

  • Modern Woods Retreat | Treehouse, 10 min to Bethel

    House · 3 bd · 2 ba · sleeps 6 · 2.0 mi

    Revenue $16,290ADR $256Occ ≈ 17%5★ (11)

    AirbnbVrboBooking

  • The Watercress*walk by the river play in the park!

    House · 3 bd · 2 ba · sleeps 6 · 2.0 mi

    Revenue $45,772ADR $164Occ ≈ 76%4.8★ (217)

    Airbnb

  • Parkside 3BR Retreat • 2 Kings Beds • Near Bethel

    House · 3 bd · 2 ba · sleeps 6 · 2.0 mi

    Revenue $28,338ADR $194Occ ≈ 40%4.8★ (6)

    Airbnb

  • Cozy Modern Home with Views | Quiet & Central

    House · 3 bd · 2 ba · sleeps 5 · 2.1 mi

    Revenue $11,945ADR $206Occ ≈ 16%5★ (1)

    Airbnb

  • Charming Rustic home on 3 acres

    House · 3 bd · 2 ba · sleeps 8 · 2.1 mi

    Revenue $19,120ADR $0Occ ≈ —4.8★ (240)

    AirbnbVrbo

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

$44,490

NOI

$22,188

Cash flow /mo

$44

Cash needed

$116,650

Cash-on-cash

0.5%

ROE (yr 1)

10.9%

Cap rate

6.6%

DSCR

1.02

Year-1 write-off

$90,705

Year-1 tax shield @ 32%

$29,026

Year-1 return on equity

  • Cash flow (annual)$526
  • Principal paydown$2,192
  • Appreciation at%$10,050
ROE10.9%
ROE incl. year-1 tax savings (32% bracket, STR loophole)35.8%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$8,898
  • Platform fees (3% of revenue)$1,335
  • Maintenance / capex (5% of revenue)$2,225
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$4,188
  • Insurance (STR-rated)$1,960

Cash needed to close

  • Down payment (25%)$83,750
  • Closing costs (4.0%)$13,400
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$29,026

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

$232,000

Short-life (5/15-yr)

$71,000 · 30%

Year-1 deduction

$91,000

Year-1 tax shield @ 32%

$29,000

Land 31% (county tax record, assessed value split) · building $161,000 over 39 years · new furniture $20,000

Based on: 1,200 sq ft, built 1984, 3 bd / 2 ba, unfurnished, listing features (patio, flooring types).

IRS-guide safe-harbor floor: $71,000 in year 1 (22% short-life, $23,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$65,500
  • Kitchen cabinetsdefault

    $8,400 new × 40% good × 2.38 allocation

    $8,000
  • Kitchen countertopsdefault

    $6,900 new × 40% good × 2.38 allocation

    $6,600
  • Decorative trimdefault

    $2,100 new × 40% good × 2.38 allocation

    $2,000
  • Mirrorsdefault

    $300 new × 40% good × 2.38 allocation

    $300
  • Shelvingdefault

    $1,200 new × 40% good × 2.38 allocation

    $1,100
  • Window coverings (12)default

    $3,000 new × 40% good × 2.38 allocation

    $2,900
  • Carpet, vinyl & laminate (100% of floors)listing

    $7,700 new × 40% good × 2.38 allocation

    $7,400
  • Kitchen & laundry equipment plumbingdefault

    $6,600 new × 40% good × 2.38 allocation

    $6,300
  • Kitchen, laundry & data equipment electricaldefault

    $4,000 new × 40% good × 2.38 allocation

    $3,800
  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default

    $8,100 new × 40% good × 2.38 allocation

    $7,700
  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
15-year land improvements$24,600
  • Paving: driveway & walks (paved)default

    $7,200 new × 50% good × 2.38 allocation

    $8,600
  • Landscaping (typical)default

    $6,900 new × 50% good × 2.38 allocation

    $8,200
  • Patioslisting

    $5,400 new × 50% good × 2.38 allocation

    $6,400
  • Decks & porches (attached)default

    $1,200 new × 50% good × 2.38 allocation

    $1,400
Building, 39-year$161,200
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $129,600 new × 40% good × 2.38 allocation

    $123,600
  • Building plumbing & fixturesdefault

    $13,500 new × 40% good × 2.38 allocation

    $12,800
  • Building electrical & lightingdefault

    $12,500 new × 40% good × 2.38 allocation

    $11,900
  • HVACdefault

    $13,500 new × 40% good × 2.38 allocation

    $12,900

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$65,500$24,600$500$90,700
2$0$0$4,100$4,100
3$0$0$4,100$4,100
4$0$0$4,100$4,100
5$0$0$4,100$4,100
6+$0$0$144,200$144,200
Total$65,500$24,600$161,200$251,400

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.