3720 Sunflower Dr
Redding, CA 96001
$849,900
4 bd · 3 ba · 3,046 sqft · Listed 25d ago
View on Realtor.com →Year built
2020
Sqft
3,046
Lot sqft
14,810
HOA / mo
$0
Furnished
No
List date
2026-09-04T18:04:36.000000Z
Revenue
Annual revenue
$76,599
ADR
$358
Occupancy
59%
Cleaning fees (12 mo)
$9,809
Confidence
Med (54.19), 5 comps
Comp revenue range (p25 / median / p75)
Royal Oaks Cottage w/ direct park access
House · 3 bd · 2 ba · sleeps 7 · 0.3 mi
Revenue $36,398ADR $159Occ ≈ 63%4.9★ (179)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Redding Getaway w/ Hot Tub & Outdoor Kitchen! House | 5 bd · 3 ba · sleeps 10 | $111,817 | $812 | 38% | 4.8★ (35) | 341 ft | AirbnbVrboBooking |
Westside Charmer Near Trails House | 3 bd · 2 ba · sleeps 6 | $43,636 | $253 | 47% | 4.8★ (28) | 0.2 mi | AirbnbVrbo |
Royal Oaks Cottage w/ direct park access House | 3 bd · 2 ba · sleeps 7 | $36,398 | $159 | 63% | 4.9★ (179) | 0.3 mi | Airbnb |
Relaxing Pool | Heated Spa | EV charger House | 3 bd · 2 ba · sleeps 6 | $78,802 | $330 | 65% | 5★ (79) | 0.3 mi | AirbnbVrboBooking |
FAMILY FUN GETAWAY !! 🎱🏓RecRoom⚽️🕹 BBQ♨️FirePit House | 4 bd · 3 ba · sleeps 10 | $60,144 | $341 | 48% | 4.8★ (202) | 0.4 mi | 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
Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$76,599
NOI
$36,630
Cash flow /mo
-$1,527
Cash needed
$269,471
Cash-on-cash
-6.8%
ROE (yr 1)
4.7%
Cap rate
4.3%
DSCR
0.67
Year-1 write-off
$151,444
Year-1 tax shield @ 32%
$48,462
Year-1 return on equity
- Cash flow (annual)-$18,327
- Principal paydown$5,562
- Appreciation at%$25,497
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$15,320
- Platform fees (3% of revenue)$2,298
- Maintenance / capex (5% of revenue)$3,830
- Utilities & supplies$4,200
- HOA$0
- Property tax$10,624
- Insurance (STR-rated)$4,972
Cash needed to close
- Down payment (25%)$212,475
- Closing costs (4.0%)$33,996
- Furnishing (bought new)$23,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$48,462
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
$746,000
Short-life (5/15-yr)
$126,000 · 17%
Year-1 deduction
$151,000
Year-1 tax shield @ 32%
$48,000
Land 12% (county tax record, assessed value split) · building $619,000 over 39 years · new furniture $23,000
Based on: 3,046 sq ft, built 2020, 4 bd / 3 ba, unfurnished, listing features (patio, stone counters, flooring types).
IRS-guide safe-harbor floor: $110,000 in year 1 (11% short-life, $35,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $14,900
Kitchen cabinetsdefault
$12,500 new × 76% good × 1.57 allocation
- $15,300
Kitchen countertops (stone)listing
$12,800 new × 76% good × 1.57 allocation
- $6,400
Decorative trimdefault
$5,300 new × 76% good × 1.57 allocation
- $400
Mirrorsdefault
$500 new × 50% good × 1.57 allocation
- $1,800
Shelvingdefault
$1,500 new × 76% good × 1.57 allocation
- $4,700
Window coverings (30)default
$7,500 new × 40% good × 1.57 allocation
- $5,100
Carpet, vinyl & laminate (33% of floors)listing
$6,500 new × 50% good × 1.57 allocation
- $13,400
Kitchen & laundry equipment plumbingdefault
$9,700 new × 88% good × 1.57 allocation
- $8,100
Kitchen, laundry & data equipment electricaldefault
$5,900 new × 88% good × 1.57 allocation
- $6,400
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 50% good × 1.57 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $17,100
Paving: driveway & walks (paved)default
$14,300 new × 76% good × 1.57 allocation
- $13,200
Landscaping (typical)default
$11,000 new × 76% good × 1.57 allocation
- $16,400
Patioslisting
$13,700 new × 76% good × 1.57 allocation
- $3,300
Decks & porches (attached)default
$3,000 new × 70% good × 1.57 allocation
- $468,500
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$330,900 new × 90% good × 1.57 allocation
- $47,600
Building plumbing & fixturesdefault
$34,300 new × 88% good × 1.57 allocation
- $49,700
Building electrical & lightingdefault
$35,900 new × 88% good × 1.57 allocation
- $37,800
HVACdefault
$34,300 new × 70% good × 1.57 allocation
- $15,600
Hardwood & tile floorsdefault
$13,100 new × 76% good × 1.57 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $99,500 | $50,000 | $2,000 | $151,400 |
| 2 | $0 | $0 | $15,900 | $15,900 |
| 3 | $0 | $0 | $15,900 | $15,900 |
| 4 | $0 | $0 | $15,900 | $15,900 |
| 5 | $0 | $0 | $15,900 | $15,900 |
| 6+ | $0 | $0 | $553,700 | $553,700 |
| Total | $99,500 | $50,000 | $619,200 | $768,600 |
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.