3140 Copper Creek Dr
Redding, CA 96002
$579,900
3 bd · 2 ba · 1,826 sqft · Listed 29d ago
View on Realtor.com →Year built
2002
Sqft
1,826
Lot sqft
10,019
HOA / mo
$0
Furnished
No
List date
2026-08-31T23:42:00.000000Z
Revenue
Annual revenue
$40,984
ADR
$165
Occupancy
68%
Cleaning fees (12 mo)
$5,466
Confidence
Med (60.98), 10 comps
Comp revenue range (p25 / median / p75)
GHouse@ Lilac | Redding (Airport) Her.Hauspitality
House · 3 bd · 2 ba · sleeps 6 · 0.4 mi
Revenue $17,439ADR $140Occ ≈ 34%5★ (2)
LUXE Modern getaway retreat
House · 3 bd · 1.5 ba · sleeps 6 · 1.2 mi
Revenue $13,556ADR $154Occ ≈ 24%4.8★ (7)
Renovated Home - 3Bd/2Ba, Washer & Dryer
House · 3 bd · 2 ba · sleeps 6 · 1.2 mi
Revenue $51,907ADR $196Occ ≈ 73%5★ (178)
Sweet Escape. Cozy, central, fireplace & Netflix.
House · 3 bd · 2 ba · sleeps 8 · 1.4 mi
Revenue $46,864ADR $162Occ ≈ 79%4.8★ (394)
Calm, Cozy & Clean (5 beds + pooltable & foosball)
House · 3 bd · 1.5 ba · sleeps 7 · 1.5 mi
Revenue $36,486ADR $198Occ ≈ 50%5★ (199)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
GHouse@ Lilac | Redding (Airport) Her.Hauspitality House | 3 bd · 2 ba · sleeps 6 | $17,439 | $140 | 34% | 5★ (2) | 0.4 mi | Airbnb |
LUXE Modern getaway retreat House | 3 bd · 1.5 ba · sleeps 6 | $13,556 | $154 | 24% | 4.8★ (7) | 1.2 mi | Airbnb |
Renovated Home - 3Bd/2Ba, Washer & Dryer House | 3 bd · 2 ba · sleeps 6 | $51,907 | $196 | 73% | 5★ (178) | 1.2 mi | Airbnb |
Sweet Escape. Cozy, central, fireplace & Netflix. House | 3 bd · 2 ba · sleeps 8 | $46,864 | $162 | 79% | 4.8★ (394) | 1.4 mi | Airbnb |
Calm, Cozy & Clean (5 beds + pooltable & foosball) House | 3 bd · 1.5 ba · sleeps 7 | $36,486 | $198 | 50% | 5★ (199) | 1.5 mi | Airbnb |
Quiet Redding Getaway ~ 7 Mi to Downtown! House | 3 bd · 2 ba · sleeps 6 | $44,782 | $210 | 58% | 4.8★ (59) | 1.6 mi | AirbnbVrboBooking |
Forest Homes Retreat House | 3 bd · 2 ba · sleeps 6 | $37,882 | $292 | 36% | 5★ (46) | 1.6 mi | AirbnbVrbo |
Timber Haven- Cozy Nest w/Hot Tub & EV Charger House | 3 bd · 2 ba · sleeps 6 | $50,959 | $221 | 63% | 5★ (205) | 1.8 mi | AirbnbVrbo |
Newly Remodeled Charming home! House | 3 bd · 1 ba · sleeps 5 | $33,104 | $186 | 49% | 4.8★ (30) | 1.9 mi | AirbnbVrbo |
Redding Poolside Retreat | Family & Pet Friendly House | 3 bd · 2 ba · sleeps 6 | $63,449 | $238 | 73% | 4.8★ (157) | 2.1 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
$40,984
NOI
$15,537
Cash flow /mo
-$1,830
Cash needed
$187,671
Cash-on-cash
-11.7%
ROE (yr 1)
-0.4%
Cap rate
2.7%
DSCR
0.41
Year-1 write-off
$167,874
Year-1 tax shield @ 32%
$53,720
Year-1 return on equity
- Cash flow (annual)-$21,961
- Principal paydown$3,795
- Appreciation at%$17,397
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$8,197
- Platform fees (3% of revenue)$1,230
- Maintenance / capex (5% of revenue)$2,049
- Utilities & supplies$4,200
- HOA$0
- Property tax$7,249
- Insurance (STR-rated)$3,392
Cash needed to close
- Down payment (25%)$144,975
- Closing costs (4.0%)$23,196
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$53,720
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
$462,000
Short-life (5/15-yr)
$147,000 · 32%
Year-1 deduction
$168,000
Year-1 tax shield @ 32%
$54,000
Land 20% (county tax record, assessed value split) · building $316,000 over 39 years · new furniture $20,000
Based on: 1,826 sq ft, built 2002, 3 bd / 2 ba, unfurnished, listing features (pool, stone counters, flooring types).
IRS-guide safe-harbor floor: $145,000 in year 1 (27% short-life, $46,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $8,300
Kitchen cabinetsdefault
$9,800 new × 40% good × 2.13 allocation
- $8,500
Kitchen countertops (stone)listing
$10,000 new × 40% good × 2.13 allocation
- $2,700
Decorative trimdefault
$3,200 new × 40% good × 2.13 allocation
- $300
Mirrorsdefault
$300 new × 40% good × 2.13 allocation
- $1,000
Shelvingdefault
$1,200 new × 40% good × 2.13 allocation
- $3,800
Window coverings (18)default
$4,500 new × 40% good × 2.13 allocation
- $10,000
Carpet, vinyl & laminate (100% of floors)listing
$11,800 new × 40% good × 2.13 allocation
- $8,400
Kitchen & laundry equipment plumbingdefault
$7,600 new × 52% good × 2.13 allocation
- $5,100
Kitchen, laundry & data equipment electricaldefault
$4,600 new × 52% good × 2.13 allocation
- $6,900
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.13 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $9,400
Paving: driveway & walks (paved)default
$8,900 new × 50% good × 2.13 allocation
- $9,100
Landscaping (typical)default
$8,500 new × 50% good × 2.13 allocation
- $1,900
Patiosdefault
$1,800 new × 50% good × 2.13 allocation
- $1,900
Decks & porches (attached)default
$1,800 new × 50% good × 2.13 allocation
- $69,200
Pool (in-ground)listing
$65,000 new × 50% good × 2.13 allocation
- $252,900
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$198,000 new × 60% good × 2.13 allocation
- $22,700
Building plumbing & fixturesdefault
$20,500 new × 52% good × 2.13 allocation
- $22,600
Building electrical & lightingdefault
$20,400 new × 52% good × 2.13 allocation
- $17,500
HVACdefault
$20,600 new × 40% good × 2.13 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $74,700 | $91,500 | $1,700 | $167,900 |
| 2 | $0 | $0 | $8,100 | $8,100 |
| 3 | $0 | $0 | $8,100 | $8,100 |
| 4 | $0 | $0 | $8,100 | $8,100 |
| 5 | $0 | $0 | $8,100 | $8,100 |
| 6+ | $0 | $0 | $281,700 | $281,700 |
| Total | $74,700 | $91,500 | $315,800 | $482,000 |
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
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.