Year built
—
Sqft
1,216
Lot sqft
8,712
HOA / mo
None
Furnished
No
List date
2026-10-29T15:42:00.000000Z
Revenue
Annual revenue
$25,253
ADR
$177
Occupancy
39%
Cleaning fees (12 mo)
$2,301
Confidence
Med (56.64), 13 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $27,258
Glidden's Getaway, Downtown Logan
House · 2 bd · 1 ba · sleeps 5 · 0.2 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $14,930ADR $128Occ ≈ 32%4.8★ (86)
The Opal Cottage on Orchard
House · 2 bd · 1 ba · sleeps 4 · 0.3 mi
Revenue $21,224ADR $140Occ ≈ 42%5★ (41)
Delisted
Hickory House -2 bedroom home in Hocking Hills
House · 2 bd · 1 ba · sleeps 4 · 0.3 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +1
Revenue $16,692ADR $157Occ ≈ 29%5★ (128)
Harvest Cottage on Orchard
House · 2 bd · 1 ba · sleeps 4 · 0.3 mi
Revenue $6,604ADR $170Occ ≈ 11%4.8★ (29)
Delisted
Hocking Hills Rusty Lofts
Apartment · 2 bd · 1 ba · sleeps 4 · 0.3 mi
Revenue $32,476ADR $212Occ ≈ 42%4.3★ (45)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Glidden's Getaway, Downtown Logan House
| 2 bd · 1 ba · sleeps 5 | $14,930 | $128 | 32% | 4.8★ (86) | 0.2 mi | Airbnb |
The Opal Cottage on Orchard House | 2 bd · 1 ba · sleeps 4 | $21,224 | $140 | 42% | 5★ (41) | 0.3 mi | Delisted |
Hocking Hills | Cozy Downtown Loft w/Porch Loft
| 2 bd · 1 ba · sleeps 5 | $18,177 | $178 | 28% | 4.8★ (109) | 0.3 mi | AirbnbVrbo |
Upstairs apartment in downtown Logan! Loft
| 2 bd · 1 ba · sleeps 6 | $15,640 | $216 | 20% | 5★ (110) | 0.3 mi | AirbnbVrbo |
Hickory House -2 bedroom home in Hocking Hills House
| 2 bd · 1 ba · sleeps 4 | $16,692 | $157 | 29% | 5★ (128) | 0.3 mi | Airbnb |
Harvest Cottage on Orchard House | 2 bd · 1 ba · sleeps 4 | $6,604 | $170 | 11% | 4.8★ (29) | 0.3 mi | Delisted |
1875 Historic Home · Walkable Downtown Logan House
| 2 bd · 2 ba · sleeps 4 | $42,772 | $150 | 78% | 5★ (357) | 0.3 mi | AirbnbVrbo |
Retro Romance: James & Monroe Apartment
| 2 bd · 2 ba · sleeps 8 | $34,939 | $320 | 30% | 5★ (1) | 0.3 mi | AirbnbVrbo |
Stylish Retreat · Downtown Logan · Hocking Hills House
| 2 bd · 1 ba · sleeps 4 | $41,950 | $164 | 70% | 5★ (240) | 0.3 mi | AirbnbVrbo |
Hocking Hills Rusty Lofts Apartment | 2 bd · 1 ba · sleeps 4 | $32,476 | $212 | 42% | 4.3★ (45) | 0.3 mi | Booking |
Show 3 more
FranSay Antique Living (Hocking Hills)
House · 2 bd · 1 ba · sleeps 4 · 0.6 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $27,646ADR $101Occ ≈ 75%5★ (466)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Shawnee in Hocking Hills Cabin
| 2 bd · 1 ba · sleeps 4 | $32,460 | $283 | 31% | 4.3★ (59) | 0.5 mi | AirbnbVrboBooking |
Cherokee in Hocking Hills Cabin
| 2 bd · 1 ba · sleeps 4 | $27,258 | $281 | 27% | 4.2★ (47) | 0.5 mi | AirbnbVrboBooking |
FranSay Antique Living (Hocking Hills) House
| 2 bd · 1 ba · sleeps 4 | $27,646 | $101 | 75% | 5★ (466) | 0.6 mi | 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
Est. revenue
$25,253
NOI
$10,306
Cash flow /mo
$859
Cash needed
$244,696
Cash-on-cash (all cash)
4.2%
ROE (yr 1)
6.9%
Cap rate
4.7%
DSCR
—
Year-1 write-off
$69,929
Year-1 tax shield @ 32%
$22,377
Year-1 return on equity
- Cash flow (annual)$10,306
- Principal paydown (n/a, cash)$0
- Appreciation at%$6,597
Tax savings aren't counted. Turn on “Count tax savings in returns” above if you can use the losses.
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$5,051
- Platform fees (3% of revenue)$758
- Maintenance / capex (5% of revenue)$1,263
- Utilities & supplies$4,200
- HOA$0
- Property tax$1,895
- Insurance (STR-rated)$1,781
Cash needed to close
- Purchase price (all cash)$219,900
- Closing costs (4.0%)$8,796
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$22,377
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
$161,000
Short-life (5/15-yr)
$54,000 · 33%
Year-1 deduction
$70,000
Year-1 tax shield @ 32%
$22,000
Land 27% (county tax record, market value split) · building $107,000 over 39 years · new furniture $16,000
Based on: 1,216 sq ft, age unknown, 2 bd / 1 ba, unfurnished, listing features (deck, patio, fence, stone counters, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $48,000 in year 1 (20% short-life, $15,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $5,000
Kitchen cabinetsdefault
$8,500 new × 40% good × 1.49 allocation
- $5,200
Kitchen countertops (stone)listing
$8,700 new × 40% good × 1.49 allocation
- $1,300
Decorative trimdefault
$2,100 new × 40% good × 1.49 allocation
- $100
Mirrorsdefault
$200 new × 40% good × 1.49 allocation
- $500
Shelvingdefault
$900 new × 40% good × 1.49 allocation
- $1,800
Window coverings (12)default
$3,000 new × 40% good × 1.49 allocation
- $3,900
Kitchen & laundry equipment plumbingdefault
$6,600 new × 40% good × 1.49 allocation
- $2,400
Kitchen, laundry & data equipment electricaldefault
$4,000 new × 40% good × 1.49 allocation
- $4,400
Appliances (range, dishwasher, disposal, refrigerator, washer, dryer)listing
$7,400 new × 40% good × 1.49 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $5,400
Paving: driveway & walks (paved)default
$7,200 new × 50% good × 1.49 allocation
- $5,200
Landscaping (typical)default
$7,000 new × 50% good × 1.49 allocation
- $4,100
Patioslisting
$5,500 new × 50% good × 1.49 allocation
- $10,200
Decks & porches (attached)listing
$13,700 new × 50% good × 1.49 allocation
- $4,500
Fencinglisting
$6,000 new × 50% good × 1.49 allocation
- $78,400
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$131,800 new × 40% good × 1.49 allocation
- $8,100
Building plumbing & fixturesdefault
$13,600 new × 40% good × 1.49 allocation
- $7,500
Building electrical & lightingdefault
$12,700 new × 40% good × 1.49 allocation
- $8,200
HVACdefault
$13,700 new × 40% good × 1.49 allocation
- $4,700
Hardwood & tile floorsdefault
$7,800 new × 40% good × 1.49 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $40,600 | $29,300 | $100 | $69,900 |
| 2 | $0 | $0 | $2,700 | $2,700 |
| 3 | $0 | $0 | $2,700 | $2,700 |
| 4 | $0 | $0 | $2,700 | $2,700 |
| 5 | $0 | $0 | $2,700 | $2,700 |
| 6+ | $0 | $0 | $95,800 | $95,800 |
| Total | $40,600 | $29,300 | $106,900 | $176,700 |
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, Georgia and Wisconsin disallow bonus depreciation, Ohio adds back 5/6 of it, and Tennessee has no personal income tax. Not tax advice.
Market note
Hocking County STR ordinance pending (annual permit, inspection, $1M liability insurance, driveway standards). Steep/gravel driveways are a cost risk.