Year built
1920
Sqft
1,088
Lot sqft
3,485
HOA / mo
$0
Furnished
No
List date
2026-11-02T00:34:19.000000Z
Revenue
Annual revenue
$33,028
ADR
$195
Occupancy
46%
Cleaning fees (12 mo)
$3,842
Confidence
Low (47.54), 8 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $27,038
Pet Friendly, 3BR Retreat, King Bed & Hot Tub
House · 3 bd · 2 ba · sleeps 6 · 118 ft
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $39,455ADR $222Occ ≈ 49%5★ (130)
Logan, Ohio in the Heart of Hocking Hills, pool table, king size bed, Hot Tub
House · 3 bd · 2 ba · sleeps 6 · 361 ft
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $46,900ADR $264Occ ≈ 49%5★ (21)
3 Bedroom in Hocking Hills w King Bed Logan Ohio
Vacation home · 3 bd · 2 ba · sleeps 6 · 364 ft
Revenue $38,250ADR $258Occ ≈ 41%4.8★ (5)
Peaceful 3 Bedroom Getaway Home
House · 3 bd · 1 ba · sleeps 6 · 0.4 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +3
Revenue $17,328ADR $218Occ ≈ 22%4.9★ (101)
The Old Canal House (and hottub!)
House · 3 bd · 2 ba · sleeps 6 · 0.7 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +4
Revenue $21,390ADR $65Occ ≈ 90%4.8★ (36)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Pet Friendly, 3BR Retreat, King Bed & Hot Tub House
| 3 bd · 2 ba · sleeps 6 | $39,455 | $222 | 49% | 5★ (130) | 118 ft | Airbnb |
Logan, Ohio in the Heart of Hocking Hills, pool table, king size bed, Hot Tub House
| 3 bd · 2 ba · sleeps 6 | $46,900 | $264 | 49% | 5★ (21) | 361 ft | Vrbo |
3 Bedroom in Hocking Hills w King Bed Logan Ohio Vacation home | 3 bd · 2 ba · sleeps 6 | $38,250 | $258 | 41% | 4.8★ (5) | 364 ft | Booking |
Peaceful 3 Bedroom Getaway Home House
| 3 bd · 1 ba · sleeps 6 | $17,328 | $218 | 22% | 4.9★ (101) | 0.4 mi | Airbnb |
The Old Canal House (and hottub!) House
| 3 bd · 2 ba · sleeps 6 | $21,390 | $65 | 90% | 4.8★ (36) | 0.7 mi | Airbnb |
Chickasaw in Hocking Hills Cabin
| 3 bd · 1 ba · sleeps 6 | $21,613 | $287 | 21% | 4.2★ (46) | 0.7 mi | AirbnbVrboBooking |
Lakewood Cottage in Hocking Hills Cabin
| 3 bd · 2 ba · sleeps 8 | $27,038 | $393 | 19% | 4.5★ (34) | 0.7 mi | AirbnbVrboBooking |
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
$33,028
NOI
$16,803
Cash flow /mo
$1,400
Cash needed
$253,396
Cash-on-cash (all cash)
6.6%
ROE (yr 1)
9.3%
Cap rate
7.5%
DSCR
—
Year-1 write-off
$74,892
Year-1 tax shield @ 32%
$23,966
Year-1 return on equity
- Cash flow (annual)$16,803
- Principal paydown (n/a, cash)$0
- Appreciation at%$6,747
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)$6,606
- Platform fees (3% of revenue)$991
- Maintenance / capex (5% of revenue)$1,651
- Utilities & supplies$4,200
- HOA$0
- Property tax$955
- Insurance (STR-rated)$1,822
Cash needed to close
- Purchase price (all cash)$224,900
- Closing costs (4.0%)$8,996
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$23,966
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
$188,000
Short-life (5/15-yr)
$55,000 · 29%
Year-1 deduction
$75,000
Year-1 tax shield @ 32%
$24,000
Land 16% (county tax record, market value split) · building $133,000 over 39 years · new furniture $20,000
Based on: 1,088 sq ft, built 1920, 3 bd / 2 ba, unfurnished, listing features (flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $58,000 in year 1 (20% short-life, $18,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $7,100
Kitchen cabinetsdefault
$8,200 new × 40% good × 2.18 allocation
- $5,800
Kitchen countertopsdefault
$6,700 new × 40% good × 2.18 allocation
- $1,700
Decorative trimdefault
$1,900 new × 40% good × 2.18 allocation
- $300
Mirrorsdefault
$300 new × 40% good × 2.18 allocation
- $1,000
Shelvingdefault
$1,200 new × 40% good × 2.18 allocation
- $2,400
Window coverings (11)default
$2,800 new × 40% good × 2.18 allocation
- $6,100
Carpet, vinyl & laminate (100% of floors)listing
$7,000 new × 40% good × 2.18 allocation
- $5,500
Kitchen & laundry equipment plumbingdefault
$6,400 new × 40% good × 2.18 allocation
- $3,400
Kitchen, laundry & data equipment electricaldefault
$3,800 new × 40% good × 2.18 allocation
- $5,000
Appliances (range, microwave, dishwasher, refrigerator)listing
$5,700 new × 40% good × 2.18 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $7,400
Paving: driveway & walks (paved)default
$6,800 new × 50% good × 2.18 allocation
- $7,200
Landscaping (typical)default
$6,600 new × 50% good × 2.18 allocation
- $1,200
Patiosdefault
$1,100 new × 50% good × 2.18 allocation
- $1,200
Decks & porches (attached)default
$1,100 new × 50% good × 2.18 allocation
- $102,300
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$117,400 new × 40% good × 2.18 allocation
- $10,600
Building plumbing & fixturesdefault
$12,200 new × 40% good × 2.18 allocation
- $9,600
Building electrical & lightingdefault
$11,100 new × 40% good × 2.18 allocation
- $10,700
HVACdefault
$12,300 new × 40% good × 2.18 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $57,800 | $17,000 | $100 | $74,900 |
| 2 | $0 | $0 | $3,400 | $3,400 |
| 3 | $0 | $0 | $3,400 | $3,400 |
| 4 | $0 | $0 | $3,400 | $3,400 |
| 5 | $0 | $0 | $3,400 | $3,400 |
| 6+ | $0 | $0 | $119,400 | $119,400 |
| Total | $57,800 | $17,000 | $133,200 | $208,000 |
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, 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.