Year built
1940
Sqft
704
Lot sqft
6,098
HOA / mo
$0
Furnished
No
List date
2026-11-11T19:57:58.000000Z
Revenue
Annual revenue
$18,416
ADR
$110
Occupancy
46%
Cleaning fees (12 mo)
$685
Confidence
Med (53.83), 9 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $14,535
2BR Town House
House · 2 bd · 1.5 ba · sleeps 4 · 0.1 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $14,535ADR $65Occ ≈ 61%4★ (1)
The Logan House in Hocking Hills
House · 2 bd · 2 ba · sleeps 7 · 0.2 mi
Revenue $5,961ADR $175Occ ≈ 9%4.9★ (60)
Delisted
The Logan House in Hocking Hills
House · 2 bd · 2 ba · sleeps 7 · 0.3 mi
Revenue $9,292ADR $166Occ ≈ 15%4.7★ (46)
The Logan House
House · 2 bd · 2 ba · sleeps 7 · 0.3 mi
Revenue $7,243ADR $176Occ ≈ 11%4.7★ (3)
Delisted
Little Yellow House
House · 2 bd · 1 ba · sleeps 5 · 0.5 mi
Revenue $25,708ADR $179Occ ≈ 39%4.9★ (49)
Delisted
“Luxury Firefly Yurt -Hocking Hills •Paddle & Stay
Yurt · 2 bd · 1 ba · sleeps 4 · 0.7 mi
- Hot tub
- A/C
- Free parking
- Kitchen
Revenue $22,570ADR $191Occ ≈ 32%4.8★ (38)
Rivers Edge Cabin
Cabin · 2 bd · 1 ba · sleeps 6 · 0.7 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +2
Revenue $14,515ADR $179Occ ≈ 22%5★ (9)
*Luxury Songbird Yurt* Hocking Hills•Paddle & Stay
Yurt · 2 bd · 1 ba · sleeps 4 · 0.7 mi
- Hot tub
- A/C
- Free parking
- Kitchen
Revenue $18,291ADR $194Occ ≈ 26%5★ (28)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
2BR Town House House
| 2 bd · 1.5 ba · sleeps 4 | $14,535 | $65 | 61% | 4★ (1) | 0.1 mi | Airbnb |
The Logan House in Hocking Hills House | 2 bd · 2 ba · sleeps 7 | $5,961 | $175 | 9% | 4.9★ (60) | 0.2 mi | Delisted |
The Logan House in Hocking Hills House | 2 bd · 2 ba · sleeps 7 | $9,292 | $166 | 15% | 4.7★ (46) | 0.3 mi | Airbnb |
Karlee's Kove House
| 2 bd · 1.5 ba · sleeps 4 | $23,197 | $141 | 45% | 4.9★ (228) | 0.3 mi | AirbnbVrbo |
The Logan House House | 2 bd · 2 ba · sleeps 7 | $7,243 | $176 | 11% | 4.7★ (3) | 0.3 mi | Delisted |
Little Yellow House House | 2 bd · 1 ba · sleeps 5 | $25,708 | $179 | 39% | 4.9★ (49) | 0.5 mi | Delisted |
“Luxury Firefly Yurt -Hocking Hills •Paddle & Stay Yurt
| 2 bd · 1 ba · sleeps 4 | $22,570 | $191 | 32% | 4.8★ (38) | 0.7 mi | Airbnb |
Rivers Edge Cabin Cabin
| 2 bd · 1 ba · sleeps 6 | $14,515 | $179 | 22% | 5★ (9) | 0.7 mi | Airbnb |
*Luxury Songbird Yurt* Hocking Hills•Paddle & Stay Yurt
| 2 bd · 1 ba · sleeps 4 | $18,291 | $194 | 26% | 5★ (28) | 0.7 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
Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium
Est. revenue
$18,416
NOI
$7,586
Cash flow /mo
$113
Cash needed
$43,521
Cash-on-cash
3.1%
ROE (yr 1)
11.1%
Cap rate
8.0%
DSCR
1.22
Year-1 write-off
$38,078
Year-1 tax shield @ 32%
$12,185
Year-1 return on equity
- Cash flow (annual)$1,360
- Principal paydown$603
- Appreciation at%$2,847
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)$3,683
- Platform fees (3% of revenue)$552
- Maintenance / capex (5% of revenue)$921
- Utilities & supplies$4,200
- HOA$0
- Property tax$705
- Insurance (STR-rated)$769
Cash needed to close
- Down payment (25%)$23,725
- Closing costs (4.0%)$3,796
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$12,185
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
$66,000
Short-life (5/15-yr)
$22,000 · 33%
Year-1 deduction
$38,000
Year-1 tax shield @ 32%
$12,000
Land 30% (county tax record, market value split) · building $44,000 over 39 years · new furniture $16,000
Based on: 704 sq ft, built 1940, 2 bd / 1 ba, unfurnished, listing features (deck, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $27,000 in year 1 (17% short-life, $9,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $3,200
Kitchen cabinetsdefault
$7,300 new × 40% good × 1.08 allocation
- $2,600
Kitchen countertopsdefault
$6,000 new × 40% good × 1.08 allocation
- $500
Decorative trimdefault
$1,200 new × 40% good × 1.08 allocation
- $100
Mirrorsdefault
$200 new × 40% good × 1.08 allocation
- $400
Shelvingdefault
$900 new × 40% good × 1.08 allocation
- $800
Window coverings (7)default
$1,800 new × 40% good × 1.08 allocation
- $2,500
Kitchen & laundry equipment plumbingdefault
$5,700 new × 40% good × 1.08 allocation
- $1,500
Kitchen, laundry & data equipment electricaldefault
$3,500 new × 40% good × 1.08 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $3,000
Paving: driveway & walks (paved)default
$5,500 new × 50% good × 1.08 allocation
- $2,900
Landscaping (typical)default
$5,300 new × 50% good × 1.08 allocation
- $400
Patiosdefault
$700 new × 50% good × 1.08 allocation
- $4,300
Decks & porches (attached)listing
$7,900 new × 50% good × 1.08 allocation
- $32,900
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$75,900 new × 40% good × 1.08 allocation
- $3,400
Building plumbing & fixturesdefault
$7,800 new × 40% good × 1.08 allocation
- $2,700
Building electrical & lightingdefault
$6,200 new × 40% good × 1.08 allocation
- $3,400
HVACdefault
$7,900 new × 40% good × 1.08 allocation
- $2,000
Hardwood & tile floorsdefault
$4,500 new × 40% good × 1.08 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $27,500 | $10,500 | $0 | $38,100 |
| 2 | $0 | $0 | $1,100 | $1,100 |
| 3 | $0 | $0 | $1,100 | $1,100 |
| 4 | $0 | $0 | $1,100 | $1,100 |
| 5 | $0 | $0 | $1,100 | $1,100 |
| 6+ | $0 | $0 | $39,800 | $39,800 |
| Total | $27,500 | $10,500 | $44,400 | $82,400 |
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, 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.