Year built
1985
Sqft
1,920
Lot sqft
27,007
HOA / mo
$0
Furnished
No
List date
2026-10-06T14:24:21.000000Z
Revenue
Annual revenue
$69,741
ADR
$424
Occupancy
45%
Cleaning fees (12 mo)
$9,378
Confidence
Low (41.48), 10 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $61,779
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
 Heart of the Country /Homestead Cabin | 4 bd · 2 ba · sleeps 8 | $52,098 | $241 | 59% | 4.8★ (36) | 0.5 mi | AirbnbVrbo |
 Ruby's Farmhouse (Hocking Hills area) House | 4 bd · 2 ba · sleeps 8 | $50,182 | $349 | 39% | 4.8★ (99) | 0.8 mi | AirbnbVrbo |
 Rustic Pines on Buckeye Trail with hot tub Cabin | 4 bd · 2.5 ba · sleeps 9 | $71,459 | $387 | 51% | 5★ (102) | 1.1 mi | AirbnbVrbo |
 Secluded Lake Luxury. Free kayaks, canoe & rowboat Cabin | 4 bd · 2.5 ba · sleeps 10 | $90,807 | $590 | 42% | 5★ (127) | 1.3 mi | AirbnbVrbo |
 Lakeview A-Frame w/Pickleball Arena - Sleeps 15! House | 4 bd · 2.5 ba · sleeps 15 | $98,696 | $768 | 35% | 5★ (78) | 1.4 mi | AirbnbVrbo |
 *Hocking Hills Retreat | 2 Cabins, Fishing Ponds* Cabin | 4 bd · 3 ba · sleeps 14 | $95,236 | $578 | 45% | 4.7★ (196) | 1.6 mi | AirbnbVrboBooking |
 Sunset Valley Lodge + Hot Tub I Private Trail Cabin
| 4 bd · 3 ba · sleeps 12 | $137,861 | $430 | 88% | 4.3★ (28) | 1.6 mi | AirbnbVrbo |
 Overlook Outpost| Hocking, Hot Tub, Pet Friendly Cabin | 4 bd · 2 ba · sleeps 8 | $19,257 | $363 | 15% | 4.7★ (11) | 1.7 mi | AirbnbVrbo |
 Stunning Views + 1 mile to Hangar House Cabin | 4 bd · 2 ba · sleeps 8 | $23,136 | $369 | 17% | 4.8★ (85) | 1.8 mi | AirbnbVrbo |
 Haney Cabin Cabin | 4 bd · 2 ba · sleeps 8 | $27,461 | $373 | 20% | 4.5★ (23) | 2.0 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 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium
Est. revenue
$69,741
NOI
$41,265
Cash flow /mo
$1,480
Cash needed
$125,921
Cash-on-cash
14.1%
ROE (yr 1)
24.3%
Cap rate
11.6%
DSCR
1.76
Year-1 write-off
$104,353
Year-1 tax shield @ 32%
$33,393
Year-1 return on equity
- Cash flow (annual)$17,761
- Principal paydown$2,210
- Appreciation at%$10,647
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)$13,948
- Platform fees (3% of revenue)$2,092
- Maintenance / capex (5% of revenue)$3,487
- Utilities & supplies$4,200
- HOA$0
- Property tax$1,874
- Insurance (STR-rated)$2,875
Cash needed to close
- Down payment (25%)$88,725
- Closing costs (4.0%)$14,196
- Furnishing (bought new)$23,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$33,393
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
$295,000
Short-life (5/15-yr)
$81,000 · 28%
Year-1 deduction
$104,000
Year-1 tax shield @ 32%
$33,000
Land 17% (county tax record, market value split) · building $214,000 over 39 years · new furniture $23,000
Based on: 1,920 sq ft, built 1985, 4 bd / 2 ba, unfurnished, listing features (deck, fireplace, stone counters).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $65,000 in year 1 (14% short-life, $21,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $7,600
Kitchen cabinetsdefault
$10,000 new × 40% good × 1.89 allocation
- $7,700
Kitchen countertops (stone)listing
$10,200 new × 40% good × 1.89 allocation
- $2,500
Decorative trimdefault
$3,400 new × 40% good × 1.89 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.89 allocation
- $1,100
Shelvingdefault
$1,500 new × 40% good × 1.89 allocation
- $3,600
Window coverings (19)default
$4,800 new × 40% good × 1.89 allocation
- $3,700
Carpet, vinyl & laminate (40% of floors)default
$4,900 new × 40% good × 1.89 allocation
- $5,900
Kitchen & laundry equipment plumbingdefault
$7,800 new × 40% good × 1.89 allocation
- $3,600
Kitchen, laundry & data equipment electricaldefault
$4,700 new × 40% good × 1.89 allocation
- $6,100
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 1.89 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $8,600
Paving: driveway & walks (paved)default
$9,100 new × 50% good × 1.89 allocation
- $8,300
Landscaping (typical)default
$8,700 new × 50% good × 1.89 allocation
- $1,800
Patiosdefault
$1,900 new × 50% good × 1.89 allocation
- $20,400
Decks & porches (attached)listing
$21,600 new × 50% good × 1.89 allocation
- $157,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$208,000 new × 40% good × 1.89 allocation
- $16,300
Building plumbing & fixturesdefault
$21,600 new × 40% good × 1.89 allocation
- $16,300
Building electrical & lightingdefault
$21,600 new × 40% good × 1.89 allocation
- $16,300
HVACdefault
$21,600 new × 40% good × 1.89 allocation
- $5,600
Hardwood & tile floorsdefault
$7,400 new × 40% good × 1.89 allocation
- $2,000
Fireplacelisting
$2,600 new × 40% good × 1.89 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $65,100 | $39,000 | $200 | $104,400 |
| 2 | $0 | $0 | $5,500 | $5,500 |
| 3 | $0 | $0 | $5,500 | $5,500 |
| 4 | $0 | $0 | $5,500 | $5,500 |
| 5 | $0 | $0 | $5,500 | $5,500 |
| 6+ | $0 | $0 | $191,600 | $191,600 |
| Total | $65,100 | $39,000 | $213,800 | $317,900 |
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.