Year built
1981
Sqft
1,668
Lot sqft
408,593
HOA / mo
$0
Furnished
No
List date
2026-10-02T21:27:40.000000Z
Revenue
Annual revenue
$50,395
ADR
$327
Occupancy
42%
Cleaning fees (12 mo)
$4,085
Confidence
Med (64.02), 16 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $59,165
Eagle Suite
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.4 mi
Revenue $21,746ADR $356Occ ≈ 17%—
Coyote - by The Chalets
Vacation home · 2 bd · 2 ba · sleeps 4 · 0.5 mi
Revenue $63,063ADR $304Occ ≈ 57%—
Deer Run - by The Chalets
Vacation home · 2 bd · 2 ba · sleeps 4 · 0.6 mi
Revenue $73,931ADR $291Occ ≈ 70%4.5★ (1)
Bird Nest Apt: private lower level apartment
Apartment · 2 bd · 1 ba · sleeps 6 · 0.6 mi
Revenue $30,897ADR $159Occ ≈ 53%5★ (820)
Lakeview - by The Chalets
Vacation home · 4 bd · 2 ba · sleeps 8 · 0.6 mi
Revenue $65,221ADR $377Occ ≈ 47%5★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Loft on #18 by The Inn & Spa at Cedar Falls Condominium (condo) | 2 bd · 1 ba · sleeps 4 | $32,772 | $404 | 22% | 4.8★ (22) | 0.4 mi | AirbnbVrbo |
Eagle Suite Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $21,746 | $356 | 17% | — | 0.4 mi | Airbnb |
Clubhouse Loft by The Inn & Spa at Cedar Falls Loft | 2 bd · 1 ba · sleeps 4 | $26,996 | $443 | 17% | 5★ (8) | 0.4 mi | AirbnbVrbo |
Coyote - by The Chalets Vacation home | 2 bd · 2 ba · sleeps 4 | $63,063 | $304 | 57% | — | 0.5 mi | Booking |
Wooded Pet Friendly Cabin w/ Hot Tub & Fire Pit Cabin | 2 bd · 2 ba · sleeps 4 | $49,686 | $283 | 48% | 4.9★ (118) | 0.5 mi | AirbnbVrboBooking |
Deer Run - by The Chalets Vacation home | 2 bd · 2 ba · sleeps 4 | $73,931 | $291 | 70% | 4.5★ (1) | 0.6 mi | Booking |
Bird Nest Apt: private lower level apartment Apartment | 2 bd · 1 ba · sleeps 6 | $30,897 | $159 | 53% | 5★ (820) | 0.6 mi | Airbnb |
Wooded Pet Friendly Cabin w/ Hot Tub & Fire Pit Cabin | 2 bd · 2 ba · sleeps 4 | $61,059 | $274 | 61% | 4.8★ (147) | 0.6 mi | AirbnbVrboBooking |
Rustic Lodge Cabin | Sleeps 12 | Hocking Hills Cabin | 3 bd · 3 ba · sleeps 12 | $23,978 | $399 | 16% | 4.5★ (5) | 0.6 mi | AirbnbVrbo |
Lakeview - by The Chalets Vacation home | 4 bd · 2 ba · sleeps 8 | $65,221 | $377 | 47% | 5★ (1) | 0.6 mi | Booking |
Show 6 more
Treetop - by The Chalets
Vacation home · 4 bd · 2 ba · sleeps 8 · 0.6 mi
Revenue $60,924ADR $374Occ ≈ 45%4.5★ (1)
Lilypad - by The Chalets
Vacation home · 2 bd · 2 ba · sleeps 4 · 0.7 mi
Revenue $80,923ADR $304Occ ≈ 73%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Treetop - by The Chalets Vacation home | 4 bd · 2 ba · sleeps 8 | $60,924 | $374 | 45% | 4.5★ (1) | 0.6 mi | Booking |
Modern Hocking Hills Home w/ 2 King Beds & Hot Tub Cabin | 2 bd · 2 ba · sleeps 4 | $63,377 | $291 | 60% | 4.8★ (116) | 0.7 mi | AirbnbVrbo |
Pet-Friendly Cabin w/ Deck, Hot Tub & Views Cabin | 3 bd · 2 ba · sleeps 6 | $62,676 | $327 | 53% | 4.8★ (165) | 0.7 mi | AirbnbVrbo |
Lilypad - by The Chalets Vacation home | 2 bd · 2 ba · sleeps 4 | $80,923 | $304 | 73% | — | 0.7 mi | Booking |
Pond View Chalet | Hot Tub & Fire Pit | Sleeps 8 Cabin | 4 bd · 2 ba · sleeps 8 | $57,406 | $368 | 43% | 4.8★ (112) | 0.7 mi | AirbnbVrbo |
Hocking Hills 8ppl Chalet w/ Hot Tub & Fire Pit Cabin | 4 bd · 2 ba · sleeps 8 | $52,830 | $348 | 42% | 4.7★ (106) | 0.7 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
Est. revenue
$50,395
NOI
$22,781
Cash flow /mo
$1,898
Cash needed
$805,396
Cash-on-cash (all cash)
2.8%
ROE (yr 1)
5.6%
Cap rate
3.0%
DSCR
—
Year-1 write-off
$134,775
Year-1 tax shield @ 32%
$43,128
Year-1 return on equity
- Cash flow (annual)$22,781
- Principal paydown (n/a, cash)$0
- Appreciation at%$22,497
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)$10,079
- Platform fees (3% of revenue)$1,512
- Maintenance / capex (5% of revenue)$2,520
- Utilities & supplies$4,200
- HOA$0
- Property tax$3,229
- Insurance (STR-rated)$6,074
Cash needed to close
- Purchase price (all cash)$749,900
- Closing costs (4.0%)$29,996
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$43,128
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
$492,000
Short-life (5/15-yr)
$109,000 · 22%
Year-1 deduction
$135,000
Year-1 tax shield @ 32%
$43,000
Land 34% (county tax record, market value split) · building $383,000 over 39 years · new furniture $26,000
Based on: 1,668 sq ft, built 1981, 3 bd / 2 ba, unfurnished, listing features (patio, game room, fireplace, appliance list, septic, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $100,000 in year 1 (15% short-life, $32,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $13,900
Kitchen cabinetsdefault
$9,500 new × 40% good × 3.67 allocation
- $11,400
Kitchen countertopsdefault
$7,700 new × 40% good × 3.67 allocation
- $4,300
Decorative trimdefault
$2,900 new × 40% good × 3.67 allocation
- $400
Mirrorsdefault
$300 new × 40% good × 3.67 allocation
- $1,800
Shelvingdefault
$1,200 new × 40% good × 3.67 allocation
- $6,200
Window coverings (17)default
$4,300 new × 40% good × 3.67 allocation
- $6,300
Carpet, vinyl & laminate (40% of floors)default
$4,300 new × 40% good × 3.67 allocation
- $10,800
Kitchen & laundry equipment plumbingdefault
$7,400 new × 40% good × 3.67 allocation
- $6,500
Kitchen, laundry & data equipment electricaldefault
$4,400 new × 40% good × 3.67 allocation
- $7,300
Appliances (range, dishwasher, refrigerator)listing
$5,000 new × 40% good × 3.67 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $15,600
Paving: driveway & walks (paved)default
$8,500 new × 50% good × 3.67 allocation
- $7,500
Landscaping (minimal)listing
$4,100 new × 50% good × 3.67 allocation
- $13,800
Patioslisting
$7,500 new × 50% good × 3.67 allocation
- $3,000
Decks & porches (attached)default
$1,600 new × 50% good × 3.67 allocation
- $265,600
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$180,800 new × 40% good × 3.67 allocation
- $27,600
Building plumbing & fixturesdefault
$18,800 new × 40% good × 3.67 allocation
- $27,100
Building electrical & lightingdefault
$18,400 new × 40% good × 3.67 allocation
- $27,600
HVACdefault
$18,800 new × 40% good × 3.67 allocation
- $9,500
Hardwood & tile floorsdefault
$6,400 new × 40% good × 3.67 allocation
- $3,900
Fireplacelisting
$2,600 new × 40% good × 3.67 allocation
- $22,000
Septic systemlisting
$12,000 new × 50% good × 3.67 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $94,500 | $39,800 | $400 | $134,800 |
| 2 | $0 | $0 | $9,800 | $9,800 |
| 3 | $0 | $0 | $9,800 | $9,800 |
| 4 | $0 | $0 | $9,800 | $9,800 |
| 5 | $0 | $0 | $9,800 | $9,800 |
| 6+ | $0 | $0 | $343,500 | $343,500 |
| Total | $94,500 | $39,800 | $383,300 | $517,600 |
The building's share of the price ($492,000) is 3.7x our depreciated replacement cost of the home ($134,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.
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.