16743 Skinner Rd
Logan, OH 43138
$775,000
2 bd · 2 ba · 2,080 sqft · Listed 8d ago
View on Realtor.com →Year built
2006
Sqft
2,080
Lot sqft
306,227
HOA / mo
$0
Furnished
No
List date
2026-11-04T22:24:43.000000Z
Revenue
Annual revenue
$60,847
ADR
$292
Occupancy
57%
Cleaning fees (12 mo)
$5,198
Confidence
Med (63.53), 17 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $63,288
Calico Ridge Log Cabin in Hocking Hills
Cabin · 2 bd · 1 ba · sleeps 6 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +4
Revenue $32,382ADR $196Occ ≈ 45%5★ (201)
Briar Vale ~ Fairy tale cottage
Cottage · 2 bd · 1 ba · sleeps 4 · 1.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $111,274ADR $388Occ ≈ 79%5★ (228)
The Wren at Hillside Amble
Cabin · 2 bd · 2 ba · sleeps 4 · 1.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $84,437ADR $359Occ ≈ 64%5★ (294)
Zoerenity Chalets
Cabin · 2 bd · 2 ba · sleeps 8 · 1.8 mi
Revenue $82,243ADR $362Occ ≈ 62%4.8★ (78)
Delisted
Starr & Sky Lodge | Hocking Hills, Hot Tub, Sauna
Cabin · 2 bd · 2 ba · sleeps 8 · 1.9 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $42,140ADR $363Occ ≈ 32%5★ (4)
Lilypad - by The Chalets
Vacation home · 2 bd · 2 ba · sleeps 4 · 1.9 mi
Revenue $84,223ADR $303Occ ≈ 76%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Cozy Treehouse Cabins - The Treehouse Cabin
| 2 bd · 1 ba · sleeps 7 | $20,495 | $317 | 18% | 4.8★ (44) | 0.3 mi | AirbnbVrbo |
Calico Ridge Log Cabin in Hocking Hills Cabin
| 2 bd · 1 ba · sleeps 6 | $32,382 | $196 | 45% | 5★ (201) | 0.5 mi | Airbnb |
Green Heron in Hocking Hills Cabin
| 2 bd · 1 ba · sleeps 4 | $61,937 | $266 | 64% | 5★ (96) | 0.8 mi | AirbnbVrbo |
Goat Run Retreat | Hocking Hills, Hot Tub, Sauna Cabin
| 2 bd · 2.5 ba · sleeps 5 | $72,052 | $364 | 54% | 5★ (34) | 1.2 mi | AirbnbVrbo |
Briar Vale ~ Fairy tale cottage Cottage
| 2 bd · 1 ba · sleeps 4 | $111,274 | $388 | 79% | 5★ (228) | 1.5 mi | Airbnb |
The Wren at Hillside Amble Cabin
| 2 bd · 2 ba · sleeps 4 | $84,437 | $359 | 64% | 5★ (294) | 1.5 mi | Airbnb |
Zoerenity Chalets Cabin | 2 bd · 2 ba · sleeps 8 | $82,243 | $362 | 62% | 4.8★ (78) | 1.8 mi | Delisted |
Starr & Sky Lodge | Hocking Hills, Hot Tub, Sauna Cabin
| 2 bd · 2 ba · sleeps 8 | $81,421 | $355 | 63% | 4.7★ (57) | 1.8 mi | AirbnbVrbo |
Starr & Sky Lodge | Hocking Hills, Hot Tub, Sauna Cabin
| 2 bd · 2 ba · sleeps 8 | $42,140 | $363 | 32% | 5★ (4) | 1.9 mi | Vrbo |
Lilypad - by The Chalets Vacation home | 2 bd · 2 ba · sleeps 4 | $84,223 | $303 | 76% | — | 1.9 mi | Booking |
Show 7 more
Deer Run - by The Chalets
Vacation home · 2 bd · 2 ba · sleeps 4 · 2.0 mi
Revenue $76,436ADR $289Occ ≈ 72%4.5★ (1)
Coyote - by The Chalets
Vacation home · 2 bd · 2 ba · sleeps 4 · 2.0 mi
Revenue $63,288ADR $298Occ ≈ 58%4.5★ (1)
Bird Nest Apt: private lower level apartment
Apartment · 2 bd · 1 ba · sleeps 6 · 2.1 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $30,916ADR $159Occ ≈ 53%5★ (825)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Modern Hocking Hills Home w/ 2 King Beds & Hot Tub Cabin
| 2 bd · 2 ba · sleeps 4 | $62,783 | $281 | 61% | 4.8★ (119) | 1.9 mi | AirbnbVrbo |
Wooded Pet Friendly Cabin w/ Hot Tub & Fire Pit Cabin
| 2 bd · 2 ba · sleeps 4 | $61,398 | $262 | 64% | 4.8★ (151) | 1.9 mi | AirbnbVrboBooking |
Deer Run - by The Chalets Vacation home | 2 bd · 2 ba · sleeps 4 | $76,436 | $289 | 72% | 4.5★ (1) | 2.0 mi | Booking |
Wooded Pet Friendly Cabin w/ Hot Tub & Fire Pit Cabin
| 2 bd · 2 ba · sleeps 4 | $49,014 | $274 | 49% | 4.9★ (121) | 2.0 mi | AirbnbVrboBooking |
Coyote - by The Chalets Vacation home | 2 bd · 2 ba · sleeps 4 | $63,288 | $298 | 58% | 4.5★ (1) | 2.0 mi | Booking |
Frog Hollow | Hot Tub · Dog-Friendly · Fire Pit · Hocking Hills House
| 2 bd · 2 ba · sleeps 4 | $65,635 | $260 | 69% | 4.8★ (20) | 2.1 mi | VrboBooking |
Bird Nest Apt: private lower level apartment Apartment
| 2 bd · 1 ba · sleeps 6 | $30,916 | $159 | 53% | 5★ (825) | 2.1 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
$60,847
NOI
$28,294
Cash flow /mo
-$1,879
Cash needed
$246,750
Cash-on-cash
-9.1%
ROE (yr 1)
2.3%
Cap rate
3.7%
DSCR
0.56
Year-1 write-off
$140,093
Year-1 tax shield @ 32%
$44,830
Year-1 return on equity
- Cash flow (annual)-$22,546
- Principal paydown$4,923
- Appreciation at%$23,250
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)$12,169
- Platform fees (3% of revenue)$1,825
- Maintenance / capex (5% of revenue)$3,042
- Utilities & supplies$4,200
- HOA$0
- Property tax$5,038
- Insurance (STR-rated)$6,278
Cash needed to close
- Down payment (25%)$193,750
- Closing costs (4.0%)$31,000
- Furnishing (bought new)$22,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$44,830
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
$621,000
Short-life (5/15-yr)
$118,000 · 19%
Year-1 deduction
$140,000
Year-1 tax shield @ 32%
$45,000
Land 20% (county tax record, market value split) · building $503,000 over 39 years · new furniture $22,000
Based on: 2,080 sq ft, built 2006, 2 bd / 2 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list, septic, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $87,000 in year 1 (10% short-life, $28,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $10,400
Kitchen cabinetsdefault
$10,400 new × 40% good × 2.52 allocation
- $8,500
Kitchen countertopsdefault
$8,500 new × 40% good × 2.52 allocation
- $3,700
Decorative trimdefault
$3,600 new × 40% good × 2.52 allocation
- $300
Mirrorsdefault
$300 new × 40% good × 2.52 allocation
- $900
Shelvingdefault
$900 new × 40% good × 2.52 allocation
- $5,300
Window coverings (21)default
$5,300 new × 40% good × 2.52 allocation
- $4,500
Carpet, vinyl & laminate (33% of floors)listing
$4,500 new × 40% good × 2.52 allocation
- $12,200
Kitchen & laundry equipment plumbingdefault
$8,100 new × 60% good × 2.52 allocation
- $7,400
Kitchen, laundry & data equipment electricaldefault
$4,900 new × 60% good × 2.52 allocation
- $5,700
Appliances (range, microwave, dishwasher, refrigerator)listing
$5,700 new × 40% good × 2.52 allocation
- $9,100
Hot tub (freestanding)listing
$9,000 new × 40% good × 2.52 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $11,900
Paving: driveway & walks (paved)default
$9,500 new × 50% good × 2.52 allocation
- $5,700
Landscaping (minimal)listing
$4,500 new × 50% good × 2.52 allocation
- $2,600
Patiosdefault
$2,100 new × 50% good × 2.52 allocation
- $29,400
Decks & porches (attached)listing
$23,400 new × 50% good × 2.52 allocation
- $379,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$226,100 new × 67% good × 2.52 allocation
- $35,300
Building plumbing & fixturesdefault
$23,400 new × 60% good × 2.52 allocation
- $35,700
Building electrical & lightingdefault
$23,600 new × 60% good × 2.52 allocation
- $23,600
HVACdefault
$23,400 new × 40% good × 2.52 allocation
- $9,000
Hardwood & tile floorsdefault
$8,900 new × 40% good × 2.52 allocation
- $5,300
Fireplaces (2)listing
$5,300 new × 40% good × 2.52 allocation
- $15,100
Septic systemlisting
$12,000 new × 50% good × 2.52 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $89,900 | $49,600 | $500 | $140,100 |
| 2 | $0 | $0 | $12,900 | $12,900 |
| 3 | $0 | $0 | $12,900 | $12,900 |
| 4 | $0 | $0 | $12,900 | $12,900 |
| 5 | $0 | $0 | $12,900 | $12,900 |
| 6+ | $0 | $0 | $451,000 | $451,000 |
| Total | $89,900 | $49,600 | $503,200 | $642,700 |
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.