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16716 Skinner Rd

16716 Skinner Rd

Logan, OH 43138

$1,100,000

3 bd · 2 ba · 2,048 sqft · Listed 1d ago

View on Realtor.com →
Low confidence

Year built

2016

Sqft

2,048

Lot sqft

348,480

HOA / mo

$0

Furnished

No

List date

2026-10-13T16:52:14.000000Z

Revenue

Annual revenue

$72,451

ADR

$466

Occupancy

43%

Cleaning fees (12 mo)

$6,944

Confidence

Low (31.22), 6 comps

Comp revenue range (p25 / median / p75)

$25,964$60,247$102,634

Few similar-size comps were found, so all comps are shown.

Median revenue of shown comps: $60,247

  • Hillside Hideaway | Hocking Hills, EV Charger

    Cabin · 4 bd · 3.5 ba · sleeps 12 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $120,127ADR $588Occ ≈ 56%4.9★ (112)

    AirbnbVrbo

  • Cozy Treehouse Cabins - The Treehouse

    Cabin · 2 bd · 1 ba · sleeps 7 · 0.4 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen

    Revenue $20,495ADR $317Occ ≈ 18%4.8★ (44)

    AirbnbVrbo

  • Wow! Timber Ranch Lodge, 43 acres, Sleeps 12, Family and Pet Friendly!

    House · 3 bd · 3.5 ba · sleeps 12 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $107,474ADR $589Occ ≈ 50%4.9★ (45)

    Vrbo

  • New build cabin Hocking Hills | Hot tub| Sleeps 10

    Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $23,824ADR $530Occ ≈ 12%5★ (17)

    AirbnbVrbo

  • Forest Hill in Hocking Hills

    Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.7 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $88,112ADR $585Occ ≈ 41%5★ (117)

    AirbnbVrbo

  • Calico Ridge Log Cabin in Hocking Hills

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.7 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $32,382ADR $196Occ ≈ 45%5★ (201)

    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

Financing
Management

Est. revenue

$72,451

NOI

$34,025

Cash flow /mo

$2,835

Cash needed

$1,163,500

Cash-on-cash (all cash)

2.9%

ROE (yr 1)

5.8%

Cap rate

3.1%

DSCR

—

Year-1 write-off

$175,669

Year-1 tax shield @ 32%

$56,214

Year-1 return on equity

  • Cash flow (annual)$34,025
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$33,000
ROE5.8%

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)$14,490
  • Platform fees (3% of revenue)$2,174
  • Maintenance / capex (5% of revenue)$3,623
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$5,030
  • Insurance (STR-rated)$8,910

Cash needed to close

  • Purchase price (all cash)$1,100,000
  • Closing costs (4.0%)$44,000
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$56,214

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

$773,000

Short-life (5/15-yr)

$156,000 · 20%

Year-1 deduction

$176,000

Year-1 tax shield @ 32%

$56,000

Land 30% (county tax record, market value split) · building $617,000 over 39 years · new furniture $20,000

Based on: 2,048 sq ft, built 2016, 3 bd / 2 ba, unfurnished, listing features (hot tub, pool, deck, flooring types, appliance list, septic, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $110,000 in year 1 (12% short-life, $35,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$114,900

  • Kitchen cabinetsdefault

    $10,300 new × 60% good × 2.56 allocation

    $15,800

  • Kitchen countertopsdefault

    $8,400 new × 60% good × 2.56 allocation

    $12,900

  • Decorative trimdefault

    $3,600 new × 60% good × 2.56 allocation

    $5,500

  • Mirrorsdefault

    $300 new × 40% good × 2.56 allocation

    $300

  • Shelvingdefault

    $1,200 new × 60% good × 2.56 allocation

    $1,800

  • Window coverings (20)default

    $5,000 new × 40% good × 2.56 allocation

    $5,100

  • Carpet, vinyl & laminate (100% of floors)listing

    $13,200 new × 40% good × 2.56 allocation

    $13,500

  • Kitchen & laundry equipment plumbingdefault

    $8,000 new × 80% good × 2.56 allocation

    $16,400

  • Kitchen, laundry & data equipment electricaldefault

    $4,800 new × 80% good × 2.56 allocation

    $9,900

  • Appliances (range, microwave, refrigerator)listing

    $4,700 new × 40% good × 2.56 allocation

    $4,800

  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.56 allocation

    $9,200

  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
15-year land improvements$60,100

  • Paving: driveway & walks (paved)default

    $9,400 new × 60% good × 2.56 allocation

    $14,400

  • Landscaping (minimal)listing

    $4,500 new × 60% good × 2.56 allocation

    $6,900

  • Patiosdefault

    $2,000 new × 60% good × 2.56 allocation

    $3,100

  • Decks & porches (attached)listing

    $23,000 new × 50% good × 2.56 allocation

    $29,500

  • Pool (above-ground)listing

    $6,000 new × 40% good × 2.56 allocation

    $6,100
Building, 39-year$617,300

  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $222,300 new × 83% good × 2.56 allocation

    $474,400

  • Building plumbing & fixturesdefault

    $23,100 new × 80% good × 2.56 allocation

    $47,200

  • Building electrical & lightingdefault

    $23,200 new × 80% good × 2.56 allocation

    $47,600

  • HVACdefault

    $23,100 new × 50% good × 2.56 allocation

    $29,500

  • Septic systemlisting

    $12,000 new × 60% good × 2.56 allocation

    $18,400

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$114,900$60,100$700$175,700
2$0$0$15,800$15,800
3$0$0$15,800$15,800
4$0$0$15,800$15,800
5$0$0$15,800$15,800
6+$0$0$553,300$553,300
Total$114,900$60,100$617,300$792,300

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.