1209 Green Bay St

Onalaska, WI 54650

$314,900

3 bd · 2 ba · 1,386 sqft · Listed 1d ago

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Low confidence

Year built

1970

Sqft

1,386

Lot sqft

7,405

HOA / mo

None

Furnished

List date

2026-10-30T15:19:27.000000Z

Revenue

Annual revenue

$32,740

ADR

$180

Occupancy

50%

Cleaning fees (12 mo)

$4,817

Confidence

Low (39.95), 6 comps

Comp revenue range (p25 / median / p75)

$16,398$25,661$34,175

Median revenue of shown comps: $27,613

Driftless Escape A-Frame Cabin
Cabin · 3 bd · 1.5 ba · sleeps 6 · 0.9 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $3,184ADR $294Occ ≈ 3%5★ (2)
Airbnb
Aspen Valley Retreat • Spacious Family Home
House · 3 bd · 3 ba · sleeps 7 · 1.2 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +2
Revenue $36,362ADR $278Occ ≈ 36%4.3★ (24)
Airbnb Vrbo
3 bedroom, 2 bath Townhouse with private driveway.
Townhouse · 3 bd · 2 ba · sleeps 6 · 1.7 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $44,558ADR $201Occ ≈ 61%5★ (98)
Airbnb Vrbo
Charming and comfy: 3BR home on quiet street
House · 3 bd · 2 ba · sleeps 7 · 1.8 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $23,708ADR $175Occ ≈ 37%5★ (43)
Airbnb
The Drift Inn, Old charm, Quiet, Fenced backyard
House · 3 bd · 1 ba · sleeps 6 · 1.9 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +2
Revenue $27,613ADR $130Occ ≈ 58%4.6★ (37)
Airbnb Vrbo Booking

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Driftless Escape A-Frame Cabin Cabin A/C Free parking Wifi Kitchen +2	3 bd · 1.5 ba · sleeps 6	$3,184	$294	3%	5★ (2)	0.9 mi	Airbnb
Aspen Valley Retreat • Spacious Family Home House A/C Free parking Pets OK Wifi +2	3 bd · 3 ba · sleeps 7	$36,362	$278	36%	4.3★ (24)	1.2 mi	Airbnb Vrbo
3 bedroom, 2 bath Townhouse with private driveway. Townhouse A/C Free parking Wifi Kitchen +2	3 bd · 2 ba · sleeps 6	$44,558	$201	61%	5★ (98)	1.7 mi	Airbnb Vrbo
Charming and comfy: 3BR home on quiet street House A/C Free parking Wifi Kitchen +2	3 bd · 2 ba · sleeps 7	$23,708	$175	37%	5★ (43)	1.8 mi	Airbnb
The Drift Inn, Old charm, Quiet, Fenced backyard House A/C Free parking Pets OK Wifi +2	3 bd · 1 ba · sleeps 6	$27,613	$130	58%	4.6★ (37)	1.9 mi	Airbnb Vrbo Booking

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

Purchase priceAlready furnishedTax bracketCount tax savings in returnsOnly if you can use the losses (STR loophole)

Est. revenue

$32,740

NOI

$13,948

Cash flow /mo

$1,162

Cash needed

$346,996

Cash-on-cash (all cash)

4.0%

ROE (yr 1)

6.7%

Cap rate

4.4%

DSCR

—

Year-1 write-off

$91,634

Year-1 tax shield @ 32%

$29,323

Year-1 return on equity

Cash flow (annual)$13,948
Principal paydown (n/a, cash)$0
Appreciation at%$9,447

ROE6.7%

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)$6,548
Platform fees (3% of revenue)$982
Maintenance / capex (5% of revenue)$1,637
Utilities & supplies$4,200
HOA$0
Property tax$3,866
Insurance (STR-rated)$1,559

Cash needed to close

Purchase price (all cash)$314,900
Closing costs (4.0%)$12,596
Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

Tax shield @ 32%$29,323

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

$260,000

Short-life (5/15-yr)

$72,000 · 28%

Year-1 deduction

$92,000

Year-1 tax shield @ 32%

$29,000

Land 17% (county tax record, assessed value split) · building $189,000 over 39 years · new furniture $20,000

Based on: 1,386 sq ft, built 1970, 3 bd / 2 ba, unfurnished, listing features (patio, fence, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $72,000 in year 1 (20% short-life, $23,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$58,400

Kitchen cabinetsdefault
$8,800 new × 40% good × 2.30 allocation
$8,100
Kitchen countertopsdefault
$7,200 new × 40% good × 2.30 allocation
$6,700
Decorative trimdefault
$2,400 new × 40% good × 2.30 allocation
$2,200
Mirrorsdefault
$300 new × 40% good × 2.30 allocation
$300
Shelvingdefault
$1,200 new × 40% good × 2.30 allocation
$1,100
Window coverings (14)default
$3,500 new × 40% good × 2.30 allocation
$3,200
Kitchen & laundry equipment plumbingdefault
$6,900 new × 40% good × 2.30 allocation
$6,300
Kitchen, laundry & data equipment electricaldefault
$4,200 new × 40% good × 2.30 allocation
$3,800
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 2.30 allocation
$7,100
Furniture bought newlisting
$19,500 new × 100% good · bought separately
$19,500

15-year land improvements$33,100

Paving: driveway & walks (paved)listing
$7,700 new × 50% good × 2.30 allocation
$8,900
Landscaping (typical)default
$7,400 new × 50% good × 2.30 allocation
$8,500
Patioslisting
$6,200 new × 50% good × 2.30 allocation
$7,200
Decks & porches (attached)default
$1,400 new × 50% good × 2.30 allocation
$1,600
Fencinglisting
$6,000 new × 50% good × 2.30 allocation
$6,900

Building, 39-year$188,500

Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$149,900 new × 40% good × 2.30 allocation
$138,000
Building plumbing & fixturesdefault
$15,600 new × 40% good × 2.30 allocation
$14,300
Building electrical & lightingdefault
$14,800 new × 40% good × 2.30 allocation
$13,700
HVACdefault
$15,600 new × 40% good × 2.30 allocation
$14,400
Hardwood & tile floorsdefault
$8,900 new × 40% good × 2.30 allocation
$8,200

About the property

Sold furnishedGame roomHot tubPoolDeckDrivewayLandscapingFencedIrrigationLong-term rental (27.5-yr)Carpet / vinyl / laminate %Placed in serviceClosing costs $ (adds to basis)Land %Bonus depreciation %

Depreciation schedule: typical cost seg study

Year	5-yr	15-yr	Building	Total
1	$58,400	$33,100	$200	$91,600
2	$0	$0	$4,800	$4,800
3	$0	$0	$4,800	$4,800
4	$0	$0	$4,800	$4,800
5	$0	$0	$4,800	$4,800
6+	$0	$0	$169,000	$169,000
Total	$58,400	$33,100	$188,500	$280,000

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

Rules differ by jurisdiction. The City of La Crosse requires a short-term rental license ($100 a year) once you rent more than 10 nights a year, plus a Wisconsin tourist rooming house license and inspection from the La Crosse County Health Department. We found no owner-occupancy rule or night cap in the city, but the license does NOT transfer to a new owner. Onalaska allows rentals with a city permit in some zoning districts, and unincorporated towns follow La Crosse County zoning, which has its own permit and day limits. Wisconsin law lets local governments restrict stays under 7 nights. Verify parcel eligibility with the city or county before you buy.