631 Vilas St
Onalaska, WI 54650
$293,000
3 bd · 1.5 ba · 1,102 sqft · Listed 2d ago
View on Realtor.com →Year built
1977
Sqft
1,102
Lot sqft
10,890
HOA / mo
None
Furnished
No
List date
2026-11-10T20:37:35.000000Z
Revenue
Annual revenue
$23,478
ADR
$130
Occupancy
49%
Cleaning fees (12 mo)
$2,060
Confidence
Low (31.24), 9 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $16,548
Charming and comfy: 3BR home on quiet street
House · 3 bd · 2 ba · sleeps 7 · 0.5 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $23,175ADR $170Occ ≈ 37%5★ (47)
A Spacious Homey Place To Be/ Shared property with Owner .
House · 2 bd · 2 ba · sleeps 4 · 0.8 mi
Revenue $14,658ADR $102Occ ≈ 39%4.5★ (22)
Delisted
Lake Onalaska sunset view!
House · 2 bd · 1 ba · sleeps 4 · 0.9 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $5,634ADR $139Occ ≈ 11%5★ (1)
A Homey Place To Be
House · 2 bd · 2 ba · sleeps 4 · 1.0 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $6,292ADR $114Occ ≈ 15%4.9★ (13)
House on onalaska Wisconsin 4 bedroom 3 Beth
House · 4 bd · 2.5 ba · sleeps 8 · 1.4 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $24,226ADR $143Occ ≈ 46%4.9★ (177)
2 bedrooms and private bathroom second floor
House · 2 bd · 1 ba · sleeps 6 · 1.9 mi
Revenue $16,548ADR $121Occ ≈ 37%4.6★ (10)
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
3 bedroom, 2 bath Townhouse with private driveway. Townhouse
| 3 bd · 2 ba · sleeps 6 | $44,112 | $207 | 58% | 5★ (101) | 0.3 mi | AirbnbVrbo |
Charming and comfy: 3BR home on quiet street House
| 3 bd · 2 ba · sleeps 7 | $23,175 | $170 | 37% | 5★ (47) | 0.5 mi | Airbnb |
Home Sweet Home House
| 3 bd · 2 ba · sleeps 5 | $17,287 | $169 | 28% | 4.6★ (28) | 0.5 mi | AirbnbVrbo |
A Spacious Homey Place To Be/ Shared property with Owner . House | 2 bd · 2 ba · sleeps 4 | $14,658 | $102 | 39% | 4.5★ (22) | 0.8 mi | Delisted |
Lake Onalaska sunset view! House
| 2 bd · 1 ba · sleeps 4 | $5,634 | $139 | 11% | 5★ (1) | 0.9 mi | Airbnb |
A Homey Place To Be House
| 2 bd · 2 ba · sleeps 4 | $6,292 | $114 | 15% | 4.9★ (13) | 1.0 mi | Airbnb |
House on onalaska Wisconsin 4 bedroom 3 Beth House
| 4 bd · 2.5 ba · sleeps 8 | $24,226 | $143 | 46% | 4.9★ (177) | 1.4 mi | Airbnb |
Driftless Escape A-Frame Cabin Cabin
| 3 bd · 1.5 ba · sleeps 6 | $6,766 | $306 | 6% | 5★ (5) | 1.9 mi | AirbnbVrbo |
2 bedrooms and private bathroom second floor House | 2 bd · 1 ba · sleeps 6 | $16,548 | $121 | 37% | 4.6★ (10) | 1.9 mi | Delisted |
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
$23,478
NOI
$7,626
Cash flow /mo
-$966
Cash needed
$110,470
Cash-on-cash
-10.5%
ROE (yr 1)
-0.9%
Cap rate
2.6%
DSCR
0.40
Year-1 write-off
$92,438
Year-1 tax shield @ 32%
$29,580
Year-1 return on equity
- Cash flow (annual)-$11,595
- Principal paydown$1,861
- Appreciation at%$8,790
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)$4,696
- Platform fees (3% of revenue)$704
- Maintenance / capex (5% of revenue)$1,174
- Utilities & supplies$4,200
- HOA$0
- Property tax$3,628
- Insurance (STR-rated)$1,450
Cash needed to close
- Down payment (25%)$73,250
- Closing costs (4.0%)$11,720
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$29,580
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
$219,000
Short-life (5/15-yr)
$67,000 · 30%
Year-1 deduction
$92,000
Year-1 tax shield @ 32%
$30,000
Land 25% (county tax record, assessed value split) · building $152,000 over 39 years · new furniture $26,000
Based on: 1,102 sq ft, built 1977, 3 bd / 1.5 ba, unfurnished, listing features (deck, game room, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $61,000 in year 1 (16% short-life, $19,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $7,700
Kitchen cabinetsdefault
$8,200 new × 40% good × 2.35 allocation
- $6,300
Kitchen countertopsdefault
$6,700 new × 40% good × 2.35 allocation
- $1,800
Decorative trimdefault
$1,900 new × 40% good × 2.35 allocation
- $100
Mirrorsdefault
$200 new × 40% good × 2.35 allocation
- $1,100
Shelvingdefault
$1,200 new × 40% good × 2.35 allocation
- $2,600
Window coverings (11)default
$2,800 new × 40% good × 2.35 allocation
- $6,000
Kitchen & laundry equipment plumbingdefault
$6,400 new × 40% good × 2.35 allocation
- $3,600
Kitchen, laundry & data equipment electricaldefault
$3,900 new × 40% good × 2.35 allocation
- $5,700
Appliances (range, microwave, dishwasher, disposal, refrigerator)listing
$6,100 new × 40% good × 2.35 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
- $8,100
Paving: driveway & walks (paved)listing
$6,900 new × 50% good × 2.35 allocation
- $7,800
Landscaping (typical)default
$6,600 new × 50% good × 2.35 allocation
- $1,300
Patiosdefault
$1,100 new × 50% good × 2.35 allocation
- $14,600
Decks & porches (attached)listing
$12,400 new × 50% good × 2.35 allocation
- $111,900
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$119,100 new × 40% good × 2.35 allocation
- $11,600
Building plumbing & fixturesdefault
$12,300 new × 40% good × 2.35 allocation
- $10,600
Building electrical & lightingdefault
$11,200 new × 40% good × 2.35 allocation
- $11,700
HVACdefault
$12,400 new × 40% good × 2.35 allocation
- $6,700
Hardwood & tile floorsdefault
$7,100 new × 40% good × 2.35 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $60,600 | $31,700 | $200 | $92,400 |
| 2 | $0 | $0 | $3,900 | $3,900 |
| 3 | $0 | $0 | $3,900 | $3,900 |
| 4 | $0 | $0 | $3,900 | $3,900 |
| 5 | $0 | $0 | $3,900 | $3,900 |
| 6+ | $0 | $0 | $136,600 | $136,600 |
| Total | $60,600 | $31,700 | $152,400 | $244,700 |
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
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.