1351 Lauderdale Pl
Onalaska, WI 54650
$328,000
2 bd · 2 ba · 1,117 sqft · Listed today
View on Realtor.com →Year built
1985
Sqft
1,117
Lot sqft
—
HOA / mo
$200
Furnished
No
List date
2026-10-03T00:07:19.000000Z
Revenue
Annual revenue
$18,491
ADR
$65
Occupancy
78%
Cleaning fees (12 mo)
$883
Confidence
Low (44.09), 10 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $14,886
Travelers home base just off I90
Townhouse · 2 bd · 1 ba · sleeps 4 · 0.8 mi
Revenue $8,697ADR $62Occ ≈ 38%5★ (2)
Blue Way Inn and Suites Lacrosse - 2 Queen Bed Non Smoking
House · 2 bd · 1 ba · sleeps 4 · 1.4 mi
Revenue $15,727ADR $82Occ ≈ 53%2★ (4)
Blue Way Inn La Crosse Extended Stay - 2 Queen Bed Non Smoking
House · 2 bd · 1 ba · sleeps 4 · 1.5 mi
Revenue $14,044ADR $77Occ ≈ 50%2★ (2)
Charming on Charles
House · 2 bd · 1 ba · sleeps 4 · 1.7 mi
Revenue $10,581ADR $884Occ ≈ 3%5★ (3)
2 bedrooms and private bathroom second floor
House · 2 bd · 1 ba · sleeps 6 · 1.8 mi
Revenue $10,336ADR $121Occ ≈ 23%4.6★ (10)
Many amenities in house close to pool and river.
House · 2 bd · 1.5 ba · sleeps 5 · 1.9 mi
Revenue $19,880ADR $103Occ ≈ 53%5★ (17)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Travelers home base just off I90 Townhouse | 2 bd · 1 ba · sleeps 4 | $8,697 | $62 | 38% | 5★ (2) | 0.8 mi | Airbnb |
Travelers home base just off I90 Townhouse | 2 bd · 1 ba · sleeps 4 | $19,255 | $94 | 56% | — | 0.8 mi | AirbnbVrbo |
Nostalgic Retro Cottage-Faye's Place-Fully Fenced House | 2 bd · 1 ba · sleeps 5 | $34,038 | $123 | 76% | 4.9★ (245) | 1.1 mi | AirbnbVrbo |
Blue Way Inn and Suites Lacrosse - 2 Queen Bed Non Smoking House | 2 bd · 1 ba · sleeps 4 | $15,727 | $82 | 53% | 2★ (4) | 1.4 mi | Vrbo |
Blue Way Inn La Crosse Extended Stay - 2 Queen Bed Non Smoking House | 2 bd · 1 ba · sleeps 4 | $14,044 | $77 | 50% | 2★ (2) | 1.5 mi | Vrbo |
Cozy 2 bedroom home-Close to the Mississippi River House | 2 bd · 1 ba · sleeps 5 | $35,134 | $131 | 73% | 5★ (168) | 1.6 mi | AirbnbVrbo |
Charming on Charles House | 2 bd · 1 ba · sleeps 4 | $10,581 | $884 | 3% | 5★ (3) | 1.7 mi | Airbnb |
Beach Bungalow House | 2 bd · 1.5 ba · sleeps 4 | $6,272 | $189 | 9% | 5★ (1) | 1.8 mi | Airbnb |
2 bedrooms and private bathroom second floor House | 2 bd · 1 ba · sleeps 6 | $10,336 | $121 | 23% | 4.6★ (10) | 1.8 mi | Airbnb |
Many amenities in house close to pool and river. House | 2 bd · 1.5 ba · sleeps 5 | $19,880 | $103 | 53% | 5★ (17) | 1.9 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
Est. revenue
$18,491
NOI
$1,409
Cash flow /mo
$117
Cash needed
$363,120
Cash-on-cash (all cash)
0.4%
ROE (yr 1)
3.1%
Cap rate
0.4%
DSCR
—
Year-1 write-off
$78,149
Year-1 tax shield @ 32%
$25,008
Year-1 return on equity
- Cash flow (annual)$1,409
- Principal paydown (n/a, cash)$0
- Appreciation at%$9,840
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)$3,698
- Platform fees (3% of revenue)$555
- Maintenance / capex (5% of revenue)$925
- Utilities & supplies$4,200
- HOA$2,400
- Property tax$3,681
- Insurance (STR-rated)$1,624
Cash needed to close
- Purchase price (all cash)$328,000
- Closing costs (4.0%)$13,120
- Furnishing (bought new)$22,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$25,008
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
$270,000
Short-life (5/15-yr)
$56,000 · 21%
Year-1 deduction
$78,000
Year-1 tax shield @ 32%
$25,000
Land 18% (county tax record, assessed value split) · building $214,000 over 39 years · new furniture $22,000
Based on: 1,117 sq ft, built 1985, 2 bd / 2 ba, unfurnished, listing features (deck, game room, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $54,000 in year 1 (12% short-life, $17,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $10,900
Kitchen cabinetsdefault
$8,200 new × 40% good × 3.31 allocation
- $8,900
Kitchen countertopsdefault
$6,700 new × 40% good × 3.31 allocation
- $2,600
Decorative trimdefault
$2,000 new × 40% good × 3.31 allocation
- $400
Mirrorsdefault
$300 new × 40% good × 3.31 allocation
- $1,200
Shelvingdefault
$900 new × 40% good × 3.31 allocation
- $3,600
Window coverings (11)default
$2,800 new × 40% good × 3.31 allocation
- $3,800
Carpet, vinyl & laminate (40% of floors)default
$2,900 new × 40% good × 3.31 allocation
- $8,500
Kitchen & laundry equipment plumbingdefault
$6,400 new × 40% good × 3.31 allocation
- $5,100
Kitchen, laundry & data equipment electricaldefault
$3,900 new × 40% good × 3.31 allocation
- $10,700
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)listing
$8,100 new × 40% good × 3.31 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
- $160,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$120,800 new × 40% good × 3.31 allocation
- $16,600
Building plumbing & fixturesdefault
$12,500 new × 40% good × 3.31 allocation
- $15,200
Building electrical & lightingdefault
$11,400 new × 40% good × 3.31 allocation
- $16,700
HVACdefault
$12,600 new × 40% good × 3.31 allocation
- $5,700
Hardwood & tile floorsdefault
$4,300 new × 40% good × 3.31 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $77,900 | $0 | $200 | $78,100 |
| 2 | $0 | $0 | $5,500 | $5,500 |
| 3 | $0 | $0 | $5,500 | $5,500 |
| 4 | $0 | $0 | $5,500 | $5,500 |
| 5 | $0 | $0 | $5,500 | $5,500 |
| 6+ | $0 | $0 | $192,200 | $192,200 |
| Total | $77,900 | $0 | $214,400 | $292,300 |
The building's share of the price ($270,000) is 3.3x our depreciated replacement cost of the home ($82,000). 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
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.