1501 Weston St
La Crosse, WI 54601
$274,900
4 bd · 2 ba · 1,839 sqft · Listed 14d ago
View on Realtor.com →Year built
1947
Sqft
1,839
Lot sqft
6,098
HOA / mo
None
Furnished
No
List date
2026-09-17T08:34:00.000000Z
Revenue
Annual revenue
$52,718
ADR
$247
Occupancy
58%
Cleaning fees (12 mo)
$6,956
Confidence
Med (52.91), 7 comps
Comp revenue range (p25 / median / p75)
Cabin-like Home in the Heart of La Crosse.
House · 4 bd · 2 ba · sleeps 8 · 0.9 mi
Revenue $42,138ADR $289Occ ≈ 40%5★ (70)
Beautiful Craftsman Bungalow - Centrally located!
House · 4 bd · 2 ba · sleeps 8 · 0.9 mi
Revenue $45,336ADR $321Occ ≈ 39%4.8★ (218)
The Bluff View Collective Main House + Studio
House · 4 bd · 2.5 ba · sleeps 8 · 1.1 mi
Revenue $26,322ADR $472Occ ≈ 15%5★ (1)
Historic Withee Home / Main Level + Bowling Alley
Apartment · 4 bd · 1.5 ba · sleeps 8 · 1.2 mi
Revenue $95,976ADR $1,074Occ ≈ 24%4.8★ (12)
Bentley-Wheeler B&B - GUEST HOUSE
House · 4 bd · 2 ba · sleeps 8 · 1.3 mi
Revenue $27,364ADR $191Occ ≈ 39%4.8★ (246)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Bright 4BR Retreat | UW-La Crosse House | 4 bd · 2 ba · sleeps 10 | $59,726 | $252 | 65% | 4.8★ (87) | 0.9 mi | AirbnbVrbo |
Cabin-like Home in the Heart of La Crosse. House | 4 bd · 2 ba · sleeps 8 | $42,138 | $289 | 40% | 5★ (70) | 0.9 mi | Airbnb |
Beautiful Craftsman Bungalow - Centrally located! House | 4 bd · 2 ba · sleeps 8 | $45,336 | $321 | 39% | 4.8★ (218) | 0.9 mi | Airbnb |
The Bluff View Collective Main House + Studio House | 4 bd · 2.5 ba · sleeps 8 | $26,322 | $472 | 15% | 5★ (1) | 1.1 mi | Airbnb |
Historic Withee Home / Main Level + Bowling Alley Apartment | 4 bd · 1.5 ba · sleeps 8 | $95,976 | $1,074 | 24% | 4.8★ (12) | 1.2 mi | Airbnb |
Bentley-Wheeler B&B - GUEST HOUSE House | 4 bd · 2 ba · sleeps 8 | $27,364 | $191 | 39% | 4.8★ (246) | 1.3 mi | Airbnb |
✨ Cobblestone Cottage, 4 bedroom,centrally located House | 4 bd · 2.5 ba · sleeps 8 | $42,645 | $381 | 31% | 4.8★ (80) | 1.3 mi | AirbnbVrbo |
Luxury Downtown La Crosse Apartment - Sleeps 8! Apartment | 4 bd · 3 ba · sleeps 10 | $79,892 | $341 | 64% | 4.9★ (176) | 1.7 mi | AirbnbVrboBooking |
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 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$52,718
NOI
$28,784
Cash flow /mo
$917
Cash needed
$102,721
Cash-on-cash
10.7%
ROE (yr 1)
20.5%
Cap rate
10.5%
DSCR
1.62
Year-1 write-off
$73,522
Year-1 tax shield @ 32%
$23,527
Year-1 return on equity
- Cash flow (annual)$11,008
- Principal paydown$1,799
- Appreciation at%$8,247
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)$10,544
- Platform fees (3% of revenue)$1,582
- Maintenance / capex (5% of revenue)$2,636
- Utilities & supplies$4,200
- HOA$0
- Property tax$3,612
- Insurance (STR-rated)$1,361
Cash needed to close
- Down payment (25%)$68,725
- Closing costs (4.0%)$10,996
- Furnishing (bought new)$23,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$23,527
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
$220,000
Short-life (5/15-yr)
$50,000 · 23%
Year-1 deduction
$74,000
Year-1 tax shield @ 32%
$24,000
Land 20% (county tax record, assessed value split) · building $170,000 over 39 years · new furniture $23,000
Based on: 1,839 sq ft, built 1947, 4 bd / 2 ba, unfurnished, listing features (fence, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $58,000 in year 1 (16% short-life, $19,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $6,100
Kitchen cabinetsdefault
$9,800 new × 40% good × 1.56 allocation
- $5,000
Kitchen countertopsdefault
$8,000 new × 40% good × 1.56 allocation
- $2,000
Decorative trimdefault
$3,200 new × 40% good × 1.56 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.56 allocation
- $900
Shelvingdefault
$1,500 new × 40% good × 1.56 allocation
- $2,800
Window coverings (18)default
$4,500 new × 40% good × 1.56 allocation
- $4,800
Kitchen & laundry equipment plumbingdefault
$7,600 new × 40% good × 1.56 allocation
- $2,900
Kitchen, laundry & data equipment electricaldefault
$4,600 new × 40% good × 1.56 allocation
- $4,200
Appliances (range, microwave, refrigerator, washer, dryer)listing
$6,700 new × 40% good × 1.56 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $6,900
Paving: driveway & walks (paved)listing
$8,900 new × 50% good × 1.56 allocation
- $6,700
Landscaping (typical)default
$8,600 new × 50% good × 1.56 allocation
- $1,400
Patiosdefault
$1,800 new × 50% good × 1.56 allocation
- $1,400
Decks & porches (attached)default
$1,800 new × 50% good × 1.56 allocation
- $4,700
Fencinglisting
$6,000 new × 50% good × 1.56 allocation
- $124,100
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$199,100 new × 40% good × 1.56 allocation
- $12,900
Building plumbing & fixturesdefault
$20,700 new × 40% good × 1.56 allocation
- $12,800
Building electrical & lightingdefault
$20,600 new × 40% good × 1.56 allocation
- $12,900
HVACdefault
$20,700 new × 40% good × 1.56 allocation
- $7,400
Hardwood & tile floorsdefault
$11,800 new × 40% good × 1.56 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $51,900 | $21,100 | $500 | $73,500 |
| 2 | $0 | $0 | $4,400 | $4,400 |
| 3 | $0 | $0 | $4,400 | $4,400 |
| 4 | $0 | $0 | $4,400 | $4,400 |
| 5 | $0 | $0 | $4,400 | $4,400 |
| 6+ | $0 | $0 | $152,100 | $152,100 |
| Total | $51,900 | $21,100 | $170,100 | $243,000 |
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.