1043 Lauderdale N
Onalaska, WI 54650
$614,900
3 bd · 2 ba · 1,913 sqft · Listed 13d ago
View on Realtor.com →Year built
1991
Sqft
1,913
Lot sqft
—
HOA / mo
$333
Furnished
No
List date
2026-09-18T12:34:02.000000Z
Revenue
Annual revenue
$42,519
ADR
$170
Occupancy
69%
Cleaning fees (12 mo)
$3,790
Confidence
Low (51.46), 11 comps
Comp revenue range (p25 / median / p75)
Luxury Industrial 1911 George
House · 3 bd · 2 ba · sleeps 10 · 1.4 mi
Revenue $52,840ADR $276Occ ≈ 52%4.8★ (7)
French Island Easy Living!
House · 3 bd · 2 ba · sleeps 7 · 1.6 mi
Revenue $35,580ADR $203Occ ≈ 48%4.9★ (85)
Cozy 3-bedroom home on the river
House · 3 bd · 1 ba · sleeps 7 · 1.7 mi
Revenue $65,162ADR $331Occ ≈ 54%5★ (57)
3-bedroom villa in enchanting La Crosse with river access
House · 3 bd · 1 ba · sleeps 5 · 1.9 mi
Revenue $8,007ADR $168Occ ≈ 13%4.2★ (8)
River Front Property
House · 3 bd · 1 ba · sleeps 6 · 1.9 mi
Revenue $40,782ADR $200Occ ≈ 56%4.9★ (132)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
The Drift Inn, Old charm, Quiet, Fenced backyard House | 3 bd · 1 ba · sleeps 6 | $27,605 | $127 | 60% | 4.6★ (36) | 1.3 mi | AirbnbVrboBooking |
Luxury Industrial 1911 George House | 3 bd · 2 ba · sleeps 10 | $52,840 | $276 | 52% | 4.8★ (7) | 1.4 mi | Airbnb |
Historic Carter House-Rivertown Romance-Licensed! House | 3 bd · 1.5 ba · sleeps 10 | $41,294 | $161 | 70% | 4.9★ (254) | 1.5 mi | AirbnbVrbo |
French Island Easy Living! House | 3 bd · 2 ba · sleeps 7 | $35,580 | $203 | 48% | 4.9★ (85) | 1.6 mi | Airbnb |
River Rambler House | 3 bd · 2 ba · sleeps 7 | $49,955 | $226 | 61% | 4.9★ (208) | 1.6 mi | AirbnbVrbo |
Riverfront Home with Eagle Views House | 3 bd · 2 ba · sleeps 6 | $60,646 | $379 | 44% | 5★ (130) | 1.6 mi | AirbnbVrbo |
Cozy 3-bedroom home on the river House | 3 bd · 1 ba · sleeps 7 | $65,162 | $331 | 54% | 5★ (57) | 1.7 mi | Airbnb |
3-bedroom villa in enchanting La Crosse with river access House | 3 bd · 1 ba · sleeps 5 | $8,007 | $168 | 13% | 4.2★ (8) | 1.9 mi | Vrbo |
Caroline Suite House | 3 bd · 2 ba · sleeps 8 | $68,406 | $269 | 70% | 5★ (63) | 1.9 mi | Airbnb |
River Front Property House | 3 bd · 1 ba · sleeps 6 | $40,782 | $200 | 56% | 4.9★ (132) | 1.9 mi | Vrbo |
Show all 11 comps
Quaint Home w/Water Access to Richmond Bay
House · 3 bd · 1 ba · sleeps 5 · 2.0 mi
Revenue $10,830ADR $148Occ ≈ 20%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Quaint Home w/Water Access to Richmond Bay House | 3 bd · 1 ba · sleeps 5 | $10,830 | $148 | 20% | — | 2.0 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
$42,519
NOI
$13,636
Cash flow /mo
$1,136
Cash needed
$658,996
Cash-on-cash (all cash)
2.1%
ROE (yr 1)
4.9%
Cap rate
2.2%
DSCR
—
Year-1 write-off
$104,198
Year-1 tax shield @ 32%
$33,343
Year-1 return on equity
- Cash flow (annual)$13,636
- Principal paydown (n/a, cash)$0
- Appreciation at%$18,447
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)$8,504
- Platform fees (3% of revenue)$1,276
- Maintenance / capex (5% of revenue)$2,126
- Utilities & supplies$4,200
- HOA$3,996
- Property tax$5,738
- Insurance (STR-rated)$3,044
Cash needed to close
- Purchase price (all cash)$614,900
- Closing costs (4.0%)$24,596
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$33,343
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
$539,000
Short-life (5/15-yr)
$83,000 · 15%
Year-1 deduction
$104,000
Year-1 tax shield @ 32%
$33,000
Land 12% (county tax record, assessed value split) · building $456,000 over 39 years · new furniture $20,000
Based on: 1,913 sq ft, built 1991, 3 bd / 2 ba, unfurnished, listing features (deck, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $68,000 in year 1 (9% short-life, $22,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $15,800
Kitchen cabinetsdefault
$10,000 new × 40% good × 3.96 allocation
- $12,900
Kitchen countertopsdefault
$8,200 new × 40% good × 3.96 allocation
- $5,300
Decorative trimdefault
$3,300 new × 40% good × 3.96 allocation
- $500
Mirrorsdefault
$300 new × 40% good × 3.96 allocation
- $1,900
Shelvingdefault
$1,200 new × 40% good × 3.96 allocation
- $7,500
Window coverings (19)default
$4,800 new × 40% good × 3.96 allocation
- $7,800
Carpet, vinyl & laminate (40% of floors)default
$4,900 new × 40% good × 3.96 allocation
- $12,300
Kitchen & laundry equipment plumbingdefault
$7,800 new × 40% good × 3.96 allocation
- $7,400
Kitchen, laundry & data equipment electricaldefault
$4,700 new × 40% good × 3.96 allocation
- $11,700
Appliances (range, dishwasher, disposal, refrigerator, washer, dryer)listing
$7,400 new × 40% good × 3.96 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $342,300
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$207,500 new × 42% good × 3.96 allocation
- $34,100
Building plumbing & fixturesdefault
$21,500 new × 40% good × 3.96 allocation
- $34,100
Building electrical & lightingdefault
$21,500 new × 40% good × 3.96 allocation
- $34,100
HVACdefault
$21,600 new × 40% good × 3.96 allocation
- $11,700
Hardwood & tile floorsdefault
$7,400 new × 40% good × 3.96 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $102,700 | $0 | $1,500 | $104,200 |
| 2 | $0 | $0 | $11,700 | $11,700 |
| 3 | $0 | $0 | $11,700 | $11,700 |
| 4 | $0 | $0 | $11,700 | $11,700 |
| 5 | $0 | $0 | $11,700 | $11,700 |
| 6+ | $0 | $0 | $408,000 | $408,000 |
| Total | $102,700 | $0 | $456,300 | $559,000 |
The building's share of the price ($539,000) is 4.0x our depreciated replacement cost of the home ($136,000). 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.