Year built
1904
Sqft
920
Lot sqft
4,356
HOA / mo
None
Furnished
No
List date
2026-10-27T15:13:05.000000Z
Revenue
Annual revenue
$30,902
ADR
$145
Occupancy
58%
Cleaning fees (12 mo)
$2,661
Confidence
Med (52.97), 10 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $23,951
Modern, Renovated Home in the heart of LAX
House · 2 bd · 1 ba · sleeps 4 · 0.3 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +2
Revenue $24,533ADR $187Occ ≈ 36%5★ (134)
Modern, Newly-Renovated Home in the heart of LAX
Apartment · 2 bd · 1 ba · sleeps 4 · 0.3 mi
Revenue $20,543ADR $180Occ ≈ 31%4.5★ (2)
Historic Downtown Bungalow
House · 2 bd · 1 ba · sleeps 4 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +2
Revenue $42,246ADR $154Occ ≈ 75%5★ (219)
Mid-Town Rest Stop
House · 2 bd · 1 ba · sleeps 4 · 0.6 mi
Revenue $8,620ADR $145Occ ≈ 16%—
Delisted
2 Bedroom apartment attached to Le Chateau
House · 2 bd · 1 ba · sleeps 8 · 0.6 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $17,402ADR $203Occ ≈ 23%4.8★ (50)
Clean 2BR Apt by Mayo, 50-ft Parking
Apartment · 2 bd · 1 ba · sleeps 4 · 0.6 mi
- A/C
- Free parking
- Wifi
- Kitchen
Revenue $38,546ADR $135Occ ≈ 78%5★ (215)
Down town artist suite
House · 2 bd · 1 ba · sleeps 5 · 0.6 mi
- Free parking
- Wifi
- Kitchen
- Washer
- +1
Revenue $23,369ADR $138Occ ≈ 46%5★ (318)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Downtown La Crosse Cottage House
| 2 bd · 1 ba · sleeps 6 | $53,169 | $177 | 82% | 4.3★ (7) | 0.1 mi | AirbnbVrbo |
Modern, Renovated Home in the heart of LAX House
| 2 bd · 1 ba · sleeps 4 | $24,533 | $187 | 36% | 5★ (134) | 0.3 mi | Airbnb |
Modern, Newly-Renovated Home in the heart of LAX Apartment | 2 bd · 1 ba · sleeps 4 | $20,543 | $180 | 31% | 4.5★ (2) | 0.3 mi | Booking |
Jake's Place House
| 2 bd · 1 ba · sleeps 5 | $22,151 | $136 | 45% | 4.8★ (35) | 0.3 mi | AirbnbVrbo |
Historic Downtown Bungalow House
| 2 bd · 1 ba · sleeps 4 | $42,246 | $154 | 75% | 5★ (219) | 0.3 mi | Airbnb |
Riverfront Twin Home House
| 2 bd · 1 ba · sleeps 6 | $29,476 | $181 | 45% | 5★ (139) | 0.6 mi | AirbnbVrbo |
Mid-Town Rest Stop House | 2 bd · 1 ba · sleeps 4 | $8,620 | $145 | 16% | — | 0.6 mi | Delisted |
2 Bedroom apartment attached to Le Chateau House
| 2 bd · 1 ba · sleeps 8 | $17,402 | $203 | 23% | 4.8★ (50) | 0.6 mi | Airbnb |
Clean 2BR Apt by Mayo, 50-ft Parking Apartment
| 2 bd · 1 ba · sleeps 4 | $38,546 | $135 | 78% | 5★ (215) | 0.6 mi | Airbnb |
Down town artist suite House
| 2 bd · 1 ba · sleeps 5 | $23,369 | $138 | 46% | 5★ (318) | 0.6 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
$30,902
NOI
$14,509
Cash flow /mo
$1,209
Cash needed
$182,296
Cash-on-cash (all cash)
8.0%
ROE (yr 1)
10.6%
Cap rate
9.1%
DSCR
—
Year-1 write-off
$56,199
Year-1 tax shield @ 32%
$17,984
Year-1 return on equity
- Cash flow (annual)$14,509
- Principal paydown (n/a, cash)$0
- Appreciation at%$4,797
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)$6,180
- Platform fees (3% of revenue)$927
- Maintenance / capex (5% of revenue)$1,545
- Utilities & supplies$4,200
- HOA$0
- Property tax$2,749
- Insurance (STR-rated)$792
Cash needed to close
- Purchase price (all cash)$159,900
- Closing costs (4.0%)$6,396
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$17,984
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
$136,000
Short-life (5/15-yr)
$40,000 · 30%
Year-1 deduction
$56,000
Year-1 tax shield @ 32%
$18,000
Land 15% (county tax record, assessed value split) · building $96,000 over 39 years · new furniture $16,000
Based on: 920 sq ft, built 1904, 2 bd / 1 ba, unfurnished, listing features (appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $43,000 in year 1 (20% short-life, $14,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $5,600
Kitchen cabinetsdefault
$7,800 new × 40% good × 1.80 allocation
- $4,600
Kitchen countertopsdefault
$6,400 new × 40% good × 1.80 allocation
- $1,200
Decorative trimdefault
$1,600 new × 40% good × 1.80 allocation
- $100
Mirrorsdefault
$200 new × 40% good × 1.80 allocation
- $600
Shelvingdefault
$900 new × 40% good × 1.80 allocation
- $1,600
Window coverings (9)default
$2,300 new × 40% good × 1.80 allocation
- $1,700
Carpet, vinyl & laminate (40% of floors)default
$2,400 new × 40% good × 1.80 allocation
- $4,400
Kitchen & laundry equipment plumbingdefault
$6,100 new × 40% good × 1.80 allocation
- $2,600
Kitchen, laundry & data equipment electricaldefault
$3,700 new × 40% good × 1.80 allocation
- $4,800
Appliances (range, microwave, refrigerator, washer, dryer)listing
$6,700 new × 40% good × 1.80 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $5,700
Paving: driveway & walks (paved)listing
$6,300 new × 50% good × 1.80 allocation
- $5,400
Landscaping (typical)default
$6,000 new × 50% good × 1.80 allocation
- $800
Patiosdefault
$900 new × 50% good × 1.80 allocation
- $800
Decks & porches (attached)default
$900 new × 50% good × 1.80 allocation
- $71,700
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$99,500 new × 40% good × 1.80 allocation
- $7,400
Building plumbing & fixturesdefault
$10,300 new × 40% good × 1.80 allocation
- $6,400
Building electrical & lightingdefault
$8,900 new × 40% good × 1.80 allocation
- $7,500
HVACdefault
$10,400 new × 40% good × 1.80 allocation
- $2,600
Hardwood & tile floorsdefault
$3,600 new × 40% good × 1.80 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $43,300 | $12,700 | $100 | $56,200 |
| 2 | $0 | $0 | $2,500 | $2,500 |
| 3 | $0 | $0 | $2,500 | $2,500 |
| 4 | $0 | $0 | $2,500 | $2,500 |
| 5 | $0 | $0 | $2,500 | $2,500 |
| 6+ | $0 | $0 | $85,700 | $85,700 |
| Total | $43,300 | $12,700 | $95,600 | $151,700 |
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.