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Cantwell Cliffs Rd

Cantwell Cliffs Rd

Rockbridge, OH 43149

$775,000

3 bd · 3 ba · 2,436 sqft · Listed today

View on Realtor.com →
Low confidence

Year built

2020

Sqft

2,436

Lot sqft

84,506

HOA / mo

$0

Furnished

No

List date

2026-10-12T03:33:41.000000Z

Revenue

Annual revenue

$59,990

ADR

$340

Occupancy

48%

Cleaning fees (12 mo)

$8,119

Confidence

Low (—), 4 comps

Comp revenue range (p25 / median / p75)

$46,386$60,049$69,378

Median revenue of shown comps: $60,049

  • Hocking Hills - Beautiful Cabin in the Woods

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $74,785ADR $361Occ ≈ 57%5★ (257)

    AirbnbVrbo

  • Hocking Hills - Copperhead Cabin

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $67,576ADR $369Occ ≈ 50%5★ (368)

    AirbnbVrbo

  • The Wye Oak- Hocking Hills Scenic Nature Oasis!

    House · 3 bd · 3 ba · sleeps 8 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +2

    Revenue $52,522ADR $358Occ ≈ 40%5★ (143)

    AirbnbVrbo

  • Brookside Cottage In Hocking Hills

    House · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $27,976ADR $227Occ ≈ 34%4.9★ (6)

    Vrbo

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

Financing
Management

Est. revenue

$59,990

NOI

$23,256

Cash flow /mo

$1,938

Cash needed

$831,500

Cash-on-cash (all cash)

2.8%

ROE (yr 1)

5.6%

Cap rate

3.0%

DSCR

—

Year-1 write-off

$165,124

Year-1 tax shield @ 32%

$52,840

Year-1 return on equity

  • Cash flow (annual)$23,256
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$23,250
ROE5.6%

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)$11,998
  • Platform fees (3% of revenue)$1,800
  • Maintenance / capex (5% of revenue)$3,000
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$9,459
  • Insurance (STR-rated)$6,278

Cash needed to close

  • Purchase price (all cash)$775,000
  • Closing costs (4.0%)$31,000
  • Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$52,840

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

$676,000

Short-life (5/15-yr)

$139,000 · 21%

Year-1 deduction

$165,000

Year-1 tax shield @ 32%

$53,000

Land 13% (county tax record, market value split) · building $537,000 over 39 years · new furniture $26,000

Based on: 2,436 sq ft, built 2020, 3 bd / 3 ba, unfurnished, listing features (hot tub, deck, patio, game room, fireplace, stone counters, flooring types, appliance list, septic, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $98,000 in year 1 (11% short-life, $31,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$100,100

  • Kitchen cabinetsdefault

    $11,100 new × 76% good × 1.65 allocation

    $14,000

  • Kitchen countertops (stone)listing

    $11,400 new × 76% good × 1.65 allocation

    $14,300

  • Decorative trimdefault

    $4,300 new × 76% good × 1.65 allocation

    $5,300

  • Mirrorsdefault

    $500 new × 50% good × 1.65 allocation

    $400

  • Shelvingdefault

    $1,200 new × 76% good × 1.65 allocation

    $1,500

  • Window coverings (24)default

    $6,000 new × 40% good × 1.65 allocation

    $4,000

  • Carpet, vinyl & laminate (33% of floors)listing

    $5,200 new × 50% good × 1.65 allocation

    $4,300

  • Kitchen & laundry equipment plumbingdefault

    $8,700 new × 88% good × 1.65 allocation

    $12,600

  • Kitchen, laundry & data equipment electricaldefault

    $5,200 new × 88% good × 1.65 allocation

    $7,600

  • Appliances (range, microwave, dishwasher, refrigerator)listing

    $5,700 new × 50% good × 1.65 allocation

    $4,700

  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 1.65 allocation

    $5,900

  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500

  • Game-room equipment bought newlisting

    $6,000 new × 100% good · bought separately

    $6,000
15-year land improvements$64,400

  • Paving: driveway & walks (paved)default

    $10,200 new × 76% good × 1.65 allocation

    $12,800

  • Landscaping (minimal)listing

    $4,900 new × 76% good × 1.65 allocation

    $6,200

  • Patioslisting

    $11,000 new × 76% good × 1.65 allocation

    $13,800

  • Decks & porches (attached)listing

    $27,400 new × 70% good × 1.65 allocation

    $31,700
Building, 39-year$536,900

  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $264,500 new × 90% good × 1.65 allocation

    $393,000

  • Building plumbing & fixturesdefault

    $27,400 new × 88% good × 1.65 allocation

    $39,900

  • Building electrical & lightingdefault

    $28,200 new × 88% good × 1.65 allocation

    $40,900

  • HVACdefault

    $27,400 new × 70% good × 1.65 allocation

    $31,700

  • Hardwood & tile floorsdefault

    $10,500 new × 76% good × 1.65 allocation

    $13,100

  • Fireplacelisting

    $2,600 new × 76% good × 1.65 allocation

    $3,300

  • Septic systemlisting

    $12,000 new × 76% good × 1.65 allocation

    $15,100

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$100,100$64,400$600$165,100
2$0$0$13,800$13,800
3$0$0$13,800$13,800
4$0$0$13,800$13,800
5$0$0$13,800$13,800
6+$0$0$481,300$481,300
Total$100,100$64,400$536,900$701,500

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

Hocking County STR ordinance pending (annual permit, inspection, $1M liability insurance, driveway standards). Steep/gravel driveways are a cost risk.