19793 Oak Knoll Dr
Lakehead, CA 96051
$485,000
2 bd · 2 ba · 1,220 sqft · Listed 1d ago
View on Realtor.com →Year built
1969
Sqft
1,220
Lot sqft
6,534
HOA / mo
$0
Furnished
No
List date
2026-10-15T17:48:40.000000Z
Revenue
Annual revenue
$36,725
ADR
$424
Occupancy
24%
Cleaning fees (12 mo)
$5,446
Confidence
High (90.85), 5 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $36,789
Rustic 2-Story Cabin overlooking Shasta Lake #17
Cabin · 2 bd · 1 ba · sleeps 8 · 0.4 mi
Revenue $31,055ADR $314Occ ≈ 27%4.8★ (61)
Hoedown Rustic Cabin Lakeview #8
Cabin · 2 bd · 1 ba · sleeps 8 · 0.5 mi
Revenue $36,965ADR $346Occ ≈ 29%4.8★ (22)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Walk to Lake/Marina, Game Room, 2 Bedrooms, Den House | 2 bd · 2 ba · sleeps 10 | $36,123 | $426 | 23% | 5★ (21) | 236 ft | AirbnbVrbo |
Awesome Large Lakeview Home - Shasta Retreat #18 House | 2 bd · 3 ba · sleeps 12 | $36,789 | $523 | 19% | 4.9★ (15) | 272 ft | AirbnbVrbo |
Beautiful Shasta Lake Home, 12 Guests (6 Adults) House | 2 bd · 3 ba · sleeps 12 | $40,271 | $472 | 23% | 5★ (32) | 338 ft | AirbnbVrbo |
Rustic 2-Story Cabin overlooking Shasta Lake #17 Cabin | 2 bd · 1 ba · sleeps 8 | $31,055 | $314 | 27% | 4.8★ (61) | 0.4 mi | Airbnb |
Hoedown Rustic Cabin Lakeview #8 Cabin | 2 bd · 1 ba · sleeps 8 | $36,965 | $346 | 29% | 4.8★ (22) | 0.5 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
Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 15) + 0.75% investor premium
Est. revenue
$36,725
NOI
$14,070
Cash flow /mo
-$1,535
Cash needed
$156,650
Cash-on-cash
-11.8%
ROE (yr 1)
-0.6%
Cap rate
2.9%
DSCR
0.43
Year-1 write-off
$109,720
Year-1 tax shield @ 32%
$35,110
Year-1 return on equity
- Cash flow (annual)-$18,417
- Principal paydown$2,949
- Appreciation at%$14,550
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)$7,345
- Platform fees (3% of revenue)$1,102
- Maintenance / capex (5% of revenue)$1,836
- Utilities & supplies$4,200
- HOA$0
- Property tax$6,063
- Insurance (STR-rated)$2,837
Cash needed to close
- Down payment (25%)$121,250
- Closing costs (4.0%)$19,400
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$35,110
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
$303,000
Short-life (5/15-yr)
$93,000 · 31%
Year-1 deduction
$110,000
Year-1 tax shield @ 32%
$35,000
Land 38% (county tax record, assessed value split) · building $210,000 over 39 years · new furniture $16,000
Based on: 1,220 sq ft, built 1969, 2 bd / 2 ba, unfurnished, listing features (deck, fireplace, flooring types, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $70,000 in year 1 (18% short-life, $22,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $9,400
Kitchen cabinetsdefault
$8,500 new × 40% good × 2.76 allocation
- $7,700
Kitchen countertopsdefault
$6,900 new × 40% good × 2.76 allocation
- $2,400
Decorative trimdefault
$2,100 new × 40% good × 2.76 allocation
- $300
Mirrorsdefault
$300 new × 40% good × 2.76 allocation
- $1,000
Shelvingdefault
$900 new × 40% good × 2.76 allocation
- $3,300
Window coverings (12)default
$3,000 new × 40% good × 2.76 allocation
- $8,700
Carpet, vinyl & laminate (100% of floors)listing
$7,900 new × 40% good × 2.76 allocation
- $7,300
Kitchen & laundry equipment plumbingdefault
$6,600 new × 40% good × 2.76 allocation
- $4,400
Kitchen, laundry & data equipment electricaldefault
$4,000 new × 40% good × 2.76 allocation
- $8,900
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.76 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $10,000
Paving: driveway & walks (paved)default
$7,200 new × 50% good × 2.76 allocation
- $9,600
Landscaping (typical)default
$7,000 new × 50% good × 2.76 allocation
- $1,700
Patiosdefault
$1,200 new × 50% good × 2.76 allocation
- $18,900
Decks & porches (attached)listing
$13,700 new × 50% good × 2.76 allocation
- $145,800
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$132,100 new × 40% good × 2.76 allocation
- $15,100
Building plumbing & fixturesdefault
$13,700 new × 40% good × 2.76 allocation
- $14,100
Building electrical & lightingdefault
$12,700 new × 40% good × 2.76 allocation
- $15,200
HVACdefault
$13,700 new × 40% good × 2.76 allocation
- $2,900
Fireplacelisting
$2,600 new × 40% good × 2.76 allocation
- $16,600
Septic systemlisting
$12,000 new × 50% good × 2.76 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $69,300 | $40,200 | $200 | $109,700 |
| 2 | $0 | $0 | $5,400 | $5,400 |
| 3 | $0 | $0 | $5,400 | $5,400 |
| 4 | $0 | $0 | $5,400 | $5,400 |
| 5 | $0 | $0 | $5,400 | $5,400 |
| 6+ | $0 | $0 | $187,900 | $187,900 |
| Total | $69,300 | $40,200 | $209,600 | $319,100 |
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. City of Redding caps whole-home vacation rentals at 400 with a 600 ft spacing rule (300 ft with a physical buffer), and its permit is NOT transferable to a new owner. Shasta Lake city and unincorporated Shasta County allow permitted rentals with no cap found, but permits also do not transfer on sale. Lodging tax ~10% plus a 2% tourism assessment in Redding. Verify parcel eligibility with the city or county before you buy.