2508 Lawn Ln
Redding, CA 96002
$590,000
4 bd · 2 ba · 1,800 sqft · Listed 19d ago
View on Realtor.com →Year built
2026
Sqft
1,800
Lot sqft
17,860
HOA / mo
$0
Furnished
No
List date
2026-09-10T21:45:00.000000Z
Revenue
Annual revenue
$44,212
ADR
$200
Occupancy
61%
Cleaning fees (12 mo)
$7,069
Confidence
Low (40.62), 6 comps
Comp revenue range (p25 / median / p75)
GHouse@ Lilac | Redding (Airport) Her.Hauspitality
House · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $17,439ADR $140Occ ≈ 34%5★ (2)
Redding retreat for Large Family / Entire house
House · 4 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $37,370ADR $227Occ ≈ 45%5★ (121)
Renovated Home - 3Bd/2Ba, Washer & Dryer
House · 3 bd · 2 ba · sleeps 6 · 1.3 mi
Revenue $51,907ADR $196Occ ≈ 73%5★ (178)
LUXE Modern getaway retreat
House · 3 bd · 1.5 ba · sleeps 6 · 1.9 mi
Revenue $13,556ADR $154Occ ≈ 24%4.8★ (7)
Sweet Escape. Cozy, central, fireplace & Netflix.
House · 3 bd · 2 ba · sleeps 8 · 2.1 mi
Revenue $46,864ADR $162Occ ≈ 79%4.8★ (394)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
GHouse@ Lilac | Redding (Airport) Her.Hauspitality House | 3 bd · 2 ba · sleeps 6 | $17,439 | $140 | 34% | 5★ (2) | 0.5 mi | Airbnb |
Redding retreat for Large Family / Entire house House | 4 bd · 2 ba · sleeps 8 | $37,370 | $227 | 45% | 5★ (121) | 0.5 mi | Airbnb |
Renovated Home - 3Bd/2Ba, Washer & Dryer House | 3 bd · 2 ba · sleeps 6 | $51,907 | $196 | 73% | 5★ (178) | 1.3 mi | Airbnb |
Evergreen Retreat | Spacious + family friendly House | 5 bd · 2.5 ba · sleeps 12 | $79,913 | $540 | 41% | 4.8★ (30) | 1.4 mi | AirbnbVrbo |
LUXE Modern getaway retreat House | 3 bd · 1.5 ba · sleeps 6 | $13,556 | $154 | 24% | 4.8★ (7) | 1.9 mi | Airbnb |
Sweet Escape. Cozy, central, fireplace & Netflix. House | 3 bd · 2 ba · sleeps 8 | $46,864 | $162 | 79% | 4.8★ (394) | 2.1 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 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$44,212
NOI
$17,691
Cash flow /mo
-$1,705
Cash needed
$194,100
Cash-on-cash
-10.5%
ROE (yr 1)
0.6%
Cap rate
3.0%
DSCR
0.46
Year-1 write-off
$138,644
Year-1 tax shield @ 32%
$44,366
Year-1 return on equity
- Cash flow (annual)-$20,460
- Principal paydown$3,861
- Appreciation at%$17,700
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$8,842
- Platform fees (3% of revenue)$1,326
- Maintenance / capex (5% of revenue)$2,211
- Utilities & supplies$4,200
- HOA$0
- Property tax$7,375
- Insurance (STR-rated)$3,452
Cash needed to close
- Down payment (25%)$147,500
- Closing costs (4.0%)$23,600
- Furnishing (bought new)$23,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$44,366
No county tax record split for property tax, insurance rate and the land/building split, so those use market defaults — edit the price above; 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
$472,000
Short-life (5/15-yr)
$114,000 · 24%
Year-1 deduction
$139,000
Year-1 tax shield @ 32%
$44,000
Land 20% (market default, no usable tax-record split) · building $358,000 over 39 years · new furniture $23,000
Based on: 1,800 sq ft, built 2026, 4 bd / 2 ba, unfurnished, listing features (stone counters, flooring types).
IRS-guide safe-harbor floor: $102,000 in year 1 (16% short-life, $33,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $13,600
Kitchen cabinetsdefault
$9,700 new × 100% good × 1.40 allocation
- $13,900
Kitchen countertops (stone)listing
$10,000 new × 100% good × 1.40 allocation
- $4,400
Decorative trimdefault
$3,200 new × 100% good × 1.40 allocation
- $400
Mirrorsdefault
$300 new × 100% good × 1.40 allocation
- $2,100
Shelvingdefault
$1,500 new × 100% good × 1.40 allocation
- $6,300
Window coverings (18)default
$4,500 new × 100% good × 1.40 allocation
- $16,200
Carpet, vinyl & laminate (100% of floors)listing
$11,600 new × 100% good × 1.40 allocation
- $10,600
Kitchen & laundry equipment plumbingdefault
$7,600 new × 100% good × 1.40 allocation
- $6,400
Kitchen, laundry & data equipment electricaldefault
$4,600 new × 100% good × 1.40 allocation
- $11,300
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 100% good × 1.40 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $12,300
Paving: driveway & walks (paved)default
$8,800 new × 100% good × 1.40 allocation
- $11,800
Landscaping (typical)default
$8,500 new × 100% good × 1.40 allocation
- $2,500
Patiosdefault
$1,800 new × 100% good × 1.40 allocation
- $2,500
Decks & porches (attached)default
$1,800 new × 100% good × 1.40 allocation
- $272,700
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$194,900 new × 100% good × 1.40 allocation
- $28,300
Building plumbing & fixturesdefault
$20,200 new × 100% good × 1.40 allocation
- $28,100
Building electrical & lightingdefault
$20,100 new × 100% good × 1.40 allocation
- $28,400
HVACdefault
$20,300 new × 100% good × 1.40 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $108,400 | $29,100 | $1,100 | $138,600 |
| 2 | $0 | $0 | $9,200 | $9,200 |
| 3 | $0 | $0 | $9,200 | $9,200 |
| 4 | $0 | $0 | $9,200 | $9,200 |
| 5 | $0 | $0 | $9,200 | $9,200 |
| 6+ | $0 | $0 | $319,700 | $319,700 |
| Total | $108,400 | $29,100 | $357,500 | $495,000 |
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 and Georgia 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.