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2508 Lawn Ln

2508 Lawn Ln

Redding, CA 96002

$590,000

4 bd · 2 ba · 1,800 sqft · Listed 19d ago

View on Realtor.com →
Low confidenceEst. land %

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)

$22,422$42,117$50,646

  • GHouse@ Lilac | Redding (Airport) Her.Hauspitality

    House · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $17,439ADR $140Occ ≈ 34%5★ (2)

    Airbnb

  • Redding retreat for Large Family / Entire house

    House · 4 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $37,370ADR $227Occ ≈ 45%5★ (121)

    Airbnb

  • Renovated Home - 3Bd/2Ba, Washer & Dryer

    House · 3 bd · 2 ba · sleeps 6 · 1.3 mi

    Revenue $51,907ADR $196Occ ≈ 73%5★ (178)

    Airbnb

  • Evergreen Retreat | Spacious + family friendly

    House · 5 bd · 2.5 ba · sleeps 12 · 1.4 mi

    Revenue $79,913ADR $540Occ ≈ 41%4.8★ (30)

    AirbnbVrbo

  • LUXE Modern getaway retreat

    House · 3 bd · 1.5 ba · sleeps 6 · 1.9 mi

    Revenue $13,556ADR $154Occ ≈ 24%4.8★ (7)

    Airbnb

  • Sweet Escape. Cozy, central, fireplace & Netflix.

    House · 3 bd · 2 ba · sleeps 8 · 2.1 mi

    Revenue $46,864ADR $162Occ ≈ 79%4.8★ (394)

    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

Financing

Est. revenue

$44,212

NOI

$17,691

Cash flow /mo

$1,474

Cash needed

$636,600

Cash-on-cash (all cash)

2.8%

ROE (yr 1)

5.6%

Cap rate

3.0%

DSCR

—

Year-1 write-off

$138,644

Year-1 tax shield @ 32%

$44,366

Year-1 return on equity

  • Cash flow (annual)$17,691
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$17,700
ROE5.6%
ROE incl. year-1 tax savings (32% bracket, STR loophole)12.5%
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

  • Purchase price (all cash)$590,000
  • 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.

5-year property$108,400

  • Kitchen cabinetsdefault

    $9,700 new × 100% good × 1.40 allocation

    $13,600

  • Kitchen countertops (stone)listing

    $10,000 new × 100% good × 1.40 allocation

    $13,900

  • Decorative trimdefault

    $3,200 new × 100% good × 1.40 allocation

    $4,400

  • Mirrorsdefault

    $300 new × 100% good × 1.40 allocation

    $400

  • Shelvingdefault

    $1,500 new × 100% good × 1.40 allocation

    $2,100

  • Window coverings (18)default

    $4,500 new × 100% good × 1.40 allocation

    $6,300

  • Carpet, vinyl & laminate (100% of floors)listing

    $11,600 new × 100% good × 1.40 allocation

    $16,200

  • Kitchen & laundry equipment plumbingdefault

    $7,600 new × 100% good × 1.40 allocation

    $10,600

  • Kitchen, laundry & data equipment electricaldefault

    $4,600 new × 100% good × 1.40 allocation

    $6,400

  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default

    $8,100 new × 100% good × 1.40 allocation

    $11,300

  • Furniture bought newlisting

    $23,000 new × 100% good · bought separately

    $23,000
15-year land improvements$29,100

  • Paving: driveway & walks (paved)default

    $8,800 new × 100% good × 1.40 allocation

    $12,300

  • Landscaping (typical)default

    $8,500 new × 100% good × 1.40 allocation

    $11,800

  • Patiosdefault

    $1,800 new × 100% good × 1.40 allocation

    $2,500

  • Decks & porches (attached)default

    $1,800 new × 100% good × 1.40 allocation

    $2,500
Building, 39-year$357,500

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

    $194,900 new × 100% good × 1.40 allocation

    $272,700

  • Building plumbing & fixturesdefault

    $20,200 new × 100% good × 1.40 allocation

    $28,300

  • Building electrical & lightingdefault

    $20,100 new × 100% good × 1.40 allocation

    $28,100

  • HVACdefault

    $20,300 new × 100% good × 1.40 allocation

    $28,400

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
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.