19780 Mojo Ln
Redding, CA 96002
$975,000
2 bd · 2 ba · 1,811 sqft · Listed 12d ago
View on Realtor.com →Year built
2018
Sqft
1,811
Lot sqft
2,178,000
HOA / mo
$0
Furnished
No
List date
2026-09-17T21:56:59.000000Z
Revenue
Annual revenue
$40,276
ADR
$201
Occupancy
55%
Cleaning fees (12 mo)
$5,856
Confidence
Low (24.46), 5 comps
Comp revenue range (p25 / median / p75)
Alheri's cozy corner
House · 1 bd · 1 ba · sleeps 2 · 0.8 mi
Revenue $1,742ADR $91Occ ≈ 5%4.7★ (3)
GHouse@ Lilac | Redding (Airport) Her.Hauspitality
House · 3 bd · 2 ba · sleeps 6 · 1.1 mi
Revenue $17,439ADR $140Occ ≈ 34%5★ (2)
Renovated Home - 3Bd/2Ba, Washer & Dryer
House · 3 bd · 2 ba · sleeps 6 · 1.6 mi
Revenue $51,907ADR $196Occ ≈ 73%5★ (178)
Gorgeous Riverside Home Close to Bethel Church
House · 3 bd · 2 ba · sleeps 8 · 1.9 mi
Revenue $40,579ADR $327Occ ≈ 34%4.9★ (97)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Alheri's cozy corner House | 1 bd · 1 ba · sleeps 2 | $1,742 | $91 | 5% | 4.7★ (3) | 0.8 mi | Airbnb |
GHouse@ Lilac | Redding (Airport) Her.Hauspitality House | 3 bd · 2 ba · sleeps 6 | $17,439 | $140 | 34% | 5★ (2) | 1.1 mi | Airbnb |
Renovated Home - 3Bd/2Ba, Washer & Dryer House | 3 bd · 2 ba · sleeps 6 | $51,907 | $196 | 73% | 5★ (178) | 1.6 mi | Airbnb |
Sellers Ranch House : Family Fun House | 3 bd · 2 ba · sleeps 12 | $71,847 | $338 | 58% | 5★ (37) | 1.9 mi | AirbnbVrbo |
Gorgeous Riverside Home Close to Bethel Church House | 3 bd · 2 ba · sleeps 8 | $40,579 | $327 | 34% | 4.9★ (97) | 1.9 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
$40,276
NOI
$8,370
Cash flow /mo
-$4,556
Cash needed
$298,750
Cash-on-cash
-18.3%
ROE (yr 1)
-6.4%
Cap rate
0.9%
DSCR
0.13
Year-1 write-off
$170,374
Year-1 tax shield @ 32%
$54,520
Year-1 return on equity
- Cash flow (annual)-$54,677
- Principal paydown$6,380
- Appreciation at%$29,250
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$8,055
- Platform fees (3% of revenue)$1,208
- Maintenance / capex (5% of revenue)$2,014
- Utilities & supplies$4,200
- HOA$0
- Property tax$12,188
- Insurance (STR-rated)$5,704
Cash needed to close
- Down payment (25%)$243,750
- Closing costs (4.0%)$39,000
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$54,520
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
$732,000
Short-life (5/15-yr)
$153,000 · 21%
Year-1 deduction
$170,000
Year-1 tax shield @ 32%
$55,000
Land 25% (county tax record, assessed value split) · building $579,000 over 39 years · new furniture $16,000
Based on: 1,811 sq ft, built 2018, 2 bd / 2 ba, unfurnished, listing features (covered patio, fence, fireplace, stone counters, flooring types, septic).
IRS-guide safe-harbor floor: $128,000 in year 1 (15% short-life, $41,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $16,400
Kitchen cabinetsdefault
$9,800 new × 68% good × 2.47 allocation
- $16,800
Kitchen countertops (stone)listing
$10,000 new × 68% good × 2.47 allocation
- $5,300
Decorative trimdefault
$3,200 new × 68% good × 2.47 allocation
- $300
Mirrorsdefault
$300 new × 40% good × 2.47 allocation
- $1,500
Shelvingdefault
$900 new × 68% good × 2.47 allocation
- $4,400
Window coverings (18)default
$4,500 new × 40% good × 2.47 allocation
- $15,800
Kitchen & laundry equipment plumbingdefault
$7,600 new × 84% good × 2.47 allocation
- $9,500
Kitchen, laundry & data equipment electricaldefault
$4,600 new × 84% good × 2.47 allocation
- $8,000
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.47 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $18,500
Paving: driveway & walks (paved)default
$11,000 new × 68% good × 2.47 allocation
- $14,200
Landscaping (typical)default
$8,500 new × 68% good × 2.47 allocation
- $25,100
Covered patiolisting
$14,900 new × 68% good × 2.47 allocation
- $5,200
Irrigationlisting
$3,500 new × 60% good × 2.47 allocation
- $2,600
Decks & porches (attached)default
$1,800 new × 60% good × 2.47 allocation
- $8,900
Fencinglisting
$6,000 new × 60% good × 2.47 allocation
- $420,600
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$196,700 new × 87% good × 2.47 allocation
- $42,200
Building plumbing & fixturesdefault
$20,400 new × 84% good × 2.47 allocation
- $41,900
Building electrical & lightingdefault
$20,200 new × 84% good × 2.47 allocation
- $30,200
HVACdefault
$20,400 new × 60% good × 2.47 allocation
- $19,600
Hardwood & tile floorsdefault
$11,700 new × 68% good × 2.47 allocation
- $4,400
Fireplacelisting
$2,600 new × 68% good × 2.47 allocation
- $20,100
Septic systemlisting
$12,000 new × 68% good × 2.47 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $94,000 | $74,500 | $1,900 | $170,400 |
| 2 | $0 | $0 | $14,800 | $14,800 |
| 3 | $0 | $0 | $14,800 | $14,800 |
| 4 | $0 | $0 | $14,800 | $14,800 |
| 5 | $0 | $0 | $14,800 | $14,800 |
| 6+ | $0 | $0 | $517,800 | $517,800 |
| Total | $94,000 | $74,500 | $579,000 | $747,500 |
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 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.