19780 Mojo Ln

Redding, CA 96002

$975,000

2 bd · 2 ba · 1,811 sqft · Listed 12d ago

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Low confidence

Year built

2018

Sqft

1,811

Lot sqft

2,178,000

HOA / mo

Furnished

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)

$17,439$40,579$51,907

Alheri's cozy corner
House · 1 bd · 1 ba · sleeps 2 · 0.8 mi
Revenue $1,742ADR $91Occ ≈ 5%4.7★ (3)
Airbnb
GHouse@ Lilac | Redding (Airport) Her.Hauspitality
House · 3 bd · 2 ba · sleeps 6 · 1.1 mi
Revenue $17,439ADR $140Occ ≈ 34%5★ (2)
Airbnb
Renovated Home - 3Bd/2Ba, Washer & Dryer
House · 3 bd · 2 ba · sleeps 6 · 1.6 mi
Revenue $51,907ADR $196Occ ≈ 73%5★ (178)
Airbnb
Sellers Ranch House : Family Fun
House · 3 bd · 2 ba · sleeps 12 · 1.9 mi
Revenue $71,847ADR $338Occ ≈ 58%5★ (37)
Airbnb Vrbo
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)
Airbnb

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	Airbnb Vrbo
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

Financing

Purchase priceAlready furnishedTax bracket

Est. revenue

$40,276

NOI

$8,370

Cash flow /mo

$697

Cash needed

$1,030,000

Cash-on-cash (all cash)

0.8%

ROE (yr 1)

3.7%

Cap rate

0.9%

DSCR

—

Year-1 write-off

$170,374

Year-1 tax shield @ 32%

$54,520

Year-1 return on equity

Cash flow (annual)$8,370
Principal paydown (n/a, cash)$0
Appreciation at%$29,250

ROE3.7%

ROE incl. year-1 tax savings (32% bracket, STR loophole)8.9%

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

Purchase price (all cash)$975,000
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.

5-year property$94,000

Kitchen cabinetsdefault
$9,800 new × 68% good × 2.47 allocation
$16,400
Kitchen countertops (stone)listing
$10,000 new × 68% good × 2.47 allocation
$16,800
Decorative trimdefault
$3,200 new × 68% good × 2.47 allocation
$5,300
Mirrorsdefault
$300 new × 40% good × 2.47 allocation
$300
Shelvingdefault
$900 new × 68% good × 2.47 allocation
$1,500
Window coverings (18)default
$4,500 new × 40% good × 2.47 allocation
$4,400
Kitchen & laundry equipment plumbingdefault
$7,600 new × 84% good × 2.47 allocation
$15,800
Kitchen, laundry & data equipment electricaldefault
$4,600 new × 84% good × 2.47 allocation
$9,500
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.47 allocation
$8,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
$16,000

15-year land improvements$74,500

Paving: driveway & walks (paved)default
$11,000 new × 68% good × 2.47 allocation
$18,500
Landscaping (typical)default
$8,500 new × 68% good × 2.47 allocation
$14,200
Covered patiolisting
$14,900 new × 68% good × 2.47 allocation
$25,100
Irrigationlisting
$3,500 new × 60% good × 2.47 allocation
$5,200
Decks & porches (attached)default
$1,800 new × 60% good × 2.47 allocation
$2,600
Fencinglisting
$6,000 new × 60% good × 2.47 allocation
$8,900

Building, 39-year$579,000

Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$196,700 new × 87% good × 2.47 allocation
$420,600
Building plumbing & fixturesdefault
$20,400 new × 84% good × 2.47 allocation
$42,200
Building electrical & lightingdefault
$20,200 new × 84% good × 2.47 allocation
$41,900
HVACdefault
$20,400 new × 60% good × 2.47 allocation
$30,200
Hardwood & tile floorsdefault
$11,700 new × 68% good × 2.47 allocation
$19,600
Fireplacelisting
$2,600 new × 68% good × 2.47 allocation
$4,400
Septic systemlisting
$12,000 new × 68% good × 2.47 allocation
$20,100

About the property

Sold furnishedGame roomHot tubPoolDeckDrivewayLandscapingFencedIrrigationLong-term rental (27.5-yr)Carpet / vinyl / laminate %Placed in serviceClosing costs $ (adds to basis)Land %Bonus depreciation %

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.