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2603 Crimson Ct

2603 Crimson Ct

Redding, CA 96002

$511,800

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

View on Realtor.com →
Low confidenceEst. land %

Year built

2026

Sqft

1,800

Lot sqft

10,890

HOA / mo

$0

Furnished

No

List date

2026-10-23T23:41:31.000000Z

Revenue

Annual revenue

$70,426

ADR

$319

Occupancy

60%

Cleaning fees (12 mo)

$13,149

Confidence

Low (43.43), 6 comps

Comp revenue range (p25 / median / p75)

$41,003$71,665$104,394

Few similar-size comps were found, so all comps are shown.

Median revenue of shown comps: $71,665

  • Redding retreat for Large Family / Entire house

    House · 4 bd · 2 ba · sleeps 8 · 0.6 mi

    • A/C
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $37,145ADR $227Occ ≈ 45%5★ (123)

    Airbnb

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

    House · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +1

    Revenue $21,909ADR $142Occ ≈ 42%5★ (2)

    Airbnb

  • La Rinconada Place

    Vacation home · 4 bd · 4 ba · sleeps 8 · 1.3 mi

    Revenue $122,455ADR $521Occ ≈ 64%5★ (3)

    Booking

  • Pool | HT | Sauna | Gym | Central | Luxe Linens

    House · 4 bd · 3.5 ba · sleeps 8 · 1.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $108,941ADR $491Occ ≈ 61%5★ (52)

    AirbnbVrbo

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

    House · 3 bd · 2 ba · sleeps 6 · 1.5 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $52,578ADR $197Occ ≈ 73%5★ (183)

    Airbnb

  • Evergreen Retreat | Spacious + family friendly

    House · 5 bd · 2.5 ba · sleeps 12 · 1.6 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $90,751ADR $552Occ ≈ 45%4.8★ (34)

    AirbnbVrbo

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
Management

Est. revenue

$70,426

NOI

$37,883

Cash flow /mo

$3,157

Cash needed

$555,272

Cash-on-cash (all cash)

6.8%

ROE (yr 1)

9.6%

Cap rate

7.4%

DSCR

—

Year-1 write-off

$123,880

Year-1 tax shield @ 32%

$39,642

Year-1 return on equity

  • Cash flow (annual)$37,883
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$15,354
ROE9.6%

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)$14,085
  • Platform fees (3% of revenue)$2,113
  • Maintenance / capex (5% of revenue)$3,521
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$6,398
  • Insurance (STR-rated)$2,994

Cash needed to close

  • Purchase price (all cash)$511,800
  • Closing costs (4.0%)$20,472
  • Furnishing (bought new)$23,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$39,642

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

$409,000

Short-life (5/15-yr)

$101,000 · 25%

Year-1 deduction

$124,000

Year-1 tax shield @ 32%

$40,000

Land 20% (market default, no usable tax-record split) · building $309,000 over 39 years · new furniture $23,000

Based on: 1,800 sq ft, built 2026, 4 bd / 2 ba, unfurnished, listing features (fireplace, stone counters, flooring types).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $92,000 in year 1 (17% short-life, $30,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$96,000

  • Kitchen cabinetsdefault

    $9,700 new × 100% good × 1.20 allocation

    $11,700

  • Kitchen countertops (stone)listing

    $10,000 new × 100% good × 1.20 allocation

    $11,900

  • Decorative trimdefault

    $3,200 new × 100% good × 1.20 allocation

    $3,800

  • Mirrorsdefault

    $300 new × 100% good × 1.20 allocation

    $400

  • Shelvingdefault

    $1,500 new × 100% good × 1.20 allocation

    $1,800

  • Window coverings (18)default

    $4,500 new × 100% good × 1.20 allocation

    $5,400

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

    $11,600 new × 100% good × 1.20 allocation

    $13,900

  • Kitchen & laundry equipment plumbingdefault

    $7,600 new × 100% good × 1.20 allocation

    $9,100

  • Kitchen, laundry & data equipment electricaldefault

    $4,600 new × 100% good × 1.20 allocation

    $5,500

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

    $8,100 new × 100% good × 1.20 allocation

    $9,700

  • Furniture bought newlisting

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

    $23,000
15-year land improvements$27,500

  • Paving: driveway & walks (paved)default

    $11,000 new × 100% good × 1.20 allocation

    $13,200

  • Landscaping (typical)default

    $8,500 new × 100% good × 1.20 allocation

    $10,100

  • Patiosdefault

    $1,800 new × 100% good × 1.20 allocation

    $2,100

  • Decks & porches (attached)default

    $1,800 new × 100% good × 1.20 allocation

    $2,100
Building, 39-year$308,900

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

    $194,900 new × 100% good × 1.20 allocation

    $233,200

  • Building plumbing & fixturesdefault

    $20,200 new × 100% good × 1.20 allocation

    $24,200

  • Building electrical & lightingdefault

    $20,100 new × 100% good × 1.20 allocation

    $24,000

  • HVACdefault

    $20,300 new × 100% good × 1.20 allocation

    $24,300

  • Fireplacelisting

    $2,600 new × 100% good × 1.20 allocation

    $3,200

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$96,000$27,500$300$123,900
2$0$0$7,900$7,900
3$0$0$7,900$7,900
4$0$0$7,900$7,900
5$0$0$7,900$7,900
6+$0$0$276,900$276,900
Total$96,000$27,500$308,900$432,400

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.