N6587 McCurdy Rd
Onalaska, WI 54636
$699,900
5 bd · 3.5 ba · 3,634 sqft · Listed today
View on Realtor.com →Year built
2004
Sqft
3,634
Lot sqft
306,662
HOA / mo
None
Furnished
No
List date
2026-10-07T06:36:41.000000Z
Revenue
Annual revenue
$44,313
ADR
$269
Occupancy
45%
Cleaning fees (12 mo)
$3,929
Confidence
Low (—), 3 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $46,209
Cozy, country-feel, private, close to everything, for family & friends to gather
House · 6 bd · 2 ba · sleeps 22 · 3.8 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +1
Revenue $50,995ADR $329Occ ≈ 42%4.9★ (109)
House on onalaska Wisconsin 4 bedroom 3 Beth
House · 4 bd · 2.5 ba · sleeps 8 · 4.6 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $24,263ADR $142Occ ≈ 47%4.9★ (168)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Cozy, country-feel, private, close to everything, for family & friends to gather House
| 6 bd · 2 ba · sleeps 22 | $50,995 | $329 | 42% | 4.9★ (109) | 3.8 mi | Vrbo |
House on onalaska Wisconsin 4 bedroom 3 Beth House
| 4 bd · 2.5 ba · sleeps 8 | $24,263 | $142 | 47% | 4.9★ (168) | 4.6 mi | Airbnb |
Backyard Oasis w/ In-Ground Pool, FirePit & Gazebo House
| 5 bd · 3 ba · sleeps 11 | $46,209 | $445 | 28% | 5★ (22) | 4.8 mi | 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
Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium
Est. revenue
$44,313
NOI
$16,951
Cash flow /mo
-$2,450
Cash needed
$229,471
Cash-on-cash
-12.8%
ROE (yr 1)
-1.8%
Cap rate
2.4%
DSCR
0.37
Year-1 write-off
$128,905
Year-1 tax shield @ 32%
$41,250
Year-1 return on equity
- Cash flow (annual)-$29,402
- Principal paydown$4,359
- Appreciation at%$20,997
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)$8,863
- Platform fees (3% of revenue)$1,329
- Maintenance / capex (5% of revenue)$2,216
- Utilities & supplies$4,200
- HOA$0
- Property tax$7,290
- Insurance (STR-rated)$3,465
Cash needed to close
- Down payment (25%)$174,975
- Closing costs (4.0%)$27,996
- Furnishing (bought new)$26,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$41,250
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
$588,000
Short-life (5/15-yr)
$102,000 · 17%
Year-1 deduction
$129,000
Year-1 tax shield @ 32%
$41,000
Land 16% (county tax record, assessed value split) · building $486,000 over 39 years · new furniture $27,000
Based on: 3,634 sq ft, built 2004, 5 bd / 3.5 ba, unfurnished, listing features (deck, patio, fireplace, flooring types, appliance list, septic, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $79,000 in year 1 (9% short-life, $25,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $8,100
Kitchen cabinetsdefault
$13,800 new × 40% good × 1.47 allocation
- $6,600
Kitchen countertopsdefault
$11,300 new × 40% good × 1.47 allocation
- $3,700
Decorative trimdefault
$6,400 new × 40% good × 1.47 allocation
- $300
Mirrorsdefault
$500 new × 40% good × 1.47 allocation
- $1,100
Shelvingdefault
$1,800 new × 40% good × 1.47 allocation
- $5,300
Window coverings (36)default
$9,000 new × 40% good × 1.47 allocation
- $8,800
Kitchen & laundry equipment plumbingdefault
$10,700 new × 56% good × 1.47 allocation
- $5,300
Kitchen, laundry & data equipment electricaldefault
$6,500 new × 56% good × 1.47 allocation
- $4,500
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 1.47 allocation
- $26,500
Furniture bought newlisting
$26,500 new × 100% good · bought separately
- $11,500
Paving: driveway & walks (paved)listing
$15,600 new × 50% good × 1.47 allocation
- $4,400
Landscaping (minimal)listing
$6,000 new × 50% good × 1.47 allocation
- $12,000
Patioslisting
$16,400 new × 50% good × 1.47 allocation
- $30,100
Decks & porches (attached)listing
$40,900 new × 50% good × 1.47 allocation
- $368,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$394,800 new × 63% good × 1.47 allocation
- $33,800
Building plumbing & fixturesdefault
$41,000 new × 56% good × 1.47 allocation
- $35,700
Building electrical & lightingdefault
$43,300 new × 56% good × 1.47 allocation
- $24,100
HVACdefault
$40,900 new × 40% good × 1.47 allocation
- $13,800
Hardwood & tile floorsdefault
$23,400 new × 40% good × 1.47 allocation
- $1,600
Fireplacelisting
$2,600 new × 40% good × 1.47 allocation
- $8,800
Septic systemlisting
$12,000 new × 50% good × 1.47 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $70,300 | $58,100 | $500 | $128,900 |
| 2 | $0 | $0 | $12,500 | $12,500 |
| 3 | $0 | $0 | $12,500 | $12,500 |
| 4 | $0 | $0 | $12,500 | $12,500 |
| 5 | $0 | $0 | $12,500 | $12,500 |
| 6+ | $0 | $0 | $435,700 | $435,700 |
| Total | $70,300 | $58,100 | $486,000 | $614,400 |
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. The City of La Crosse requires a short-term rental license ($100 a year) once you rent more than 10 nights a year, plus a Wisconsin tourist rooming house license and inspection from the La Crosse County Health Department. We found no owner-occupancy rule or night cap in the city, but the license does NOT transfer to a new owner. Onalaska allows rentals with a city permit in some zoning districts, and unincorporated towns follow La Crosse County zoning, which has its own permit and day limits. Wisconsin law lets local governments restrict stays under 7 nights. Verify parcel eligibility with the city or county before you buy.