2502 Tish Tang Way
Redding, CA 96002
$511,990
4 bd · 2 ba · 1,825 sqft · Listed 15d ago
View on Realtor.com →Year built
2026
Sqft
1,825
Lot sqft
7,405
HOA / mo
$0
Furnished
No
List date
2026-09-14T19:25:06.000000Z
Revenue
Annual revenue
$60,072
ADR
$277
Occupancy
59%
Cleaning fees (12 mo)
$9,000
Confidence
Low (29.87), 11 comps
Comp revenue range (p25 / median / p75)
GHouse@ Lilac | Redding (Airport) Her.Hauspitality
House · 3 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $17,439ADR $140Occ ≈ 34%5★ (2)
Redding retreat for Large Family / Entire house
House · 4 bd · 2 ba · sleeps 8 · 0.6 mi
Revenue $37,370ADR $227Occ ≈ 45%5★ (121)
Renovated Home - 3Bd/2Ba, Washer & Dryer
House · 3 bd · 2 ba · sleeps 6 · 1.2 mi
Revenue $51,907ADR $196Occ ≈ 73%5★ (178)
LUXE Modern getaway retreat
House · 3 bd · 1.5 ba · sleeps 6 · 1.7 mi
Revenue $13,556ADR $154Occ ≈ 24%4.8★ (7)
Sweet Escape. Cozy, central, fireplace & Netflix.
House · 3 bd · 2 ba · sleeps 8 · 1.9 mi
Revenue $46,864ADR $162Occ ≈ 79%4.8★ (394)
Calm, Cozy & Clean (5 beds + pooltable & foosball)
House · 3 bd · 1.5 ba · sleeps 7 · 2.1 mi
Revenue $36,486ADR $198Occ ≈ 50%5★ (199)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
GHouse@ Lilac | Redding (Airport) Her.Hauspitality House | 3 bd · 2 ba · sleeps 6 | $17,439 | $140 | 34% | 5★ (2) | 0.3 mi | Airbnb |
Redding retreat for Large Family / Entire house House | 4 bd · 2 ba · sleeps 8 | $37,370 | $227 | 45% | 5★ (121) | 0.6 mi | Airbnb |
Renovated Home - 3Bd/2Ba, Washer & Dryer House | 3 bd · 2 ba · sleeps 6 | $51,907 | $196 | 73% | 5★ (178) | 1.2 mi | Airbnb |
Evergreen Retreat | Spacious + family friendly House | 5 bd · 2.5 ba · sleeps 12 | $79,913 | $540 | 41% | 4.8★ (30) | 1.2 mi | AirbnbVrbo |
LUXE Modern getaway retreat House | 3 bd · 1.5 ba · sleeps 6 | $13,556 | $154 | 24% | 4.8★ (7) | 1.7 mi | Airbnb |
Sweet Escape. Cozy, central, fireplace & Netflix. House | 3 bd · 2 ba · sleeps 8 | $46,864 | $162 | 79% | 4.8★ (394) | 1.9 mi | Airbnb |
*Oasis Place* game room • heated pool • hot tub House | 5 bd · 3 ba · sleeps 12 | $128,642 | $592 | 60% | 4.9★ (256) | 2.0 mi | AirbnbVrbo |
Newly Remodeled Charming home! House | 3 bd · 1 ba · sleeps 5 | $33,104 | $186 | 49% | 4.8★ (30) | 2.0 mi | AirbnbVrbo |
Calm, Cozy & Clean (5 beds + pooltable & foosball) House | 3 bd · 1.5 ba · sleeps 7 | $36,486 | $198 | 50% | 5★ (199) | 2.1 mi | Airbnb |
The W Resort Outdoor Kitchen Pool Hot Tub Oasis House | 4 bd · 2.5 ba · sleeps 10 | $140,115 | $610 | 63% | 4.8★ (37) | 2.1 mi | AirbnbVrbo |
Show all 11 comps
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
$60,072
NOI
$30,425
Cash flow /mo
-$224
Cash needed
$171,477
Cash-on-cash
-1.6%
ROE (yr 1)
9.3%
Cap rate
5.9%
DSCR
0.92
Year-1 write-off
$128,155
Year-1 tax shield @ 32%
$41,010
Year-1 return on equity
- Cash flow (annual)-$2,682
- Principal paydown$3,350
- Appreciation at%$15,360
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$12,014
- Platform fees (3% of revenue)$1,802
- Maintenance / capex (5% of revenue)$3,004
- Utilities & supplies$4,200
- HOA$0
- Property tax$6,400
- Insurance (STR-rated)$2,995
Cash needed to close
- Down payment (25%)$127,998
- Closing costs (4.0%)$20,480
- Furnishing (bought new)$23,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$41,010
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
$410,000
Short-life (5/15-yr)
$104,000 · 25%
Year-1 deduction
$128,000
Year-1 tax shield @ 32%
$41,000
Land 20% (market default, no usable tax-record split) · building $305,000 over 39 years · new furniture $23,000
Based on: 1,825 sq ft, built 2026, 4 bd / 2 ba, unfurnished, listing features (fence, stone counters, flooring types).
IRS-guide safe-harbor floor: $97,000 in year 1 (18% short-life, $31,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,600
Kitchen cabinetsdefault
$9,800 new × 100% good × 1.18 allocation
- $11,800
Kitchen countertops (stone)listing
$10,000 new × 100% good × 1.18 allocation
- $3,800
Decorative trimdefault
$3,200 new × 100% good × 1.18 allocation
- $400
Mirrorsdefault
$300 new × 100% good × 1.18 allocation
- $1,800
Shelvingdefault
$1,500 new × 100% good × 1.18 allocation
- $5,300
Window coverings (18)default
$4,500 new × 100% good × 1.18 allocation
- $13,800
Carpet, vinyl & laminate (100% of floors)listing
$11,700 new × 100% good × 1.18 allocation
- $9,000
Kitchen & laundry equipment plumbingdefault
$7,600 new × 100% good × 1.18 allocation
- $5,400
Kitchen, laundry & data equipment electricaldefault
$4,600 new × 100% good × 1.18 allocation
- $9,500
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 100% good × 1.18 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $10,400
Paving: driveway & walks (paved)default
$8,900 new × 100% good × 1.18 allocation
- $10,000
Landscaping (typical)default
$8,500 new × 100% good × 1.18 allocation
- $2,100
Patiosdefault
$1,800 new × 100% good × 1.18 allocation
- $2,100
Decks & porches (attached)default
$1,800 new × 100% good × 1.18 allocation
- $7,100
Fencinglisting
$6,000 new × 100% good × 1.18 allocation
- $232,900
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$197,600 new × 100% good × 1.18 allocation
- $24,200
Building plumbing & fixturesdefault
$20,500 new × 100% good × 1.18 allocation
- $24,100
Building electrical & lightingdefault
$20,400 new × 100% good × 1.18 allocation
- $24,200
HVACdefault
$20,600 new × 100% good × 1.18 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $95,400 | $31,800 | $1,000 | $128,200 |
| 2 | $0 | $0 | $7,800 | $7,800 |
| 3 | $0 | $0 | $7,800 | $7,800 |
| 4 | $0 | $0 | $7,800 | $7,800 |
| 5 | $0 | $0 | $7,800 | $7,800 |
| 6+ | $0 | $0 | $273,100 | $273,100 |
| Total | $95,400 | $31,800 | $305,400 | $432,600 |
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.