Do I turn home into rental property

[Todd Moss]

Looking for advisor possibly to work with on my situation. I plan to move to Berkeley from San Francisco and my home has appreciated, probably close to 400k. I can no longer 1031 a residential asset, so I am looking at renting in Berkeley and turning my home into a rental property. I think I can charge close to 5k per month. My numbers show that after loss of mortgage deductions and adding in taxes on the income my NOI will be close to zero. Maybe I missed something, happy to share details if anyone interested. Where I do make out is appreciation if I sell and someone else is paying my mortgage off. If I sell I take a hit because of taxes so long term was thinking figure out a way to either leave as is or find a property to 1031 to that has better upside and cash flow.