Their total fees (origination, appraisal, Phase 1) I believe would be in the $5,000-$7,000 range.

@Mayer M.That's a pretty wide range.

I realize this will be a range as low-priced properties tend to cash flow more.I've heard it ranges from 7%-10%.

Although, I'll probably ask my broker for financials on a property where it is in my buying range.

Not for a 1 BR apartment - those range from $700 to $1,250, but we're talking shared kitchens and baths here. 

Depending on your financing, you should be able to find cashflow.I just sold this home here at the bottom end of your price range, and it would rent for $1,800 to $1,900/mo easily:https://www.redfin.com/CA/Sacramento/3928-23rd-Ave-95820/home/19407351With 25% down and a 5% interest rate, your PITI would be $1,366 which leaves about $500/mo gross cashflow before management, utilities, repairs, etc.Have any other specific questions about the Sacramento market, just ask and we'll try to get you pointed in the right direction :-)

But to give you some range I would say between 550-750 for a place a little farther from town or poorer condition and then 700-800 for a nicer 1 bed in town.

I know my price range and area I want to purchase in.

In my market, tile and nice vinyl plank are more desirable for that price range...Sorry to not answer your question.

They have slightly louder versions that probably fall in your price range.