@Erin NewtonI understand this was a quick calculation but don't forget to account for the other operating expenses, utilities, capital expenditures etc.

My strategy will be to BRRRR, so was just wondering people’s thoughts on utilizing multiple deal finders in the same market?

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 :-)

Its in a B neighborhood  and is a C property (Just for a backdrop)Asking price- $239,900Taxes- $3,085/yearInsurance estimate- $840/year Income-$2,200/month Down payment and rehab -$30,000 all form an equity line btwinterest rate - 6.25% (7 year ARM)Utilities payed by tenet Will be self managed At full ask im looking at a 9.4% Cash on cash return.

If your Modified adjusted gross income is $150k (if married) or lower then you can utilize any rental losses taken (that $1,700 will overall reduce your tax liability) However if your MAGI is over that, the loss will carry forward to next year. 

Since we launched the last year has been solid  - Since we have lived on the property it only would cost us around 50 extra a month for water and utilities from what we were already paying.

Just to recap - for you to be profitable you need to calculate rent minus expenses like repairs, mortgage interest, home owners insurance, real estate taxes, capital expenditures, allowance for vacancy, utilities(if not paid by tenant), travel to and from the property, etc.

I think it's about the most space efficient you can get, plus there are likely energy efficiency benefits(or at least utility cost improvements) compared to your current set up.

If you would like to know more about me, I have created a real estate related Instagram account where I plan on documenting my entire process, and to hopefully bring a little value (either now or in the future) to those in the same position as I am.

I do separate agreements and bundle the utilities wiIh a utility cap for overages.