unless you are ex-military and strive on self-inflicting pain upon yourself and your wallet.

I hope your figuring around 15% cap ex.

Something like (profits)/(ideal return on investment) ex: 1600/.08=20,000.

Doing the math I figured with a 4 bd home I could rent out each room for about $500, $600 for the master bd, is $2100 gross rent minus the holding costs of utilities, mortgage, cap ex, etc, (1700) = $400 net cash flow (calculating if I didn't live in it, if I did I would be paying out of pocket $100/month to live with 3 other people).  

From my understanding these are SEC rules and what most RE crowdfunding, startup crowdfunding, and third-party verification services (ex: verifyinvestor) all use.

@Julie Belton, the cap ex, repairs and insurance expenses seem too low to me.

My name is Stephanie and I am a 20 yo, ex professional ballerina, currently working on getting my real estate license!

Will the rents you get in cover the mortgage plus expenses (portion set aside for future repairs or cap-ex, maintenance, insurance, taxes) *and* produce cash flow? 

Cap ex and repairs seem low at 10% total...

(Ex: 3 bed 1 bath in your local town, be specific)Have you been running calculators on every property that has potential?