I believe I'm running my numbers correctly, but would love some input.Purchase price: $99,000.00ARV: $150,000.00Improvements: $2,000.00 (home is rent ready, but needs fridge, dishwasher, and a cleaning)Closing cost: $5,000.00Mortgage: $531.00Property tax: $320Insurance: $85Vacancy: 5%Maintenance & repairs: 5%Cap ex: 5% (I'd generally do 10%, but this is a townhome)PM: 0%HOA: $300Potential rent: $1500-$1600Potential monthly cash flow: $40Cash-on-cash return: 9.5%Total Equity: $50,000.00Here's the deal.

It Will take you a 100 months to get your 120k back with just one property, more properties a fast return. 

I have been doing multiple 4-Square Analysis every week and the returns just don't seem to be worth the investment. 

That’s a 9% return for the year.

At 80% LTV it can take a substantial bite out of your returns.

This could be the same firm that prepares your tax return each year.

By limiting returns on new projects, builders will look elsewhere to make their profits.Just take a look at this chart below showing what happened to the construction of new rental units in Ontario after 1975 when rent control was implemented:The same thing would happen here in Sacramento (and the rest of California).

***You should also consider areas just outside of it too, like Casa Grande for example.You can help us help you by telling us a little more about yourself, your experience level, and what type of real estate investing you're looking to do (fix and flip, buy and hold, etc.)Plus, if you tell us what kind of property you're looking for or what returns you're hoping to get with your strategy, we'll better be able to point you in the right direction.

***You should also consider areas just outside of it too, like Casa Grande for example.You can help us help you by telling us a little more about yourself, your experience level, and what type of real estate investing you're looking to do (fix and flip, buy and hold, etc.)Plus, if you tell us what kind of property you're looking for or what returns you're hoping to get with your strategy, we'll better be able to point you in the right direction.

***You should also consider areas just outside of it too, like Casa Grande for example.You can help us help you by telling us a little more about yourself, your experience level, and what type of real estate investing you're looking to do (fix and flip, buy and hold, etc.)Plus, if you tell us what kind of property you're looking for or what returns you're hoping to get with your strategy, we'll better be able to point you in the right direction.