Best cash flow markets in California after insurance

How this ranking works

• Each city is underwritten as one median-priced home at its average rent, with 25% down at PulseReal's default investor rate.
• Insurance is the state average premium adjusted for the city's FEMA National Risk Index score, with a landlord policy uplift.
• Property tax uses the state's effective rate plus 10% for no homestead exemption.
• Cities need recent sales (at least 10 a month) and rent data to be ranked.

Every input and default is documented in the methodology. 248 markets were considered.