I can't find any cash-flowing properties?
Recently, I started working with an agent to find a rental property in Indianapolis. I keep hearing that it's one of the best markets for cash flow, and yet, I can't seem to find a property where the numbers work. I'm looking for single-family homes with 3+ bedrooms in good areas (good schools and low crime rates) and my ideal price range is $100,000 to $150,000. I looked at a few properties and the rent seems to be around 0.8% of the purchase price, at least according to Zillow. I ran some analyses with the Biggerpockets rental calculator, and pretty much any property ends up having minimal or negative cash flow.
Is there anything that I'm doing wrong? (I am new to real estate and this is my first time trying to buy a rental property.)