Provo, UT — Rental Investment Analysis

🔴POORnegative cash flow likely

Cap Rate

1.3%

Below average

Monthly Cash Flow

-$2,273

After all expenses

Price-to-Rent

28.0

Overpriced for rent

DSCR

0.21

Fails

📊 Key Metrics

Median Home Price
$528,408
Average Rent (3BR)
$1,590/mo
Price-to-Rent Ratio
28.0(high)
1% Rule
0.30%(fails — need 1%+)
Cash-on-Cash Return
-22.0%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
3.8%(-0.5% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+4.4% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.57%

of assessed value (UT avg)

Median Income

$79,449

household (UT avg)

Rent-to-Income

24%

Affordable

Section 8 Max Rent

$1,590/mo

3BR voucher payment

🏛️ UT Investor Climate

Landlord Friendly

7/10

State Income Tax

Has state tax

Property Tax

0.57% effective

Population Trend

+4.4% (3yr)

🏘️ Best Zip Codes in Provo for Investors

84606
Cap Rate: 2.2%Cash Flow: -$1,496/mo$431,276
84601
Cap Rate: 1.8%Cash Flow: -$1,716/mo$452,933
84604
Cap Rate: 0.8%Cash Flow: -$2,831/mo$608,618

All Zip Codes in Provo

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
846062.2%-$1,496$431,276$1,720/mo0.35
846011.8%-$1,716$452,933$1,630/mo0.29
846040.8%-$2,831$608,618$1,550/mo0.13
846450.7%-$2,856$603,884$1,480/mo0.11