Owner Reporting in Centerville, Utah

Monthly owner statements are delivered by the 5th of each month, covering the prior month's activity. Statements include all rent collected, maintenance expenses, management fees, and your net owner distribution. Year-to-date totals and variance analysis are included so you can track performance trends. Digital copies are permanently available in your owner portal.

Your year-end package includes 1099-MISC forms for rental income, a complete annual income and expense summary organized by IRS Schedule E line items, documentation for all capital expenditures, and a depreciation schedule. We deliver everything by January 31 so your CPA has plenty of time before the April filing deadline. The package is designed to make tax preparation easier.

Yes. Your owner dashboard shows live data including current rent collection status, outstanding maintenance tickets with costs, lease expiration dates, and vacancy status. You can access the dashboard from any device at any time. We also send automated alerts for important events like late rent payments or maintenance costs exceeding your threshold.

Yes. Each quarter we run a rent comparable analysis for your properties, comparing your current rent to similar properties in the area. The analysis considers property type, size, condition, and location to give you an accurate picture of where your rent sits relative to market. We include a recommendation on whether to adjust rent at lease renewal.

Centerville and Bountiful share I-15 proximity, but Centerville tends to be slightly more affordable and less hilly than Bountiful's east bench. Centerville's Parrish Lane is more commercially developed than Bountiful's Main Street, giving it a slight edge in walkable errands. Both are in the Davis School District with quick SLC access. For investors, Centerville may offer marginally better yields, while Bountiful's east bench commands higher absolute rents. Both are strong, stable markets with low turnover.

A 3-bedroom single-family home in Centerville typically rents for $1,800–$2,200, with 4-bedroom homes reaching $2,200–$2,600 depending on condition and location. Townhomes and condos range from $1,400–$1,800. These rents are competitive with Bountiful and slightly below Farmington. The key differentiator is very low vacancy, well-priced properties often receive applications within the first week of listing, and renewals are common with modest annual increases.

Centerville has limited undeveloped land, and much of the remaining open space faces development challenges (steep terrain, wetlands, or established zoning). Some infill projects and tear-down/rebuilds occur sporadically. This supply constraint is actually a benefit for existing property owners, without new competition flooding the market, existing inventory maintains its value and rental demand. The city's General Plan prioritizes maintaining neighborhood character over density increases.