FDD Analysis Report
Keyrenter Property Management
Keyrenter Franchise LLC
Key Metrics At-a-Glance
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of gross sales
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of gross sales
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N/A
Not disclosed
About This Franchise
5 min read## Executive Summary
Keyrenter Property Management has grown from its 2007 founding in Utah to become a prominent name in residential property management franchising. Since beginning franchising in 2014, Keyrenter has expanded to serve entrepreneurs and real estate professionals seeking to establish their own property management businesses with proven systems and support.
## Investment Overview
| Investment Component | Amount | |---------------------|--------| | Total Investment Range | 116,425 - 240,979 | | Initial Franchise Fee | 40,000 | | Liquid Capital Required | 90,000 | | Total Investment Alternate | 101,125 - 178,279 | | Net Worth Required | 250,000 | | Royalty On-Time Payment | 7 percent or 250 minimum | | Royalty Late Payment | 10 percent | | Contract Term | 10 years | | Renewal Terms | Two additional 10-year terms |
## Financial Performance
Keyrenter achieves strong performance metrics with average RPU (Revenue Per Unit) of 261 dollars compared to industry average of 222.11 dollars. Revenue streams include monthly property management fees, tenant placement fees, maintenance coordination revenue, and property inspection services.
## Training and Support
Keyrenter provides comprehensive franchisee support including Initial Training covering all operational aspects, Proprietary Software systems for property management, Marketing Support with lead generation tools, Operational Procedures with proven processes, and Ongoing Support with field assistance.
## Network Statistics
Keyrenter has established a growing network since 2014 with presence in most US states, headquarters in Midvale Utah, franchising since 2014, exclusive territories granted, and availability in all states except Hawaii Indiana Minnesota North Dakota and South Dakota.
## Competitive Analysis
Strengths include exclusive five-mile territory protection, RPU exceeding industry average, on-time payment royalty discount, comprehensive training program, and growing brand recognition.
Weaknesses include limited availability in some states, smaller network than major competitors, 10 percent late payment penalty, and real estate market dependency.
Key Competitors include Real Property Management as largest national competitor, Property Management Inc with multi-sector focus, local independent property managers, and real estate brokerages offering management.
## Risk Factors
1. Market Dependency: Revenue tied to local real estate conditions 2. Operational Requirements: Property management demands active involvement 3. Competition: Local independents dominate many markets 4. Tenant Risk: Problem tenants can impact profitability 5. Regulatory: State-specific property management requirements
## Investment Recommendation
Target Investor Profile includes real estate professionals, entrepreneurs in strong rental markets, and service-oriented business operators. Keyrenter is ideal for investors seeking exclusive territory protection, performance above industry average, comprehensive support system, and residential property management focus.
Suitability Score is 7 out of 10. Keyrenter offers solid entry into property management with exclusive territories and demonstrated performance above industry averages.
Ongoing Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Royalty | See FDD of Gross Revenue | - |
| Brand Fund | See FDD of Gross Revenue | - |
Item 19: Financial Performance Representations
No Financial Performance Representations
This franchisor does not provide Item 19 financial performance representations. Approximately 35% of franchisors choose to disclose this information.
Recommendation: Request financial information directly from existing franchisees listed in Exhibit I during your due diligence. Contact 10-15 franchisees to gather revenue and profitability data before making an investment decision.
Learn more about Item 19 disclosures →Risk Assessment
Items to Review
No notable items identified
Positive Indicators
Review FDD for positive factors
Due Diligence Recommendations
Contact 10-15 existing franchisees to gather operational and financial insights
Franchisee interviews are the most valuable source of information about day-to-day operations and realistic financial expectations.
Have a franchise attorney review the Franchise Agreement
Professional legal review can identify unfavorable terms and potential negotiation points.
Research local market conditions and competition
Understanding your specific market is essential for success, regardless of system-wide performance.
Download Complete FDD
Access the full Franchise Disclosure Document including all 23 items, exhibits, and financial statements.
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Learn More About FDDs
New to franchise investing? Our educational guides will help you understand what to look for in the Keyrenter Property Management FDD.
The Ultimate Guide to FDDs
Learn how to read and analyze Franchise Disclosure Documents
Understanding Item 7: Initial Investment
How to evaluate franchise investment costs
FDD Item 5: Initial Fees Explained
What you pay upfront to become a franchisee
Item 20: Franchisee Information
Analyze system growth and contact franchisees
About Keyrenter Property Management Franchise
Keyrenter Property Management is a franchise that offers entrepreneurs the opportunity to own and operate their own business within an established system. As of the 2026 Franchise Disclosure Document, the franchise continues to expand its footprint nationwide. This analysis provides prospective franchisees with key insights from the FDD to support informed investment decisions.
Keyrenter Property Management Franchise Cost
The total initial investment required to open a Keyrenter Property Management franchise ranges from See FDD for details. This investment includes the initial franchise fee of See FDD for details, along with expenses for real estate, equipment, inventory, training, and working capital to sustain operations during the initial period. Ongoing fees include a royalty fee of See FDD of gross sales. Prospective franchisees should review Item 7 of the FDD for a complete breakdown of estimated initial investment costs.
Keyrenter Property Management Item 19 Financial Performance
Keyrenter Property Management does not provide financial performance representations in Item 19 of their FDD. Approximately 35% of franchisors choose to disclose this information. Without franchisor-provided financial data, prospective franchisees should contact existing franchisees directly to gather information about revenue, expenses, and profitability. The franchisee contact list in Exhibit I provides names and contact information for current and former franchise owners.
Keyrenter Property Management Franchise Growth and System Health
The Keyrenter Property Management franchise system has shown stable performance based on unit count data from Item 20 of the FDD. Prospective franchisees should examine the historical data on unit openings, closings, and transfers to understand the system's trajectory and identify any concerning trends.
Keyrenter Property Management Franchise Investment Considerations
The Keyrenter Property Management FDD contains important disclosures that prospective franchisees should carefully review before making an investment decision. Key factors to evaluate include the franchise fee structure, ongoing royalty requirements, territory rights, termination history, and franchisor support systems. Every franchise investment carries risk, and this analysis should be combined with professional legal and financial advice. Review the complete FDD and speak with current franchisees to gain a comprehensive understanding of the opportunity.
Due Diligence Recommendations for Keyrenter Property Management
Before investing in a Keyrenter Property Management franchise, prospective franchisees should:
- Contact multiple existing franchisees to gather operational and financial insights
- Have a franchise attorney review the Franchise Agreement and all exhibits
- Research local market conditions and competitive landscape
- Develop a detailed business plan with realistic financial projections
- Verify all information provided by the franchisor independently
Download the Keyrenter Property Management FDD
Access the complete Keyrenter Property Management Franchise Disclosure Document, including all 23 Items, exhibits, franchise agreement, and audited financial statements. FreeFDDs™ provides free access to FDDs to promote franchise transparency and help prospective franchisees make informed decisions. The FDD contains critical information that should be reviewed in its entirety before making any investment decision.
Disclaimer
This analysis report is provided for informational purposes only. The data presented has been extracted from the Franchise Disclosure Document and may contain errors or omissions.
Prospective franchisees should conduct their own due diligence, review the complete FDD document, and consult with qualified legal and financial advisors before making any investment decisions.