Rental property analysis
AI Rental Property Analysis
The three numbers that decide a rental — real expenses, real financing, real downside — done properly, on every property.
Almost every disappointing rental purchase traces back to the same three errors: expenses were understated, the financing was priced too optimistically, and nobody modelled what happens when a unit sits empty or the renewal rate is two points higher.
This is the part of the analysis PropertyEdge is strictest about. The operating statement is rebuilt line by line, the financing follows Canadian rules, and every deal gets four stress tests plus a distribution of outcomes rather than one confident answer.
Expenses rebuilt, not copied from the listing
Listings quote gross rent. Lenders and reality care about net operating income. The model requires each expense line, defaults to a defensible figure where you do not have one, and shows you which line is the largest single lever on your return.
- Vacancy and bad debt as a percentage of gross scheduled rent
- Repairs, maintenance and a separate capital-expenditure reserve
- Property management, whether or not you plan to use a manager
- Insurance, utilities and municipal tax at the local rate
- Condo or maintenance fees, treated as fixed and non-negotiable
Downside first, upside second
The stress tests ask blunt questions: what if rents come in five percent lower, what if the renewal rate is two points higher, what if vacancy doubles, what if the exit cap rate widens. The Monte Carlo pass then combines those uncertainties so you can see the range of outcomes rather than a single point.
The maximum offer is derived from whichever constraint binds first — cash flow, DSCR or your required return — and the analyzer tells you which one it was.
Save it, revisit it, defend it
Saved deals keep their assumptions, so when a seller counters you can reopen the exact file, change the price and see immediately whether the deal still clears your floor. Snapshots preserve the earlier version, which is what makes the conversation with a partner or a lender straightforward.
Free calculators to start with
NOI Calculator
Calculate net operating income line by line: rental income, other income, vacancy and each operating expense category.
DSCR Calculator
Calculate debt service coverage ratio from NOI and annual debt payments, see the lender view, and understand what happens when rates or vacancy move.
Mortgage Calculator
Calculate mortgage payments, total interest and remaining balance for an investment property, and see how rate changes affect the payment.
Frequently asked questions
What expense ratio should I assume on a Canadian rental?
Rather than a single ratio, build the lines. Operating expenses commonly land between thirty-five and fifty percent of gross rent for small residential property once vacancy, management and a capital reserve are included, but the municipal tax rate and heating responsibility move it far enough that a rule of thumb is not underwriting.
Is the property analyzer free to try?
Yes. The calculators and the first-pass underwriting on the Analyze page are free and unlimited, and no account is needed to run them. A full AI review — the deep second opinion that challenges your assumptions — is counted monthly: three on the free plan, twenty on Pro, seventy-five on Investor and two hundred and fifty on Professional.
Does it use MLS listing data?
Not yet. PropertyEdge does not scrape listing portals and will not invent MLS figures. Listing and sold-comparable panels stay honestly empty until a licensed data provider is connected. Municipal, neighbourhood, rent and interest-rate context comes from open sources such as Statistics Canada, CMHC, the Bank of Canada and municipal open-data catalogues, each labelled with its source and freshness.
Is this investment advice?
No. Every figure is an underwriting estimate built from the assumptions you can see and edit on screen. Anything the model estimates rather than sources is labelled as an estimate with a confidence level. Verify numbers with your own advisors before making an offer.
PropertyEdge provides analysis and estimates for informational purposes only. It is not investment, tax, legal or appraisal advice, and no return or investment outcome is guaranteed. Estimates are modelled from the assumptions shown and must be verified against leases, inspections, tax bills and municipal records before you make an offer.