What Financial Reports does this Template Provide? This template is not suited for commercial or industrial real estate which require more rigorous property management and more complex rental property record keeping. These may be family homes, villas, holiday-lets, single rooms in Homes of Multiple Occupancy (HMOs) and even student accommodation. This rental property excel spreadsheet is perfect for the smaller property investor or landlord with a handful of rental income properties. What Properties Does this Template Work With? While simple and easy to use, they provide both detailed income and expense worksheets, as well as a consolidated summary worksheet to give you a bird’s-eye view of your investments. Our free, downloadable Rental Property Income and Expenses templates allow you to record the income and expenses of your investment real estate. But it does need to be complete, accurate and simple to maintain. Your record keeping doesn’t need to be complex or require expensive accounting software. Maintaining detailed and accurate records of your properties’ income and expenses is vital in property management. One crucial, though not very glamorous, aspect of being a professional landlord is sound record keeping. By some estimates, 90% of the millionaire created in the past two hundred years started in real estate. It’s long been known that owning income-generating real estate can positively affect your net worth.
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