![]() list price.įor single-family homes, this data is easy to find on a real estate site like Zillow for a commercial property, you’ll want to talk to the real estate agency selling the property.Īggregating your data in a rental property spreadsheet immediately raises a variety of questions that will inform your decision regarding which property to purchase: Choosing a PropertyĮvery property is inherently unique consequently, you need data that enables an apples-to-apples comparison, such as price per square foot and tax assessed value vs. To increase your chances of having the property rented at all times, you’ll want to consider factors important to renters, such as the local economy and school district quality. ![]() Shopping for Rental PropertyĪfter you’ve made the decision to invest in real estate, you must decide on a location. ©Premier Templates - All templates are for personal use only and may not be resold or redistributed under any circumstances.Use the simple rental property worksheet to spark ideas for your own ultimate rental property spreadsheet. This is where you enter the details of the current tenancy agreement and previous tenancy agreement. Section 4 – This is on the left at the bottom of the page with a light orange heading. Fill in all the boxes when entering an expense, there is also a drop-down menu with expense categories which is particularly useful for tax purposes. Section 3 – This is the section with the red headers at the right-hand side of the page where you enter any expenses related to the property. Be sure to fill in all boxes to keep the most detailed account possible. You enter the date, amount received, customer name, etc. Section 2 – This is the section with the green headers where you enter your rental income. Section 1 – On the left side it contains the monthly summary of income and expenses by category which are automatically filled in based on the information you enter in sections 2 & 3. The tab for each unit has 4 main sections: This page is fully automated, so you will not actually enter anything in this summary page.Įach rental property building has an individual tab for each unit and a tab for the summary page for that building. ![]() The overall summary page shows you the annual totals of all 5 buildings for the annual rental income and expenses per category. ✚ If you need any customer support or general help, then just drop us a message! ✚ 1 PDF file called "Multi-Unit Property Instruction Manual" which is a detailed instruction manual clearly explaining how to use your new spreadsheet. The spreadsheets will be called either Multi-Unit Property Template GS USD, Multi-Unit Property Template GS GBP or Multi-Unit Property Template GS EUR to represent the different currencies. ✚ 3 ODS files of Multi-Unit Property Templates. The spreadsheets will be called either Multi-Unit Property Template EX USD, Multi-Unit Property Template EX GBP or Multi-Unit Property Template EX EUR to represent the different currencies. These are compatible with all versions of Microsoft Excel. ✚ 3 Excel files of Multi-Unit Property Templates. ✚ 1 zip file with all the following files included You can clearly see how much profit you are earning from each building every month from your rental income and how much your expenses you have.ġ) Tracking your monthly and annual rental incomeĢ) Tracking your monthly and annual rental expensesģ) Seeing your year-to-date profits and finance totals for all properties This is the perfect spreadsheet for simple bookkeeping to have all your rental properties in a simple and easy to read overview. There is also a summary page which totals up all the income and expenses for all the buildings. ![]() ![]() Each building has a tab for each unit as well as a collective summary page for that individual building. This spreadsheet will allow you to track the income and expenses of 5 different buildings with 5 units in each building (so you can track up to 25 different incomes and expenses). This is a professionally designed spreadsheet to manage the rental income and expenses of your multi-unit properties. ![]()
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