The rental property management template (Excel, Word, PDF) is used by managers or landlords. They used it to maintain records for staying organized and for providing legal protection. Additionally, if you want to save vacations for short or long term rental properties, then these templates will help you to save time.
What is the Rental Property Management Template?
The rental property management template is a document in MS Excel in different formats. It keeps the records of your property and rent collection with various reports. With the help of this template, a real estate company can easily handle up to 50 properties. Furthermore, it assists you to enlist the record of properties. These records help to manage complete rent ledger and rental property maintenance records. You may also like the rent increase letter template.
In addition to the above, the templates also create multiple reports such as property performance reports, rent outstanding reports, and tenant reports. And, every sheet is developed to simplify the process of managing various properties.
They are created with predefined formulas in MS Excel. Thus, predefined formulas help you to manage several properties accounts all in a single place. You just have to write down the properties, retain records of tenants, property maintenance, and rental ledger. Moreover, templates also make different reports related to property and tenants. You should also check the security deposit return letter.
Basic Rental Property Worksheet Template
Exclusive Property Management Agreement
Free Rental Property Management Template
Long Term Rental Property Management Agreement Template
Property Management Agreement Template
Property Management Template Excel
Rental Property Calculation Worksheet
Rental Property Deduction Template
Rental Property Income and Expenses Worksheet Template
Rental Property Tax Deduction Template
Rental Property Valuation Template
Rental Property Worksheet for Parents
Vacation Rental Property Management Checklist Spreadsheet
Contents of Rental Property Management Templates:
There are almost 9 sheets in this template. Let us discuss them one-by-one.
1. List of property type:
In this sheet, the serial number has appeared automatically. You just have to enter the property type. However, the property type maybe penthouse, land, flat, banquet hall, industrial shade, etc. You may also see the rent payment tracker spreadsheet.
2. Details sheet:
This sheet includes such as;
- Property number
- Property type
- Expected monthly rent
- Actual monthly rent
- Locality, address, and purchase price.
3. Performance report of property:
The performance report contains all the property information such as ROI (Return on Investment), purchase price, and rent details of an individual property.
4. Detail sheet of tenants:
This sheet consists of two parts. The first part includes the information of the individual tenant. On the other hand, the second part contains detailed information about all the tenants. Those tenants who have been currently living in the respective properties. Hence, it includes;
- Property number in which tenant lives,
- Contact number,
- Rental contact,
- Rental amount,
- Security deposit
- Initial late fee, partial payment,
- Pets allowed or not,
- And, additional information.
5. Maintenance accounts:
All the rental properties need to maintain gardens, elevators, and other maintenance jobs. So, you can keep the record of such expenses monthly in this sheet.
6. Detail sheet of the service provider:
Above all, you can also keep a detailed record of service providers. Therefore, if you get a call for service or maintenance you can refer to this sheet. This sheet has;
- Serial number
- Service type
- Company’s name
- Contact person’s name
- Contact number
7. Ledger rent:
Ledger rent involves the monthly detail of rent collection. Whereas, the monthly detail consists of;
- Previous outstanding
- Due rent
- Total outstanding
- Amount of rent received
- Balance outstanding
8. Report of rent outstanding:
So, it just displays the month-wise and yearly outstanding about the respective property.
9. Calculator for a late fee:
Whenever, if you want to calculate the late feel amounts you can use this calculator.
Hence, we have discussed a complete rental property management solution for real estate companies and for an individual.