Open Sheets UK Business Tools
Landlord & Property New

Rental Property Income & Expenses Template

Track rental income and property-related expenses across multiple properties. Perfect for UK landlords.

Download Free Template Free download, no signup required

File format: .xlsx (Microsoft Excel, Google Sheets, LibreOffice compatible)

What is it?

What is a Rental Property Income & Expenses Tracker?

A Rental Property Income & Expenses Tracker is a dedicated spreadsheet for UK landlords to record rent received, property expenses, mortgage interest, and maintenance costs across multiple properties. It calculates taxable profit per property and in total, producing clean figures for your Self Assessment SA105 tax return.

Common use cases:

  • Recording rental income from tenants across multiple properties
  • Tracking property expenses: repairs, maintenance, insurance, agent fees
  • Calculating taxable profit after Section 24 mortgage interest restrictions
  • Preparing SA105 property income figures for Self Assessment
  • Monitoring which properties are profitable and which are costing money

When to use this template

  • You are a UK landlord with one or more rental properties
  • You need to report property income on your Self Assessment tax return
  • You want to understand the true profitability of each property
  • You need to track Section 24 mortgage interest relief calculations
What's included

What Your Template Contains

Everything you need, pre-built and ready to use. Just enter your data in the blue cells.

Track Up to 5 Properties

Separate income and expense sections for each property. Add more sheets if needed for larger portfolios.

Rent Roll Per Property

Record monthly rent received, tenant details, and lease dates. See rental income trends at a glance.

Property Expense Categories

Repairs, maintenance, insurance, letting agent fees, council tax, utilities, ground rent, and more — all SA105-aligned.

Mortgage Interest Tracker

Records mortgage interest paid per property. The template calculates the 20% tax credit under Section 24 restrictions.

Taxable Profit Calculation

Auto-calculates profit per property and total portfolio profit, accounting for allowable expenses and restrictions.

Annual Summary for Tax Return

Year-end totals ready for your SA105 property income pages. No manual adding up at tax time.

Benefits

How This Template Helps Your Business

HMRC-Ready Property Records

All categories align with HMRC SA105 form. When it is tax time, copy the figures straight to your return. No recategorising, no guessing.

Know Your Real Profit Per Property

One property might look profitable until you factor in maintenance and mortgage interest. This template reveals the truth — per property and portfolio-wide.

Section 24 Made Simple

Mortgage interest is no longer fully deductible. The template handles the 20% tax credit calculation automatically — one of the most confusing parts of landlord tax.

How to use

Get Started in Minutes

No accounting knowledge required. Follow these simple steps and you'll be tracking your finances in no time.

Download Template
1

Download the template and open in Excel or Google Sheets

2

Enter your property details and tenant information on the cover sheet

3

Record rent received each month in the income section per property

4

Record all property expenses as they occur — repairs, insurance, fees, etc.

5

Enter mortgage interest payments in the dedicated mortgage section

6

Review the annual summary for your SA105 tax return figures

FAQ

Frequently Asked Questions

Quick answers about this template

Ready to Get Started?

Download this free template and take control of your business finances today.

Free download, no email required. Works in Excel and Google Sheets.