Excel Model: Monthly Property Management

 Description:

This spreadsheet is designed to manage and track the financial and operational aspects of property management on a monthly basis. It includes sections for tenant information, income, expenses, and a summary of the financial performance for each month.

• Tenant Information: Record details about current tenants, vacancies, lease renewals, new leases signed, and notices received.
• Income: Track various sources of income such as rent received, late fees collected, and other income from services like laundry or parking.
• Expenses: Record monthly expenses including mortgage payments, property taxes, insurance, utilities, maintenance and repairs, landscaping, property management fees, legal and professional fees, marketing, and other miscellaneous costs.
• Summary: Provides an overview of the month-to-date income less expenses to determine the net operating income for the property.