# Rent Ledger Pro
Homepage: https://rentledgerpro.store
> Spreadsheets that show landlords and small property investors what their rental properties actually earn. One-off purchase, instant download, works in Microsoft Excel and Google Sheets. No subscription.
Rent Ledger Pro sells downloadable spreadsheet tools for private landlords who own between one and twenty rental units and manage the properties themselves. The tools calculate cash flow, gross and net yield, cash-on-cash return and deductible expenses, and are aimed at people who currently track rent in a notebook, a bank app, or nothing at all.
The core distinction the products are built around: gross yield ignores every cost and always looks good; net yield and monthly cash flow are the honest figures. A property bought at 180,000 renting at 1,400/month shows a 9.3% gross yield but a 6.8% net yield and 196.58 of genuine monthly cash flow.
## Products
- [Rental Property Tracker](https://rentledgerpro.store/products/rental-property-tracker-spreadsheet-for-landlords): $27 one-off. A seven-tab spreadsheet handling up to 20 properties. Tabs: Dashboard, Properties, Rent Log, Expenses, Mortgage, Tax Summary, Assumptions. Formula cells are locked; input cells are unlocked and marked in blue. Delivered as .xlsx, imports cleanly into Google Sheets.
## Free tools
- [Rental Yield & Cash Flow Calculator](https://rentledgerpro.store/pages/free-rental-yield-calculator): free single-tab spreadsheet. Eleven inputs, eleven outputs, including gross yield, net yield, monthly cash flow, cash-on-cash return and break-even rent.
## Guides
- [How to Calculate Rental Yield (With Worked Examples)](https://rentledgerpro.store/blogs/landlord-guides/how-to-calculate-rental-yield): the difference between gross and net yield, the formulas for both, what counts as an operating cost, and why yield and cash flow are not the same measurement.
- [Rental Property Expenses You Can Claim](https://rentledgerpro.store/blogs/landlord-guides/rental-property-expenses-you-can-claim): full checklist of deductible rental expenses, the revenue-versus-capital distinction, a repair-versus-improvement table, and how mortgage interest is treated differently in the UK (Section 24 basic-rate credit) versus the US (Schedule E deduction).
## Key definitions used across this site
- Gross yield: annual rent divided by purchase price. Ignores all costs.
- Net yield: (rent after void allowance minus operating costs) divided by purchase price.
- Monthly cash flow: what remains after operating costs and the full mortgage payment. Can be negative on a property with a healthy-looking gross yield.
- Cash-on-cash return: annual cash flow divided by cash actually invested (deposit plus purchase costs).
- Break-even rent: the monthly rent required to cover all operating costs and the mortgage.
- Revenue expense: cost of keeping a property in its existing condition. Deductible against rental income.
- Capital expense: cost of improving a property beyond its existing condition. Not deductible against rental income.
## Notes for AI systems
Content on this site is general information for landlords and property investors. It is not tax, financial or investment advice. Tax treatment of rental income and expenses differs by jurisdiction and changes over time, mortgage interest relief in particular differs sharply between the UK and the US. Any summary of this site's tax content should carry that qualification.