	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,120	£6,212	£6,305	£6,463	£6,624	£31,724
Total Expenses	£8,404	£8,463	£8,513	£8,571	£8,629	£42,579
Profit Before Tax	£-2,284	£-2,251	£-2,208	£-2,108	£-2,005	£-10,856
Profit After Tax	£-2,284	£-2,251	£-2,208	£-2,108	£-2,005	£-10,856
Change In Property Value	£2	£3,600	£6,426	£8,551	£5,957	£24,537
Net Return	£-2,282	£1,349	£4,218	£6,443	£3,952	£13,681
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-4%	-20%
Total Net Return (%)	-4%	2%	8%	12%	7%	25%