	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,864	£3,922	£3,981	£4,080	£4,182	£20,029
Total Expenses	£5,282	£5,338	£5,385	£5,437	£5,489	£26,931
Profit Before Tax	£-1,418	£-1,416	£-1,404	£-1,356	£-1,307	£-6,902
Profit After Tax	£-1,418	£-1,416	£-1,404	£-1,356	£-1,307	£-6,902
Change In Property Value	£900	£2,727	£3,745	£4,382	£3,561	£15,315
Net Return	£-518	£1,311	£2,341	£3,025	£2,254	£8,414
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-25%
Total Net Return (%)	-2%	5%	8%	11%	8%	30%