	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,280	£8,404	£8,530	£8,744	£8,962	£42,920
Total Expenses	£8,728	£8,753	£8,776	£8,808	£8,840	£43,906
Profit Before Tax	£-448	£-349	£-246	£-64	£122	£-985
Profit After Tax	£-448	£-349	£-246	£-64	£122	£-985
Change In Property Value	£2,300	£6,969	£9,571	£11,198	£9,101	£39,139
Net Return	£1,852	£6,620	£9,325	£11,133	£9,223	£38,153
Return From Rental Income (%)	-1%	0%	0%	0%	0%	-1%
Total Net Return (%)	3%	9%	13%	16%	13%	55%