	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,400	£5,481	£5,563	£5,702	£5,845	£27,991
Total Expenses	£6,401	£6,459	£6,508	£6,564	£6,621	£32,553
Profit Before Tax	£-1,001	£-978	£-945	£-862	£-776	£-4,562
Profit After Tax	£-1,001	£-978	£-945	£-862	£-776	£-4,562
Change In Property Value	£1	£2,400	£4,284	£5,701	£3,972	£16,358
Net Return	£-1,000	£1,422	£3,339	£4,839	£3,195	£11,796
Return From Rental Income (%)	-3%	-3%	-3%	-2%	-2%	-12%
Total Net Return (%)	-3%	4%	9%	13%	9%	32%