	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,980	£8,140	£8,302	£8,510	£8,723	£41,655
Total Expenses	£8,911	£8,977	£9,034	£9,097	£9,161	£45,181
Profit Before Tax	£-931	£-838	£-732	£-587	£-438	£-3,526
Profit After Tax	£-931	£-838	£-732	£-587	£-438	£-3,526
Change In Property Value	£5,700	£9,785	£12,329	£13,069	£11,544	£52,427
Net Return	£4,769	£8,947	£11,597	£12,482	£11,106	£48,901
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-5%
Total Net Return (%)	7%	14%	18%	19%	17%	76%