	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,804	£12,996	£13,191	£13,521	£13,859	£66,371
Total Expenses	£13,576	£13,646	£13,706	£13,781	£13,857	£68,566
Profit Before Tax	£-772	£-650	£-515	£-260	£1	£-2,196
Profit After Tax	£-772	£-650	£-515	£-260	£1	£-2,196
Change In Property Value	£4,800	£11,368	£15,128	£17,565	£12,910	£61,770
Net Return	£4,028	£10,718	£14,612	£17,305	£12,912	£59,575
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-2%
Total Net Return (%)	4%	11%	15%	17%	13%	59%