	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,996	£10,146	£10,298	£10,556	£10,819	£51,815
Total Expenses	£11,043	£11,108	£11,165	£11,232	£11,301	£55,850
Profit Before Tax	£-1,047	£-962	£-866	£-677	£-482	£-4,034
Profit After Tax	£-1,047	£-962	£-866	£-677	£-482	£-4,034
Change In Property Value	£3,750	£8,881	£11,818	£13,722	£10,086	£48,258
Net Return	£2,703	£7,919	£10,952	£13,046	£9,604	£44,224
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-5%
Total Net Return (%)	4%	10%	14%	17%	13%	58%