	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,304	£5,410	£5,518	£5,656	£5,798	£27,686
Total Expenses	£5,748	£5,809	£5,860	£5,916	£5,973	£29,305
Profit Before Tax	£-444	£-398	£-342	£-260	£-175	£-1,619
Profit After Tax	£-444	£-398	£-342	£-260	£-175	£-1,619
Change In Property Value	£3,000	£5,150	£6,489	£6,878	£6,076	£27,593
Net Return	£2,556	£4,752	£6,147	£6,619	£5,901	£25,974
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-5%
Total Net Return (%)	8%	14%	18%	19%	17%	76%