	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,064	£5,140	£5,217	£5,347	£5,481	£26,250
Total Expenses	£6,046	£6,103	£6,152	£6,207	£6,263	£30,771
Profit Before Tax	£-982	£-963	£-935	£-859	£-782	£-4,521
Profit After Tax	£-982	£-963	£-935	£-859	£-782	£-4,521
Change In Property Value	£1	£2,200	£3,927	£5,226	£3,641	£14,995
Net Return	£-981	£1,237	£2,992	£4,366	£2,859	£10,474
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-2%	-13%
Total Net Return (%)	-3%	4%	9%	13%	8%	31%