	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,756	£9,902	£10,051	£10,302	£10,560	£50,571
Total Expenses	£11,019	£11,084	£11,140	£11,207	£11,275	£55,725
Profit Before Tax	£-1,263	£-1,182	£-1,089	£-905	£-715	£-5,154
Profit After Tax	£-1,263	£-1,182	£-1,089	£-905	£-715	£-5,154
Change In Property Value	£3	£5,000	£8,925	£11,877	£8,274	£34,079
Net Return	£-1,261	£3,818	£7,836	£10,972	£7,559	£28,924
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-7%
Total Net Return (%)	-2%	5%	10%	14%	10%	38%