	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,040	£14,251	£14,464	£14,826	£15,197	£72,778
Total Expenses	£14,987	£15,058	£15,120	£15,198	£15,278	£75,642
Profit Before Tax	£-947	£-807	£-656	£-372	£-81	£-2,864
Profit After Tax	£-947	£-807	£-656	£-372	£-81	£-2,864
Change In Property Value	£4	£7,200	£12,852	£17,102	£11,915	£49,073
Net Return	£-943	£6,393	£12,196	£16,730	£11,833	£46,209
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	-1%	6%	11%	15%	10%	40%