	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,800	£7,917	£8,036	£8,237	£8,443	£40,432
Total Expenses	£9,215	£9,277	£9,330	£9,391	£9,455	£46,668
Profit Before Tax	£-1,415	£-1,360	£-1,294	£-1,155	£-1,012	£-6,236
Profit After Tax	£-1,415	£-1,360	£-1,294	£-1,155	£-1,012	£-6,236
Change In Property Value	£2	£4,000	£7,140	£9,501	£6,619	£27,263
Net Return	£-1,413	£2,640	£5,846	£8,347	£5,607	£21,027
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-2%	-10%
Total Net Return (%)	-2%	4%	10%	14%	9%	34%