	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,160	£8,282	£8,407	£8,617	£8,832	£42,298
Total Expenses	£10,538	£10,600	£10,654	£10,717	£10,781	£53,289
Profit Before Tax	£-2,378	£-2,318	£-2,247	£-2,100	£-1,948	£-10,991
Profit After Tax	£-2,378	£-2,318	£-2,247	£-2,100	£-1,948	£-10,991
Change In Property Value	£2	£4,800	£8,568	£11,402	£7,943	£32,715
Net Return	£-2,376	£2,482	£6,321	£9,302	£5,995	£21,724
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-3%	-15%
Total Net Return (%)	-3%	3%	9%	13%	8%	30%