	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,996	£13,191	£13,389	£13,724	£14,067	£67,366
Total Expenses	£13,756	£13,826	£13,887	£13,962	£14,039	£69,470
Profit Before Tax	£-760	£-635	£-498	£-239	£28	£-2,104
Profit After Tax	£-760	£-635	£-498	£-239	£28	£-2,104
Change In Property Value	£3,250	£9,847	£13,524	£15,823	£12,861	£55,305
Net Return	£2,490	£9,212	£13,026	£15,584	£12,888	£53,201
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	2%	9%	13%	15%	13%	52%