	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,920	£11,084	£11,250	£11,531	£11,820	£56,605
Total Expenses	£11,458	£11,524	£11,582	£11,651	£11,723	£57,937
Profit Before Tax	£-538	£-440	£-331	£-120	£97	£-1,333
Profit After Tax	£-538	£-440	£-331	£-120	£97	£-1,333
Change In Property Value	£2,600	£7,878	£10,819	£12,658	£10,288	£44,244
Net Return	£2,063	£7,438	£10,488	£12,538	£10,385	£42,911
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	3%	9%	13%	16%	13%	54%