	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,164	£4,226	£4,290	£4,397	£4,507	£21,584
Total Expenses	£4,508	£4,564	£4,611	£4,664	£4,718	£23,065
Profit Before Tax	£-344	£-338	£-322	£-267	£-211	£-1,480
Profit After Tax	£-344	£-338	£-322	£-267	£-211	£-1,480
Change In Property Value	£1,950	£3,682	£4,238	£4,492	£3,571	£17,934
Net Return	£1,606	£3,345	£3,916	£4,225	£3,361	£16,454
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-7%
Total Net Return (%)	8%	16%	19%	21%	16%	80%