	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,748	£8,879	£9,012	£9,238	£9,469	£45,346
Total Expenses	£10,919	£10,982	£11,036	£11,100	£11,166	£55,203
Profit Before Tax	£-2,171	£-2,102	£-2,024	£-1,863	£-1,697	£-9,857
Profit After Tax	£-2,171	£-2,102	£-2,024	£-1,863	£-1,697	£-9,857
Change In Property Value	£3	£5,000	£8,925	£11,877	£8,274	£34,079
Net Return	£-2,168	£2,898	£6,902	£10,014	£6,577	£24,222
Return From Rental Income (%)	-3%	-3%	-3%	-2%	-2%	-13%
Total Net Return (%)	-3%	4%	9%	13%	9%	32%