	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,800	£4,872	£4,945	£5,069	£5,195	£24,881
Total Expenses	£5,054	£5,111	£5,160	£5,214	£5,269	£25,807
Profit Before Tax	£-254	£-239	£-214	£-145	£-74	£-926
Profit After Tax	£-254	£-239	£-214	£-145	£-74	£-926
Change In Property Value	£1,600	£3,264	£4,243	£4,455	£3,275	£16,837
Net Return	£1,346	£3,025	£4,029	£4,310	£3,201	£15,911
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	5%	12%	16%	17%	13%	64%