	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,616	£5,700	£5,843	£5,989	£6,168	£29,316
Total Expenses	£5,934	£5,988	£6,046	£6,104	£6,165	£30,237
Profit Before Tax	£-318	£-288	£-203	£-115	£4	£-920
Profit After Tax	£-318	£-288	£-203	£-115	£4	£-920
Change In Property Value	£2,125	£2,178	£4,019	£5,133	£5,907	£19,362
Net Return	£1,807	£1,890	£3,816	£5,017	£5,911	£18,441
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	7%	7%	14%	19%	22%	70%