	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,460	£8,587	£8,802	£9,022	£9,292	£44,162
Total Expenses	£9,988	£10,046	£10,111	£10,176	£10,246	£50,567
Profit Before Tax	£-1,528	£-1,459	£-1,309	£-1,155	£-954	£-6,405
Profit After Tax	£-1,528	£-1,459	£-1,309	£-1,155	£-954	£-6,405
Change In Property Value	£4,500	£4,613	£8,510	£10,869	£12,510	£41,001
Net Return	£2,973	£3,153	£7,201	£9,714	£11,556	£34,597
Return From Rental Income (%)	-3%	-3%	-2%	-2%	-2%	-12%
Total Net Return (%)	5%	6%	13%	18%	21%	63%