	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,520	£14,738	£15,106	£15,484	£15,948	£75,796
Total Expenses	£16,545	£16,613	£16,692	£16,774	£16,863	£83,487
Profit Before Tax	£-2,025	£-1,875	£-1,586	£-1,290	£-915	£-7,690
Profit After Tax	£-2,025	£-1,875	£-1,586	£-1,290	£-915	£-7,690
Change In Property Value	£3	£3	£6,600	£11,781	£15,677	£34,065
Net Return	£-2,021	£-1,871	£5,014	£10,491	£14,763	£26,375
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-7%
Total Net Return (%)	-2%	-2%	5%	10%	14%	25%