	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,064	£5,165	£5,294	£5,427	£5,562	£26,513
Total Expenses	£7,069	£7,125	£7,181	£7,238	£7,294	£35,908
Profit Before Tax	£-2,005	£-1,960	£-1,887	£-1,811	£-1,732	£-9,395
Profit After Tax	£-2,005	£-1,960	£-1,887	£-1,811	£-1,732	£-9,395
Change In Property Value	£3,450	£3,554	£6,100	£7,686	£8,147	£28,937
Net Return	£1,445	£1,594	£4,214	£5,875	£6,415	£19,543
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-4%	-24%
Total Net Return (%)	4%	4%	11%	15%	16%	50%