	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,436	£5,518	£5,655	£5,797	£5,971	£28,377
Total Expenses	£5,916	£5,970	£6,027	£6,085	£6,145	£30,143
Profit Before Tax	£-480	£-453	£-371	£-288	£-174	£-1,766
Profit After Tax	£-480	£-453	£-371	£-288	£-174	£-1,766
Change In Property Value	£2,550	£2,627	£4,960	£5,708	£6,051	£21,895
Net Return	£2,070	£2,174	£4,588	£5,420	£5,877	£20,129
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-7%
Total Net Return (%)	8%	8%	17%	20%	22%	76%