	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,604	£17,868	£18,315	£18,773	£19,336	£91,895
Total Expenses	£19,630	£19,703	£19,790	£19,880	£19,979	£98,983
Profit Before Tax	£-2,026	£-1,835	£-1,476	£-1,107	£-643	£-7,088
Profit After Tax	£-2,026	£-1,835	£-1,476	£-1,107	£-643	£-7,088
Change In Property Value	£4	£4	£8,000	£14,280	£19,003	£41,291
Net Return	£-2,022	£-1,831	£6,524	£13,173	£18,360	£34,204
Return From Rental Income (%)	-2%	-1%	-1%	-1%	-1%	-6%
Total Net Return (%)	-2%	-1%	5%	10%	14%	27%