	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,436	£5,545	£5,683	£5,825	£5,971	£28,461
Total Expenses	£5,916	£5,973	£6,030	£6,088	£6,145	£30,151
Profit Before Tax	£-480	£-428	£-346	£-262	£-174	£-1,691
Profit After Tax	£-480	£-428	£-346	£-262	£-174	£-1,691
Change In Property Value	£2,550	£2,627	£4,509	£5,681	£6,022	£21,388
Net Return	£2,070	£2,198	£4,162	£5,419	£5,848	£19,698
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-6%
Total Net Return (%)	8%	8%	16%	20%	22%	74%