	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,428	£16,674	£17,091	£17,519	£18,044	£85,756
Total Expenses	£18,124	£18,195	£18,279	£18,366	£18,461	£91,426
Profit Before Tax	£-1,696	£-1,520	£-1,188	£-847	£-417	£-5,669
Profit After Tax	£-1,696	£-1,520	£-1,188	£-847	£-417	£-5,669
Change In Property Value	£4	£4	£7,300	£13,031	£17,340	£37,678
Net Return	£-1,693	£-1,517	£6,112	£12,183	£16,923	£32,009
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-5%
Total Net Return (%)	-1%	-1%	5%	10%	15%	28%