	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,684	£9,829	£10,075	£10,327	£10,637	£50,552
Total Expenses	£11,697	£11,757	£11,825	£11,894	£11,968	£59,141
Profit Before Tax	£-2,013	£-1,928	£-1,750	£-1,567	£-1,331	£-8,589
Profit After Tax	£-2,013	£-1,928	£-1,750	£-1,567	£-1,331	£-8,589
Change In Property Value	£2	£2	£4,400	£7,854	£10,452	£22,710
Net Return	£-2,011	£-1,926	£2,650	£6,287	£9,121	£14,121
Return From Rental Income (%)	-3%	-3%	-3%	-2%	-2%	-13%
Total Net Return (%)	-3%	-3%	4%	9%	14%	21%