	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,716	£16,967	£17,391	£17,826	£18,360	£87,260
Total Expenses	£18,748	£18,819	£18,905	£18,992	£19,088	£94,552
Profit Before Tax	£-2,032	£-1,852	£-1,514	£-1,166	£-728	£-7,292
Profit After Tax	£-2,032	£-1,852	£-1,514	£-1,166	£-728	£-7,292
Change In Property Value	£4	£4	£7,600	£13,566	£18,053	£39,227
Net Return	£-2,028	£-1,849	£6,087	£12,400	£17,325	£31,935
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-6%
Total Net Return (%)	-2%	-2%	5%	10%	14%	26%