	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,256	£11,425	£11,710	£12,003	£12,363	£58,758
Total Expenses	£20,979	£21,042	£21,114	£21,187	£21,266	£105,588
Profit Before Tax	£-9,723	£-9,617	£-9,403	£-9,184	£-8,902	£-46,830
Profit After Tax	£-9,723	£-9,617	£-9,403	£-9,184	£-8,902	£-46,830
Change In Property Value	£5	£5	£9,000	£16,065	£21,378	£46,453
Net Return	£-9,719	£-9,613	£-403	£6,882	£12,476	£-377
Return From Rental Income (%)	-7%	-7%	-6%	-6%	-6%	-32%
Total Net Return (%)	-7%	-7%	0%	5%	9%	0%