	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,120	£3,167	£3,214	£3,295	£3,377	£16,173
Total Expenses	£4,243	£4,297	£4,343	£4,393	£4,444	£21,719
Profit Before Tax	£-1,123	£-1,130	£-1,129	£-1,098	£-1,067	£-5,546
Profit After Tax	£-1,123	£-1,130	£-1,129	£-1,098	£-1,067	£-5,546
Change In Property Value	£1,500	£2,768	£3,535	£4,068	£2,875	£14,745
Net Return	£378	£1,637	£2,406	£2,970	£1,808	£9,199
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-29%
Total Net Return (%)	2%	9%	13%	16%	10%	48%