	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,172	£5,250	£5,328	£5,462	£5,598	£26,810
Total Expenses	£6,217	£6,275	£6,324	£6,379	£6,435	£31,631
Profit Before Tax	£-1,045	£-1,026	£-996	£-918	£-837	£-4,821
Profit After Tax	£-1,045	£-1,026	£-996	£-918	£-837	£-4,821
Change In Property Value	£2,875	£5,304	£6,775	£7,797	£5,510	£28,262
Net Return	£1,830	£4,279	£5,779	£6,880	£4,673	£23,440
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-2%	-14%
Total Net Return (%)	5%	12%	16%	19%	13%	66%