	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,748	£2,789	£2,831	£2,902	£2,974	£14,244
Total Expenses	£4,044	£4,099	£4,144	£4,193	£4,243	£20,722
Profit Before Tax	£-1,296	£-1,309	£-1,313	£-1,291	£-1,268	£-6,477
Profit After Tax	£-1,296	£-1,309	£-1,313	£-1,291	£-1,268	£-6,477
Change In Property Value	£1,650	£3,116	£3,586	£3,801	£3,022	£15,175
Net Return	£354	£1,806	£2,273	£2,510	£1,754	£8,697
Return From Rental Income (%)	-7%	-7%	-8%	-7%	-7%	-37%
Total Net Return (%)	2%	10%	13%	14%	10%	50%