	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,000	£3,045	£3,091	£3,168	£3,247	£15,551
Total Expenses	£4,231	£4,285	£4,331	£4,380	£4,431	£21,657
Profit Before Tax	£-1,231	£-1,240	£-1,240	£-1,212	£-1,184	£-6,106
Profit After Tax	£-1,231	£-1,240	£-1,240	£-1,212	£-1,184	£-6,106
Change In Property Value	£1,800	£3,399	£3,912	£4,147	£3,297	£16,554
Net Return	£570	£2,159	£2,672	£2,934	£2,113	£10,448
Return From Rental Income (%)	-6%	-7%	-7%	-6%	-6%	-32%
Total Net Return (%)	3%	11%	14%	15%	11%	55%