	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,496	£5,578	£5,662	£5,804	£5,949	£28,489
Total Expenses	£6,571	£6,630	£6,679	£6,735	£6,792	£33,408
Profit Before Tax	£-1,075	£-1,051	£-1,017	£-931	£-843	£-4,919
Profit After Tax	£-1,075	£-1,051	£-1,017	£-931	£-843	£-4,919
Change In Property Value	£1	£2,500	£4,463	£5,938	£4,137	£17,039
Net Return	£-1,074	£1,449	£3,446	£5,007	£3,294	£12,121
Return From Rental Income (%)	-3%	-3%	-3%	-2%	-2%	-13%
Total Net Return (%)	-3%	4%	9%	13%	9%	31%