	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,900	£7,004	£7,109	£7,286	£7,468	£35,767
Total Expenses	£8,240	£8,301	£8,352	£8,412	£8,473	£41,777
Profit Before Tax	£-1,340	£-1,297	£-1,243	£-1,125	£-1,004	£-6,010
Profit After Tax	£-1,340	£-1,297	£-1,243	£-1,125	£-1,004	£-6,010
Change In Property Value	£1,725	£5,227	£7,178	£8,398	£6,826	£29,354
Net Return	£385	£3,930	£5,935	£7,273	£5,822	£23,344
Return From Rental Income (%)	-3%	-2%	-2%	-2%	-2%	-11%
Total Net Return (%)	1%	7%	11%	14%	11%	44%