	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,800	£4,872	£4,945	£5,069	£5,195	£24,881
Total Expenses	£6,341	£6,398	£6,447	£6,501	£6,556	£32,242
Profit Before Tax	£-1,541	£-1,526	£-1,501	£-1,432	£-1,361	£-7,361
Profit After Tax	£-1,541	£-1,526	£-1,501	£-1,432	£-1,361	£-7,361
Change In Property Value	£1,200	£3,636	£4,993	£5,842	£4,749	£20,420
Net Return	£-341	£2,110	£3,492	£4,410	£3,388	£13,059
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-4%	-20%
Total Net Return (%)	-1%	6%	9%	12%	9%	35%