	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,300	£6,395	£6,490	£6,653	£6,819	£32,657
Total Expenses	£7,455	£7,514	£7,565	£7,623	£7,682	£37,838
Profit Before Tax	£-1,155	£-1,120	£-1,074	£-970	£-863	£-5,182
Profit After Tax	£-1,155	£-1,120	£-1,074	£-970	£-863	£-5,182
Change In Property Value	£1	£2,999	£5,353	£7,124	£4,963	£20,440
Net Return	£-1,153	£1,879	£4,279	£6,154	£4,100	£15,259
Return From Rental Income (%)	-3%	-2%	-2%	-2%	-2%	-11%
Total Net Return (%)	-3%	4%	9%	13%	9%	33%