	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,080	£4,162	£4,245	£4,351	£4,460	£21,297
Total Expenses	£5,465	£5,523	£5,572	£5,625	£5,678	£27,862
Profit Before Tax	£-1,385	£-1,361	£-1,327	£-1,274	£-1,218	£-6,565
Profit After Tax	£-1,385	£-1,361	£-1,327	£-1,274	£-1,218	£-6,565
Change In Property Value	£2,850	£4,893	£6,165	£6,534	£5,772	£26,214
Net Return	£1,465	£3,531	£4,837	£5,261	£4,554	£19,649
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-4%	-20%
Total Net Return (%)	5%	11%	15%	16%	14%	61%