	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,024	£6,114	£6,206	£6,361	£6,520	£31,226
Total Expenses	£7,107	£7,166	£7,216	£7,273	£7,332	£36,094
Profit Before Tax	£-1,083	£-1,052	£-1,010	£-912	£-812	£-4,868
Profit After Tax	£-1,083	£-1,052	£-1,010	£-912	£-812	£-4,868
Change In Property Value	£1	£2,800	£4,998	£6,651	£4,634	£19,084
Net Return	£-1,081	£1,748	£3,988	£5,739	£3,822	£14,215
Return From Rental Income (%)	-3%	-2%	-2%	-2%	-2%	-11%
Total Net Return (%)	-3%	4%	9%	13%	9%	33%