	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,120	£6,212	£6,305	£6,463	£6,624	£31,724
Total Expenses	£8,404	£8,463	£8,513	£8,571	£8,629	£42,579
Profit Before Tax	£-2,284	£-2,251	£-2,208	£-2,108	£-2,005	£-10,856
Profit After Tax	£-2,284	£-2,251	£-2,208	£-2,108	£-2,005	£-10,856
Change In Property Value	£3,600	£7,344	£9,547	£10,025	£7,368	£37,884
Net Return	£1,317	£5,093	£7,339	£7,917	£5,363	£27,028
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-4%	-20%
Total Net Return (%)	2%	9%	13%	14%	10%	49%