	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,160	£2,192	£2,225	£2,281	£2,338	£11,197
Total Expenses	£3,610	£3,626	£3,639	£3,655	£3,672	£18,203
Profit Before Tax	£-1,450	£-1,433	£-1,414	£-1,375	£-1,334	£-7,006
Profit After Tax	£-1,450	£-1,433	£-1,414	£-1,375	£-1,334	£-7,006
Change In Property Value	£1,799	£3,670	£4,771	£5,009	£3,682	£18,931
Net Return	£349	£2,236	£3,357	£3,635	£2,348	£11,925
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-25%
Total Net Return (%)	1%	8%	12%	13%	8%	43%