	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,640	£2,680	£2,720	£2,788	£2,857	£13,685
Total Expenses	£4,303	£4,320	£4,334	£4,351	£4,369	£21,677
Profit Before Tax	£-1,663	£-1,640	£-1,614	£-1,563	£-1,511	£-7,992
Profit After Tax	£-1,663	£-1,640	£-1,614	£-1,563	£-1,511	£-7,992
Change In Property Value	£2,200	£4,488	£5,834	£6,126	£4,503	£23,151
Net Return	£537	£2,848	£4,220	£4,563	£2,991	£15,159
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-4%	-24%
Total Net Return (%)	2%	8%	12%	13%	9%	45%