	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£1,440	£1,462	£1,484	£1,521	£1,559	£7,464
Total Expenses	£2,574	£2,589	£2,601	£2,616	£2,630	£13,010
Profit Before Tax	£-1,134	£-1,127	£-1,118	£-1,095	£-1,071	£-5,546
Profit After Tax	£-1,134	£-1,127	£-1,118	£-1,095	£-1,071	£-5,546
Change In Property Value	£1,200	£2,448	£3,182	£3,341	£2,456	£12,627
Net Return	£66	£1,320	£2,064	£2,246	£1,384	£7,081
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-29%
Total Net Return (%)	0%	7%	11%	12%	7%	37%