	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,960	£4,019	£4,080	£4,182	£4,286	£20,527
Total Expenses	£7,705	£7,761	£7,808	£7,860	£7,913	£39,046
Profit Before Tax	£-3,745	£-3,741	£-3,728	£-3,678	£-3,627	£-18,519
Profit After Tax	£-3,745	£-3,741	£-3,728	£-3,678	£-3,627	£-18,519
Change In Property Value	£3,300	£6,732	£8,752	£9,189	£6,754	£34,727
Net Return	£-445	£2,991	£5,023	£5,511	£3,127	£16,207
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-37%
Total Net Return (%)	-1%	6%	10%	11%	6%	32%