	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,492	£3,544	£3,598	£3,687	£3,780	£18,101
Total Expenses	£4,726	£4,744	£4,760	£4,779	£4,799	£23,808
Profit Before Tax	£-1,234	£-1,200	£-1,162	£-1,092	£-1,019	£-5,707
Profit After Tax	£-1,234	£-1,200	£-1,162	£-1,092	£-1,019	£-5,707
Change In Property Value	£2,410	£4,916	£6,391	£6,711	£4,933	£25,361
Net Return	£1,176	£3,717	£5,229	£5,619	£3,913	£19,654
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-3%	-15%
Total Net Return (%)	3%	10%	14%	15%	11%	53%