	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,396	£3,447	£3,499	£3,586	£3,676	£17,603
Total Expenses	£4,612	£4,630	£4,645	£4,664	£4,684	£23,235
Profit Before Tax	£-1,216	£-1,183	£-1,146	£-1,078	£-1,008	£-5,632
Profit After Tax	£-1,216	£-1,183	£-1,146	£-1,078	£-1,008	£-5,632
Change In Property Value	£2,345	£4,784	£6,219	£6,530	£4,799	£24,677
Net Return	£1,129	£3,601	£5,072	£5,452	£3,791	£19,045
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-3%	-16%
Total Net Return (%)	3%	10%	14%	15%	10%	53%