	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,700	£2,754	£2,809	£2,879	£2,951	£14,094
Total Expenses	£3,718	£3,773	£3,820	£3,869	£3,918	£19,098
Profit Before Tax	£-1,018	£-1,019	£-1,011	£-989	£-967	£-5,004
Profit After Tax	£-1,018	£-1,019	£-1,011	£-989	£-967	£-5,004
Change In Property Value	£1,350	£2,318	£2,920	£3,095	£2,734	£12,417
Net Return	£332	£1,298	£1,909	£2,106	£1,767	£7,413
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-32%
Total Net Return (%)	2%	8%	12%	13%	11%	47%