	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,996	£4,076	£4,157	£4,261	£4,368	£20,859
Total Expenses	£5,617	£5,675	£5,724	£5,776	£5,830	£28,623
Profit Before Tax	£-1,621	£-1,599	£-1,567	£-1,515	£-1,462	£-7,764
Profit After Tax	£-1,621	£-1,599	£-1,567	£-1,515	£-1,462	£-7,764
Change In Property Value	£3,000	£5,150	£6,489	£6,878	£6,076	£27,593
Net Return	£1,379	£3,551	£4,922	£5,363	£4,614	£19,829
Return From Rental Income (%)	-5%	-5%	-5%	-4%	-4%	-23%
Total Net Return (%)	4%	10%	14%	16%	14%	58%