	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,672	£3,745	£3,820	£3,916	£4,014	£19,167
Total Expenses	£4,780	£4,838	£4,886	£4,938	£4,990	£24,432
Profit Before Tax	£-1,108	£-1,092	£-1,066	£-1,022	£-976	£-5,264
Profit After Tax	£-1,108	£-1,092	£-1,066	£-1,022	£-976	£-5,264
Change In Property Value	£2,250	£3,863	£4,867	£5,159	£4,557	£20,695
Net Return	£1,142	£2,770	£3,801	£4,137	£3,581	£15,431
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-4%	-20%
Total Net Return (%)	4%	11%	15%	16%	14%	60%