	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	£4,040	£4,095	£4,142	£4,190	£4,240	£20,707
Profit Before Tax	£-1,340	£-1,341	£-1,332	£-1,311	£-1,289	£-6,613
Profit After Tax	£-1,340	£-1,341	£-1,332	£-1,311	£-1,289	£-6,613
Change In Property Value	£1,650	£2,833	£3,569	£3,783	£3,342	£15,176
Net Return	£310	£1,491	£2,236	£2,472	£2,053	£8,563
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-35%
Total Net Return (%)	2%	8%	12%	13%	11%	45%