	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,620	£4,689	£4,760	£4,879	£5,001	£23,948
Total Expenses	£6,271	£6,290	£6,308	£6,330	£6,353	£31,552
Profit Before Tax	£-1,651	£-1,601	£-1,548	£-1,451	£-1,352	£-7,603
Profit After Tax	£-1,651	£-1,601	£-1,548	£-1,451	£-1,352	£-7,603
Change In Property Value	£5,775	£9,393	£10,810	£11,459	£10,122	£47,558
Net Return	£4,124	£7,792	£9,262	£10,007	£8,770	£39,955
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-3%	-15%
Total Net Return (%)	8%	15%	18%	20%	17%	79%