	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,684	£3,739	£3,795	£3,890	£3,987	£19,096
Total Expenses	£6,069	£6,124	£6,171	£6,222	£6,274	£30,860
Profit Before Tax	£-2,385	£-2,385	£-2,375	£-2,332	£-2,287	£-11,763
Profit After Tax	£-2,385	£-2,385	£-2,375	£-2,332	£-2,287	£-11,763
Change In Property Value	£4,025	£6,546	£7,534	£7,986	£7,055	£33,147
Net Return	£1,640	£4,162	£5,159	£5,655	£4,768	£21,383
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-6%	-33%
Total Net Return (%)	5%	12%	15%	16%	13%	60%