	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,196	£5,274	£5,353	£5,487	£5,624	£26,934
Total Expenses	£6,702	£6,760	£6,809	£6,864	£6,921	£34,056
Profit Before Tax	£-1,506	£-1,486	£-1,456	£-1,377	£-1,297	£-7,123
Profit After Tax	£-1,506	£-1,486	£-1,456	£-1,377	£-1,297	£-7,123
Change In Property Value	£4,550	£7,400	£8,517	£9,028	£7,975	£37,470
Net Return	£3,044	£5,914	£7,061	£7,651	£6,678	£30,348
Return From Rental Income (%)	-4%	-4%	-4%	-3%	-3%	-18%
Total Net Return (%)	8%	15%	18%	19%	17%	76%