	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,316	£5,396	£5,477	£5,614	£5,754	£27,556
Total Expenses	£6,811	£6,869	£6,918	£6,973	£7,030	£34,601
Profit Before Tax	£-1,495	£-1,473	£-1,441	£-1,360	£-1,276	£-7,045
Profit After Tax	£-1,495	£-1,473	£-1,441	£-1,360	£-1,276	£-7,045
Change In Property Value	£4,655	£7,571	£8,714	£9,236	£8,159	£38,335
Net Return	£3,160	£6,098	£7,272	£7,877	£6,883	£31,289
Return From Rental Income (%)	-4%	-4%	-4%	-3%	-3%	-17%
Total Net Return (%)	8%	15%	18%	19%	17%	77%