	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,644	£4,714	£4,784	£4,904	£5,027	£24,073
Total Expenses	£6,197	£6,254	£6,302	£6,356	£6,410	£31,518
Profit Before Tax	£-1,553	£-1,540	£-1,517	£-1,452	£-1,384	£-7,445
Profit After Tax	£-1,553	£-1,540	£-1,517	£-1,452	£-1,384	£-7,445
Change In Property Value	£4,060	£6,603	£7,600	£8,056	£7,116	£33,435
Net Return	£2,507	£5,063	£6,082	£6,604	£5,732	£25,989
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-4%	-21%
Total Net Return (%)	7%	14%	17%	18%	16%	73%