	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,512	£4,580	£4,648	£4,765	£4,884	£23,388
Total Expenses	£5,990	£6,047	£6,095	£6,149	£6,203	£30,484
Profit Before Tax	£-1,478	£-1,468	£-1,447	£-1,384	£-1,319	£-7,096
Profit After Tax	£-1,478	£-1,468	£-1,447	£-1,384	£-1,319	£-7,096
Change In Property Value	£1,100	£3,333	£4,577	£5,355	£4,353	£18,719
Net Return	£-378	£1,865	£3,131	£3,972	£3,033	£11,623
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-4%	-21%
Total Net Return (%)	-1%	5%	9%	12%	9%	34%