	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,460	£5,542	£5,625	£5,766	£5,910	£28,302
Total Expenses	£6,727	£6,785	£6,835	£6,891	£6,948	£34,185
Profit Before Tax	£-1,267	£-1,243	£-1,210	£-1,125	£-1,038	£-5,883
Profit After Tax	£-1,267	£-1,243	£-1,210	£-1,125	£-1,038	£-5,883
Change In Property Value	£1,300	£3,937	£5,407	£6,327	£5,142	£22,113
Net Return	£32	£2,694	£4,198	£5,202	£4,104	£16,231
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-3%	-15%
Total Net Return (%)	0%	7%	10%	13%	10%	41%