	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,040	£5,116	£5,192	£5,322	£5,455	£26,125
Total Expenses	£6,365	£6,423	£6,471	£6,526	£6,582	£32,367
Profit Before Tax	£-1,325	£-1,307	£-1,279	£-1,204	£-1,127	£-6,242
Profit After Tax	£-1,325	£-1,307	£-1,279	£-1,204	£-1,127	£-6,242
Change In Property Value	£1,200	£3,636	£4,993	£5,842	£4,749	£20,420
Net Return	£-125	£2,329	£3,715	£4,638	£3,622	£14,179
Return From Rental Income (%)	-4%	-4%	-3%	-3%	-3%	-17%
Total Net Return (%)	0%	6%	10%	13%	10%	38%