	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,520	£2,558	£2,596	£2,661	£2,728	£13,063
Total Expenses	£3,539	£3,593	£3,638	£3,686	£3,735	£18,191
Profit Before Tax	£-1,019	£-1,035	£-1,041	£-1,025	£-1,008	£-5,128
Profit After Tax	£-1,019	£-1,035	£-1,041	£-1,025	£-1,008	£-5,128
Change In Property Value	£1,200	£2,266	£2,608	£2,764	£2,198	£11,036
Net Return	£181	£1,231	£1,567	£1,740	£1,190	£5,908
Return From Rental Income (%)	-8%	-8%	-8%	-8%	-8%	-39%
Total Net Return (%)	1%	9%	12%	13%	9%	45%