	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,280	£5,359	£5,440	£5,576	£5,715	£27,369
Total Expenses	£6,389	£6,447	£6,496	£6,551	£6,608	£32,491
Profit Before Tax	£-1,109	£-1,088	£-1,056	£-976	£-893	£-5,122
Profit After Tax	£-1,109	£-1,088	£-1,056	£-976	£-893	£-5,122
Change In Property Value	£1	£2,400	£4,284	£5,701	£3,972	£16,358
Net Return	£-1,108	£1,312	£3,228	£4,725	£3,079	£11,236
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-2%	-14%
Total Net Return (%)	-3%	4%	9%	13%	8%	30%