	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,520	£2,570	£2,622	£2,687	£2,755	£13,154
Total Expenses	£3,539	£3,594	£3,640	£3,689	£3,738	£18,200
Profit Before Tax	£-1,019	£-1,024	£-1,018	£-1,001	£-983	£-5,046
Profit After Tax	£-1,019	£-1,024	£-1,018	£-1,001	£-983	£-5,046
Change In Property Value	£1,200	£2,060	£2,596	£2,751	£2,430	£11,037
Net Return	£181	£1,036	£1,577	£1,750	£1,447	£5,992
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-36%
Total Net Return (%)	1%	7%	11%	12%	10%	42%