	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,128	£4,190	£4,295	£4,402	£4,534	£21,549
Total Expenses	£5,190	£5,242	£5,296	£5,350	£5,406	£26,484
Profit Before Tax	£-1,062	£-1,052	£-1,001	£-948	£-872	£-4,936
Profit After Tax	£-1,062	£-1,052	£-1,001	£-948	£-872	£-4,936
Change In Property Value	£1,750	£1,794	£3,309	£4,227	£4,865	£15,945
Net Return	£688	£741	£2,308	£3,279	£3,993	£11,009
Return From Rental Income (%)	-5%	-5%	-5%	-4%	-4%	-22%
Total Net Return (%)	3%	3%	10%	15%	18%	50%