	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,996	£4,056	£4,157	£4,261	£4,389	£20,860
Total Expenses	£5,574	£5,626	£5,679	£5,733	£5,788	£28,399
Profit Before Tax	£-1,578	£-1,570	£-1,521	£-1,472	£-1,399	£-7,540
Profit After Tax	£-1,578	£-1,570	£-1,521	£-1,472	£-1,399	£-7,540
Change In Property Value	£2,000	£2,050	£3,782	£4,831	£5,560	£18,223
Net Return	£422	£480	£2,261	£3,359	£4,161	£10,683
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-30%
Total Net Return (%)	2%	2%	9%	13%	17%	43%