	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,400	£5,481	£5,618	£5,758	£5,931	£28,189
Total Expenses	£7,301	£7,355	£7,412	£7,470	£7,530	£37,067
Profit Before Tax	£-1,901	£-1,874	£-1,794	£-1,711	£-1,598	£-8,878
Profit After Tax	£-1,901	£-1,874	£-1,794	£-1,711	£-1,598	£-8,878
Change In Property Value	£3,000	£3,075	£5,673	£7,246	£8,340	£27,334
Net Return	£1,099	£1,201	£3,880	£5,535	£6,741	£18,456
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-4%	-24%
Total Net Return (%)	3%	3%	10%	15%	18%	50%