	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,128	£7,235	£7,416	£7,601	£7,829	£37,209
Total Expenses	£8,862	£8,919	£8,980	£9,043	£9,108	£44,912
Profit Before Tax	£-1,734	£-1,684	£-1,564	£-1,441	£-1,279	£-7,703
Profit After Tax	£-1,734	£-1,684	£-1,564	£-1,441	£-1,279	£-7,703
Change In Property Value	£3,875	£3,972	£7,328	£9,360	£10,772	£35,307
Net Return	£2,141	£2,288	£5,764	£7,918	£9,493	£27,604
Return From Rental Income (%)	-4%	-4%	-3%	-3%	-3%	-16%
Total Net Return (%)	5%	5%	12%	17%	20%	58%