	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,756	£3,812	£3,908	£4,005	£4,125	£19,607
Total Expenses	£5,351	£5,403	£5,455	£5,509	£5,564	£27,282
Profit Before Tax	£-1,595	£-1,591	£-1,548	£-1,504	£-1,438	£-7,675
Profit After Tax	£-1,595	£-1,591	£-1,548	£-1,504	£-1,438	£-7,675
Change In Property Value	£2,250	£2,318	£4,376	£5,037	£5,339	£19,319
Net Return	£655	£727	£2,829	£3,533	£3,901	£11,644
Return From Rental Income (%)	-7%	-7%	-7%	-6%	-6%	-33%
Total Net Return (%)	3%	3%	12%	15%	17%	50%