	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,248	£4,312	£4,420	£4,530	£4,666	£22,175
Total Expenses	£5,797	£5,850	£5,903	£5,958	£6,014	£29,523
Profit Before Tax	£-1,549	£-1,538	£-1,484	£-1,428	£-1,349	£-7,348
Profit After Tax	£-1,549	£-1,538	£-1,484	£-1,428	£-1,349	£-7,348
Change In Property Value	£2,550	£2,627	£4,960	£5,708	£6,051	£21,895
Net Return	£1,001	£1,089	£3,476	£4,280	£4,702	£14,548
Return From Rental Income (%)	-6%	-6%	-6%	-5%	-5%	-28%
Total Net Return (%)	4%	4%	13%	16%	18%	55%