	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,684	£3,739	£3,833	£3,929	£4,046	£19,231
Total Expenses	£5,126	£5,177	£5,230	£5,283	£5,338	£26,153
Profit Before Tax	£-1,442	£-1,438	£-1,397	£-1,355	£-1,291	£-6,922
Profit After Tax	£-1,442	£-1,438	£-1,397	£-1,355	£-1,291	£-6,922
Change In Property Value	£2,085	£2,148	£4,055	£4,667	£4,947	£17,902
Net Return	£643	£709	£2,658	£3,313	£3,656	£10,980
Return From Rental Income (%)	-7%	-7%	-6%	-6%	-6%	-32%
Total Net Return (%)	3%	3%	12%	15%	17%	50%