	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,596	£4,665	£4,782	£4,901	£5,048	£23,992
Total Expenses	£6,030	£6,083	£6,138	£6,194	£6,251	£30,696
Profit Before Tax	£-1,434	£-1,418	£-1,356	£-1,293	£-1,203	£-6,704
Profit After Tax	£-1,434	£-1,418	£-1,356	£-1,293	£-1,203	£-6,704
Change In Property Value	£900	£909	£2,754	£3,783	£4,426	£12,771
Net Return	£-534	£-509	£1,398	£2,490	£3,223	£6,067
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-4%	-24%
Total Net Return (%)	-2%	-2%	5%	9%	12%	22%