	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,900	£3,978	£4,077	£4,179	£4,284	£20,419
Total Expenses	£5,366	£5,419	£5,472	£5,526	£5,579	£27,363
Profit Before Tax	£-1,466	£-1,441	£-1,395	£-1,347	£-1,296	£-6,945
Profit After Tax	£-1,466	£-1,441	£-1,395	£-1,347	£-1,296	£-6,945
Change In Property Value	£2,250	£2,318	£3,978	£5,013	£5,314	£18,872
Net Return	£784	£876	£2,583	£3,666	£4,018	£11,928
Return From Rental Income (%)	-6%	-6%	-5%	-5%	-5%	-27%
Total Net Return (%)	3%	3%	10%	14%	16%	46%