	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,636	£3,709	£3,801	£3,896	£3,994	£19,037
Total Expenses	£5,141	£5,194	£5,246	£5,300	£5,352	£26,233
Profit Before Tax	£-1,505	£-1,485	£-1,445	£-1,403	£-1,358	£-7,197
Profit After Tax	£-1,505	£-1,485	£-1,445	£-1,403	£-1,358	£-7,197
Change In Property Value	£2,100	£2,163	£3,713	£4,679	£4,959	£17,614
Net Return	£595	£678	£2,268	£3,275	£3,601	£10,417
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-30%
Total Net Return (%)	2%	3%	9%	14%	15%	43%