	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,040	£5,141	£5,269	£5,401	£5,536	£26,387
Total Expenses	£6,273	£6,329	£6,385	£6,442	£6,498	£31,928
Profit Before Tax	£-1,233	£-1,188	£-1,116	£-1,041	£-962	£-5,540
Profit After Tax	£-1,233	£-1,188	£-1,116	£-1,041	£-962	£-5,540
Change In Property Value	£2,850	£2,936	£5,039	£6,349	£6,730	£23,905
Net Return	£1,617	£1,747	£3,924	£5,308	£5,768	£18,364
Return From Rental Income (%)	-4%	-4%	-3%	-3%	-3%	-17%
Total Net Return (%)	5%	5%	12%	16%	18%	57%