	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,432	£3,501	£3,588	£3,678	£3,770	£17,968
Total Expenses	£5,120	£5,173	£5,225	£5,278	£5,330	£26,126
Profit Before Tax	£-1,688	£-1,673	£-1,637	£-1,600	£-1,560	£-8,158
Profit After Tax	£-1,688	£-1,673	£-1,637	£-1,600	£-1,560	£-8,158
Change In Property Value	£2,100	£2,163	£3,713	£4,679	£4,959	£17,614
Net Return	£412	£490	£2,076	£3,079	£3,399	£9,456
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-6%	-34%
Total Net Return (%)	2%	2%	9%	13%	14%	39%