	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,136	£5,213	£5,343	£5,477	£5,641	£26,811
Total Expenses	£6,283	£6,336	£6,392	£6,450	£6,509	£31,970
Profit Before Tax	£-1,147	£-1,123	£-1,049	£-973	£-867	£-5,159
Profit After Tax	£-1,147	£-1,123	£-1,049	£-973	£-867	£-5,159
Change In Property Value	£3,325	£3,441	£5,597	£6,442	£6,828	£25,634
Net Return	£2,178	£2,318	£4,548	£5,469	£5,961	£20,474
Return From Rental Income (%)	-4%	-4%	-4%	-3%	-3%	-17%
Total Net Return (%)	7%	8%	15%	19%	20%	69%