	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,260	£7,405	£7,590	£7,780	£7,975	£38,010
Total Expenses	£9,272	£9,333	£9,394	£9,457	£9,519	£46,976
Profit Before Tax	£-2,012	£-1,928	£-1,804	£-1,677	£-1,545	£-8,966
Profit After Tax	£-2,012	£-1,928	£-1,804	£-1,677	£-1,545	£-8,966
Change In Property Value	£4,950	£5,099	£8,752	£11,028	£11,690	£41,519
Net Return	£2,938	£3,171	£6,948	£9,351	£10,145	£32,553
Return From Rental Income (%)	-4%	-3%	-3%	-3%	-3%	-16%
Total Net Return (%)	5%	6%	12%	17%	18%	58%