	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,704	£7,858	£8,055	£8,256	£8,462	£40,335
Total Expenses	£9,714	£9,775	£9,838	£9,902	£9,965	£49,192
Profit Before Tax	£-2,010	£-1,917	£-1,783	£-1,646	£-1,503	£-8,858
Profit After Tax	£-2,010	£-1,917	£-1,783	£-1,646	£-1,503	£-8,858
Change In Property Value	£5,250	£5,408	£9,283	£11,696	£12,398	£44,035
Net Return	£3,240	£3,491	£7,500	£10,051	£10,896	£35,177
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-3%	-15%
Total Net Return (%)	5%	6%	13%	17%	18%	59%