	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,044	£7,185	£7,365	£7,549	£7,737	£36,879
Total Expenses	£9,052	£9,112	£9,173	£9,236	£9,297	£45,871
Profit Before Tax	£-2,008	£-1,928	£-1,809	£-1,687	£-1,560	£-8,992
Profit After Tax	£-2,008	£-1,928	£-1,809	£-1,687	£-1,560	£-8,992
Change In Property Value	£4,800	£4,944	£8,487	£10,694	£11,336	£40,261
Net Return	£2,792	£3,016	£6,678	£9,007	£9,776	£31,269
Return From Rental Income (%)	-4%	-4%	-3%	-3%	-3%	-17%
Total Net Return (%)	5%	6%	12%	17%	18%	58%