	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,880	£5,998	£6,148	£6,301	£6,459	£30,785
Total Expenses	£8,143	£8,200	£8,258	£8,317	£8,376	£41,294
Profit Before Tax	£-2,263	£-2,203	£-2,111	£-2,016	£-1,917	£-10,509
Profit After Tax	£-2,263	£-2,203	£-2,111	£-2,016	£-1,917	£-10,509
Change In Property Value	£4,200	£4,326	£7,426	£9,357	£9,919	£35,228
Net Return	£1,938	£2,123	£5,316	£7,341	£8,001	£24,719
Return From Rental Income (%)	-5%	-5%	-4%	-4%	-4%	-22%
Total Net Return (%)	4%	4%	11%	16%	17%	52%