	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,056	£7,197	£7,377	£7,561	£7,751	£36,942
Total Expenses	£9,371	£9,431	£9,492	£9,554	£9,616	£47,464
Profit Before Tax	£-2,315	£-2,234	£-2,115	£-1,993	£-1,865	£-10,522
Profit After Tax	£-2,315	£-2,234	£-2,115	£-1,993	£-1,865	£-10,522
Change In Property Value	£5,040	£5,191	£8,912	£11,229	£11,902	£42,274
Net Return	£2,725	£2,957	£6,797	£9,236	£10,037	£31,751
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-3%	-18%
Total Net Return (%)	5%	5%	12%	16%	18%	56%