	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,356	£7,503	£7,691	£7,883	£8,080	£38,513
Total Expenses	£9,679	£9,739	£9,801	£9,864	£9,927	£49,010
Profit Before Tax	£-2,323	£-2,236	£-2,110	£-1,981	£-1,847	£-10,497
Profit After Tax	£-2,323	£-2,236	£-2,110	£-1,981	£-1,847	£-10,497
Change In Property Value	£5,250	£5,408	£9,283	£11,696	£12,398	£44,035
Net Return	£2,927	£3,171	£7,172	£9,715	£10,552	£33,538
Return From Rental Income (%)	-4%	-4%	-4%	-3%	-3%	-18%
Total Net Return (%)	5%	5%	12%	16%	18%	57%