	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,496	£5,606	£5,746	£5,890	£6,037	£28,775
Total Expenses	£7,509	£7,566	£7,623	£7,681	£7,739	£38,118
Profit Before Tax	£-2,013	£-1,960	£-1,877	£-1,791	£-1,702	£-9,343
Profit After Tax	£-2,013	£-1,960	£-1,877	£-1,791	£-1,702	£-9,343
Change In Property Value	£3,750	£3,863	£6,631	£8,355	£8,856	£31,454
Net Return	£1,737	£1,902	£4,754	£6,563	£7,154	£22,111
Return From Rental Income (%)	-5%	-5%	-4%	-4%	-4%	-22%
Total Net Return (%)	4%	5%	11%	16%	17%	52%