	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,720	£6,854	£7,026	£7,201	£7,381	£35,183
Total Expenses	£9,020	£9,079	£9,140	£9,201	£9,262	£45,702
Profit Before Tax	£-2,300	£-2,225	£-2,114	£-2,000	£-1,880	£-10,519
Profit After Tax	£-2,300	£-2,225	£-2,114	£-2,000	£-1,880	£-10,519
Change In Property Value	£4,800	£4,944	£8,487	£10,694	£11,336	£40,261
Net Return	£2,500	£2,719	£6,373	£8,694	£9,455	£29,742
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-3%	-19%
Total Net Return (%)	5%	5%	12%	16%	17%	55%