	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,264	£6,389	£6,549	£6,713	£6,881	£32,796
Total Expenses	£8,538	£8,597	£8,655	£8,716	£8,775	£43,281
Profit Before Tax	£-2,274	£-2,207	£-2,106	£-2,003	£-1,895	£-10,485
Profit After Tax	£-2,274	£-2,207	£-2,106	£-2,003	£-1,895	£-10,485
Change In Property Value	£4,470	£4,604	£7,904	£9,959	£10,556	£37,493
Net Return	£2,196	£2,397	£5,797	£7,956	£8,662	£27,008
Return From Rental Income (%)	-5%	-4%	-4%	-4%	-4%	-21%
Total Net Return (%)	4%	5%	12%	16%	17%	54%