	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,256	£5,361	£5,495	£5,633	£5,773	£27,518
Total Expenses	£7,485	£7,541	£7,598	£7,655	£7,712	£37,992
Profit Before Tax	£-2,229	£-2,180	£-2,103	£-2,023	£-1,939	£-10,474
Profit After Tax	£-2,229	£-2,180	£-2,103	£-2,023	£-1,939	£-10,474
Change In Property Value	£3,750	£3,863	£6,631	£8,355	£8,856	£31,454
Net Return	£1,521	£1,682	£4,528	£6,332	£6,917	£20,980
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-25%
Total Net Return (%)	4%	4%	11%	15%	16%	50%