	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,380	£7,491	£7,678	£7,870	£8,106	£38,525
Total Expenses	£9,880	£9,937	£9,998	£10,061	£10,128	£50,003
Profit Before Tax	£-2,500	£-2,446	£-2,320	£-2,191	£-2,022	£-11,479
Profit After Tax	£-2,500	£-2,446	£-2,320	£-2,191	£-2,022	£-11,479
Change In Property Value	£2,700	£2,741	£6,490	£8,637	£10,028	£30,596
Net Return	£201	£295	£4,170	£6,445	£8,007	£19,118
Return From Rental Income (%)	-5%	-4%	-4%	-4%	-4%	-21%
Total Net Return (%)	0%	1%	8%	12%	15%	35%