	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,236	£4,321	£4,429	£4,539	£4,653	£22,178
Total Expenses	£5,597	£5,652	£5,706	£5,761	£5,815	£28,530
Profit Before Tax	£-1,361	£-1,331	£-1,277	£-1,221	£-1,162	£-6,352
Profit After Tax	£-1,361	£-1,331	£-1,277	£-1,221	£-1,162	£-6,352
Change In Property Value	£2,400	£2,472	£4,243	£5,347	£5,667	£20,129
Net Return	£1,038	£1,141	£2,966	£4,125	£4,506	£13,777
Return From Rental Income (%)	-5%	-5%	-5%	-4%	-4%	-23%
Total Net Return (%)	4%	4%	11%	15%	16%	50%