	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,972	£4,051	£4,153	£4,257	£4,363	£20,796
Total Expenses	£5,373	£5,427	£5,480	£5,534	£5,587	£27,400
Profit Before Tax	£-1,401	£-1,375	£-1,327	£-1,277	£-1,224	£-6,604
Profit After Tax	£-1,401	£-1,375	£-1,327	£-1,277	£-1,224	£-6,604
Change In Property Value	£2,250	£2,317	£3,978	£5,012	£5,313	£18,871
Net Return	£849	£942	£2,651	£3,735	£4,089	£12,267
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-26%
Total Net Return (%)	3%	4%	10%	15%	16%	48%