	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,864	£3,941	£4,040	£4,141	£4,244	£20,230
Total Expenses	£5,283	£5,336	£5,389	£5,443	£5,496	£26,948
Profit Before Tax	£-1,419	£-1,395	£-1,349	£-1,302	£-1,252	£-6,717
Profit After Tax	£-1,419	£-1,395	£-1,349	£-1,302	£-1,252	£-6,717
Change In Property Value	£2,190	£2,256	£3,872	£4,879	£5,172	£18,369
Net Return	£771	£861	£2,523	£3,577	£3,920	£11,651
Return From Rental Income (%)	-6%	-6%	-5%	-5%	-5%	-27%
Total Net Return (%)	3%	3%	10%	14%	16%	46%