	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,552	£3,623	£3,714	£3,806	£3,902	£18,597
Total Expenses	£5,013	£5,067	£5,119	£5,172	£5,224	£25,594
Profit Before Tax	£-1,461	£-1,443	£-1,405	£-1,365	£-1,322	£-6,997
Profit After Tax	£-1,461	£-1,443	£-1,405	£-1,365	£-1,322	£-6,997
Change In Property Value	£2,010	£2,070	£3,554	£4,478	£4,747	£16,859
Net Return	£549	£627	£2,149	£3,113	£3,424	£9,862
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-30%
Total Net Return (%)	2%	3%	9%	13%	15%	43%