	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,668	£4,761	£4,880	£5,002	£5,127	£24,440
Total Expenses	£5,958	£6,014	£6,068	£6,124	£6,180	£30,344
Profit Before Tax	£-1,290	£-1,252	£-1,188	£-1,122	£-1,052	£-5,905
Profit After Tax	£-1,290	£-1,252	£-1,188	£-1,122	£-1,052	£-5,905
Change In Property Value	£2,640	£2,719	£4,668	£5,882	£6,235	£22,143
Net Return	£1,350	£1,467	£3,480	£4,760	£5,182	£16,239
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-4%	-20%
Total Net Return (%)	4%	5%	12%	16%	17%	54%