	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,852	£3,929	£4,027	£4,128	£4,231	£20,167
Total Expenses	£5,162	£5,216	£5,269	£5,323	£5,376	£26,346
Profit Before Tax	£-1,310	£-1,287	£-1,242	£-1,195	£-1,145	£-6,179
Profit After Tax	£-1,310	£-1,287	£-1,242	£-1,195	£-1,145	£-6,179
Change In Property Value	£2,100	£2,163	£3,713	£4,679	£4,959	£17,614
Net Return	£790	£876	£2,471	£3,484	£3,815	£11,435
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-26%
Total Net Return (%)	3%	4%	10%	14%	16%	47%