	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,080	£4,162	£4,266	£4,372	£4,482	£21,361
Total Expenses	£5,582	£5,636	£5,690	£5,744	£5,798	£28,449
Profit Before Tax	£-1,502	£-1,475	£-1,424	£-1,372	£-1,316	£-7,088
Profit After Tax	£-1,502	£-1,475	£-1,424	£-1,372	£-1,316	£-7,088
Change In Property Value	£2,400	£2,472	£4,244	£5,347	£5,668	£20,130
Net Return	£898	£997	£2,820	£3,975	£4,352	£13,042
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-26%
Total Net Return (%)	3%	4%	10%	15%	16%	48%