	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,896	£4,994	£5,119	£5,247	£5,378	£25,633
Total Expenses	£6,457	£6,513	£6,568	£6,625	£6,681	£32,844
Profit Before Tax	£-1,561	£-1,519	£-1,450	£-1,378	£-1,303	£-7,211
Profit After Tax	£-1,561	£-1,519	£-1,450	£-1,378	£-1,303	£-7,211
Change In Property Value	£3,000	£3,090	£5,305	£6,684	£7,085	£25,163
Net Return	£1,439	£1,571	£3,855	£5,305	£5,782	£17,952
Return From Rental Income (%)	-5%	-4%	-4%	-4%	-4%	-21%
Total Net Return (%)	4%	5%	11%	16%	17%	53%