	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,940	£2,999	£3,074	£3,151	£3,229	£15,393
Total Expenses	£4,675	£4,726	£4,777	£4,828	£4,879	£23,885
Profit Before Tax	£-1,735	£-1,728	£-1,703	£-1,678	£-1,650	£-8,492
Profit After Tax	£-1,735	£-1,728	£-1,703	£-1,678	£-1,650	£-8,492
Change In Property Value	£1,800	£1,854	£3,183	£4,010	£4,251	£15,098
Net Return	£66	£126	£1,480	£2,332	£2,601	£6,605
Return From Rental Income (%)	-8%	-8%	-8%	-8%	-8%	-41%
Total Net Return (%)	0%	1%	7%	11%	13%	32%