	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,164	£4,247	£4,353	£4,462	£4,574	£21,801
Total Expenses	£5,789	£5,843	£5,897	£5,951	£6,005	£29,485
Profit Before Tax	£-1,625	£-1,596	£-1,543	£-1,489	£-1,431	£-7,684
Profit After Tax	£-1,625	£-1,596	£-1,543	£-1,489	£-1,431	£-7,684
Change In Property Value	£2,550	£2,627	£4,509	£5,681	£6,022	£21,388
Net Return	£925	£1,031	£2,966	£4,192	£4,591	£13,704
Return From Rental Income (%)	-6%	-5%	-5%	-5%	-5%	-26%
Total Net Return (%)	3%	4%	10%	14%	16%	47%