	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,180	£3,244	£3,325	£3,408	£3,493	£16,649
Total Expenses	£4,897	£4,949	£5,000	£5,052	£5,104	£25,003
Profit Before Tax	£-1,717	£-1,706	£-1,676	£-1,645	£-1,611	£-8,353
Profit After Tax	£-1,717	£-1,706	£-1,676	£-1,645	£-1,611	£-8,353
Change In Property Value	£1,950	£2,009	£3,448	£4,344	£4,605	£16,356
Net Return	£233	£303	£1,772	£2,700	£2,994	£8,002
Return From Rental Income (%)	-8%	-8%	-7%	-7%	-7%	-37%
Total Net Return (%)	1%	1%	8%	12%	13%	36%