	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,400	£8,526	£8,739	£8,958	£9,226	£43,849
Total Expenses	£10,773	£10,832	£10,896	£10,962	£11,031	£54,493
Profit Before Tax	£-2,373	£-2,306	£-2,157	£-2,004	£-1,805	£-10,644
Profit After Tax	£-2,373	£-2,306	£-2,157	£-2,004	£-1,805	£-10,644
Change In Property Value	£2,000	£2,019	£6,119	£8,404	£9,832	£28,374
Net Return	£-374	£-286	£3,962	£6,400	£8,027	£17,730
Return From Rental Income (%)	-4%	-4%	-4%	-3%	-3%	-17%
Total Net Return (%)	-1%	0%	6%	10%	13%	29%