	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,664	£2,704	£2,772	£2,841	£2,926	£13,906
Total Expenses	£3,734	£3,784	£3,834	£3,885	£3,936	£19,174
Profit Before Tax	£-1,070	£-1,080	£-1,063	£-1,044	£-1,010	£-5,267
Profit After Tax	£-1,070	£-1,080	£-1,063	£-1,044	£-1,010	£-5,267
Change In Property Value	£1,110	£1,143	£2,159	£2,485	£2,634	£9,531
Net Return	£40	£63	£1,096	£1,441	£1,624	£4,263
Return From Rental Income (%)	-9%	-9%	-9%	-9%	-8%	-44%
Total Net Return (%)	0%	1%	9%	12%	13%	35%