	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,832	£2,874	£2,946	£3,020	£3,111	£14,783
Total Expenses	£4,069	£4,119	£4,169	£4,220	£4,272	£20,848
Profit Before Tax	£-1,237	£-1,244	£-1,223	£-1,200	£-1,161	£-6,065
Profit After Tax	£-1,237	£-1,244	£-1,223	£-1,200	£-1,161	£-6,065
Change In Property Value	£1,350	£1,391	£2,626	£3,022	£3,203	£11,591
Net Return	£113	£146	£1,403	£1,822	£2,042	£5,526
Return From Rental Income (%)	-9%	-9%	-8%	-8%	-8%	-42%
Total Net Return (%)	1%	1%	10%	13%	14%	38%