	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,520	£2,558	£2,622	£2,687	£2,768	£13,155
Total Expenses	£3,641	£3,690	£3,740	£3,790	£3,841	£18,702
Profit Before Tax	£-1,121	£-1,133	£-1,118	£-1,103	£-1,073	£-5,547
Profit After Tax	£-1,121	£-1,133	£-1,118	£-1,103	£-1,073	£-5,547
Change In Property Value	£1,050	£1,082	£2,042	£2,350	£2,491	£9,016
Net Return	£-71	£-51	£924	£1,248	£1,418	£3,468
Return From Rental Income (%)	-10%	-10%	-10%	-10%	-9%	-48%
Total Net Return (%)	-1%	0%	8%	11%	12%	30%