	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,720	£3,794	£3,889	£3,986	£4,086	£19,476
Total Expenses	£4,753	£4,806	£4,858	£4,912	£4,965	£24,293
Profit Before Tax	£-1,033	£-1,012	£-969	£-925	£-878	£-4,817
Profit After Tax	£-1,033	£-1,012	£-969	£-925	£-878	£-4,817
Change In Property Value	£1,800	£1,854	£3,183	£4,010	£4,251	£15,098
Net Return	£768	£842	£2,214	£3,085	£3,372	£10,281
Return From Rental Income (%)	-5%	-5%	-5%	-4%	-4%	-23%
Total Net Return (%)	4%	4%	11%	15%	16%	49%