	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,776	£4,848	£4,969	£5,093	£5,246	£24,931
Total Expenses	£6,048	£6,102	£6,157	£6,213	£6,271	£30,790
Profit Before Tax	£-1,272	£-1,254	£-1,188	£-1,120	£-1,025	£-5,859
Profit After Tax	£-1,272	£-1,254	£-1,188	£-1,120	£-1,025	£-5,859
Change In Property Value	£900	£909	£2,754	£3,783	£4,426	£12,771
Net Return	£-372	£-345	£1,567	£2,663	£3,401	£6,913
Return From Rental Income (%)	-5%	-4%	-4%	-4%	-4%	-21%
Total Net Return (%)	-1%	-1%	6%	10%	12%	25%