	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,568	£5,652	£5,793	£5,938	£6,116	£29,066
Total Expenses	£6,723	£6,777	£6,834	£6,892	£6,953	£34,179
Profit Before Tax	£-1,155	£-1,126	£-1,041	£-955	£-837	£-5,114
Profit After Tax	£-1,155	£-1,126	£-1,041	£-955	£-837	£-5,114
Change In Property Value	£1,050	£1,061	£3,213	£4,413	£5,163	£14,900
Net Return	£-105	£-65	£2,172	£3,458	£4,326	£9,786
Return From Rental Income (%)	-4%	-3%	-3%	-3%	-3%	-16%
Total Net Return (%)	0%	0%	7%	11%	13%	30%