	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,928	£6,017	£6,167	£6,322	£6,511	£30,945
Total Expenses	£7,116	£7,171	£7,229	£7,288	£7,350	£36,153
Profit Before Tax	£-1,188	£-1,154	£-1,061	£-966	£-838	£-5,208
Profit After Tax	£-1,188	£-1,154	£-1,061	£-966	£-838	£-5,208
Change In Property Value	£1,140	£1,151	£3,489	£4,791	£5,606	£16,177
Net Return	£-48	£-2	£2,427	£3,825	£4,767	£10,970
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-2%	-15%
Total Net Return (%)	0%	0%	7%	11%	14%	31%