	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,252	£6,346	£6,504	£6,667	£6,867	£32,636
Total Expenses	£7,585	£7,640	£7,699	£7,759	£7,822	£38,504
Profit Before Tax	£-1,333	£-1,294	£-1,194	£-1,092	£-955	£-5,867
Profit After Tax	£-1,333	£-1,294	£-1,194	£-1,092	£-955	£-5,867
Change In Property Value	£1,250	£1,263	£3,825	£5,254	£6,147	£17,738
Net Return	£-83	£-32	£2,631	£4,162	£5,192	£11,871
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-2%	-15%
Total Net Return (%)	0%	0%	7%	11%	13%	31%