	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,728	£4,799	£4,871	£4,993	£5,117	£24,508
Total Expenses	£6,945	£7,002	£7,050	£7,104	£7,160	£35,262
Profit Before Tax	£-2,217	£-2,203	£-2,180	£-2,112	£-2,042	£-10,754
Profit After Tax	£-2,217	£-2,203	£-2,180	£-2,112	£-2,042	£-10,754
Change In Property Value	£1	£2,780	£4,962	£6,603	£4,600	£18,948
Net Return	£-2,216	£577	£2,783	£4,492	£2,558	£8,194
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-25%
Total Net Return (%)	-5%	1%	7%	11%	6%	19%