	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,708	£3,764	£3,820	£3,916	£4,013	£19,221
Total Expenses	£4,623	£4,679	£4,725	£4,777	£4,829	£23,633
Profit Before Tax	£-915	£-915	£-905	£-861	£-816	£-4,412
Profit After Tax	£-915	£-915	£-905	£-861	£-816	£-4,412
Change In Property Value	£1	£1,400	£2,499	£3,325	£2,317	£9,542
Net Return	£-914	£485	£1,594	£2,464	£1,501	£5,130
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-4%	-20%
Total Net Return (%)	-4%	2%	7%	11%	7%	23%