	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,296	£4,360	£4,426	£4,536	£4,650	£22,269
Total Expenses	£5,567	£5,623	£5,671	£5,724	£5,778	£28,361
Profit Before Tax	£-1,271	£-1,263	£-1,245	£-1,187	£-1,128	£-6,093
Profit After Tax	£-1,271	£-1,263	£-1,245	£-1,187	£-1,128	£-6,093
Change In Property Value	£1	£1,950	£3,481	£4,632	£3,227	£13,291
Net Return	£-1,270	£687	£2,236	£3,445	£2,099	£7,198
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-4%	-20%
Total Net Return (%)	-4%	2%	7%	11%	7%	24%