	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,356	£4,421	£4,488	£4,600	£4,715	£22,580
Total Expenses	£5,553	£5,609	£5,657	£5,710	£5,764	£28,292
Profit Before Tax	£-1,197	£-1,188	£-1,169	£-1,110	£-1,049	£-5,712
Profit After Tax	£-1,197	£-1,188	£-1,169	£-1,110	£-1,049	£-5,712
Change In Property Value	£1	£1,938	£3,458	£4,602	£3,206	£13,205
Net Return	£-1,196	£750	£2,289	£3,492	£2,157	£7,493
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-3%	-19%
Total Net Return (%)	-4%	2%	8%	12%	7%	25%