	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,548	£4,616	£4,685	£4,803	£4,923	£23,575
Total Expenses	£6,638	£6,694	£6,742	£6,796	£6,850	£33,721
Profit Before Tax	£-2,090	£-2,078	£-2,057	£-1,993	£-1,928	£-10,146
Profit After Tax	£-2,090	£-2,078	£-2,057	£-1,993	£-1,928	£-10,146
Change In Property Value	£1	£2,600	£4,641	£6,176	£4,303	£17,721
Net Return	£-2,088	£522	£2,584	£4,183	£2,375	£7,575
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-25%
Total Net Return (%)	-5%	1%	6%	10%	6%	19%