	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,572	£4,641	£4,710	£4,828	£4,949	£23,699
Total Expenses	£5,723	£5,780	£5,828	£5,881	£5,936	£29,148
Profit Before Tax	£-1,151	£-1,139	£-1,118	£-1,053	£-987	£-5,449
Profit After Tax	£-1,151	£-1,139	£-1,118	£-1,053	£-987	£-5,449
Change In Property Value	£1	£2,030	£3,624	£4,822	£3,359	£13,836
Net Return	£-1,150	£891	£2,506	£3,769	£2,372	£8,387
Return From Rental Income (%)	-4%	-4%	-4%	-3%	-3%	-17%
Total Net Return (%)	-4%	3%	8%	12%	8%	27%