	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,200	£4,263	£4,327	£4,435	£4,546	£21,771
Total Expenses	£5,638	£5,694	£5,741	£5,794	£5,848	£28,714
Profit Before Tax	£-1,438	£-1,431	£-1,414	£-1,359	£-1,302	£-6,943
Profit After Tax	£-1,438	£-1,431	£-1,414	£-1,359	£-1,302	£-6,943
Change In Property Value	£1	£2,000	£3,570	£4,751	£3,310	£13,631
Net Return	£-1,437	£569	£2,156	£3,392	£2,008	£6,689
Return From Rental Income (%)	-5%	-5%	-5%	-4%	-4%	-22%
Total Net Return (%)	-5%	2%	7%	11%	6%	22%