	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,900	£3,958	£4,018	£4,118	£4,221	£20,216
Total Expenses	£5,608	£5,663	£5,710	£5,762	£5,815	£28,558
Profit Before Tax	£-1,708	£-1,705	£-1,692	£-1,644	£-1,594	£-8,342
Profit After Tax	£-1,708	£-1,705	£-1,692	£-1,644	£-1,594	£-8,342
Change In Property Value	£1	£2,000	£3,570	£4,751	£3,310	£13,631
Net Return	£-1,707	£295	£1,878	£3,107	£1,716	£5,289
Return From Rental Income (%)	-6%	-5%	-5%	-5%	-5%	-27%
Total Net Return (%)	-6%	1%	6%	10%	6%	17%