	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,852	£3,910	£3,968	£4,068	£4,169	£19,967
Total Expenses	£4,637	£4,693	£4,740	£4,792	£4,845	£23,707
Profit Before Tax	£-785	£-783	£-772	£-724	£-675	£-3,740
Profit After Tax	£-785	£-783	£-772	£-724	£-675	£-3,740
Change In Property Value	£1	£1,400	£2,499	£3,325	£2,317	£9,542
Net Return	£-785	£617	£1,727	£2,601	£1,641	£5,802
Return From Rental Income (%)	-4%	-4%	-4%	-3%	-3%	-17%
Total Net Return (%)	-4%	3%	8%	12%	7%	26%