	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,544	£5,627	£5,768	£5,912	£6,089	£28,940
Total Expenses	£7,553	£7,608	£7,665	£7,723	£7,783	£38,333
Profit Before Tax	£-2,009	£-1,981	£-1,897	£-1,811	£-1,694	£-9,392
Profit After Tax	£-2,009	£-1,981	£-1,897	£-1,811	£-1,694	£-9,392
Change In Property Value	£1	£1	£2,520	£4,498	£5,986	£13,007
Net Return	£-2,008	£-1,979	£623	£2,687	£4,292	£3,615
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-4%	-24%
Total Net Return (%)	-5%	-5%	2%	7%	11%	9%