	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,612	£3,666	£3,758	£3,852	£3,967	£18,855
Total Expenses	£6,041	£6,092	£6,145	£6,198	£6,252	£30,728
Profit Before Tax	£-2,429	£-2,426	£-2,387	£-2,346	£-2,285	£-11,873
Profit After Tax	£-2,429	£-2,426	£-2,387	£-2,346	£-2,285	£-11,873
Change In Property Value	£928	£937	£2,838	£3,898	£4,561	£13,162
Net Return	£-1,502	£-1,490	£452	£1,552	£2,276	£1,289
Return From Rental Income (%)	-8%	-8%	-8%	-8%	-8%	-41%
Total Net Return (%)	-5%	-5%	2%	5%	8%	4%