	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,900	£3,958	£4,057	£4,159	£4,284	£20,359
Total Expenses	£6,258	£6,310	£6,363	£6,417	£6,472	£31,821
Profit Before Tax	£-2,358	£-2,352	£-2,306	£-2,258	£-2,188	£-11,462
Profit After Tax	£-2,358	£-2,352	£-2,306	£-2,258	£-2,188	£-11,462
Change In Property Value	£975	£985	£2,984	£4,098	£4,794	£13,836
Net Return	£-1,383	£-1,367	£678	£1,840	£2,606	£2,373
Return From Rental Income (%)	-8%	-8%	-8%	-7%	-7%	-38%
Total Net Return (%)	-5%	-5%	2%	6%	9%	8%