	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,864	£3,922	£4,020	£4,121	£4,244	£20,171
Total Expenses	£5,957	£6,009	£6,062	£6,116	£6,171	£30,314
Profit Before Tax	£-2,093	£-2,087	£-2,042	£-1,995	£-1,927	£-10,143
Profit After Tax	£-2,093	£-2,087	£-2,042	£-1,995	£-1,927	£-10,143
Change In Property Value	£900	£909	£2,754	£3,783	£4,426	£12,771
Net Return	£-1,193	£-1,178	£713	£1,787	£2,499	£2,628
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-36%
Total Net Return (%)	-4%	-4%	3%	6%	9%	9%