	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,480	£3,532	£3,621	£3,711	£3,822	£18,166
Total Expenses	£5,720	£5,772	£5,823	£5,876	£5,930	£29,122
Profit Before Tax	£-2,240	£-2,239	£-2,203	£-2,165	£-2,108	£-10,956
Profit After Tax	£-2,240	£-2,239	£-2,203	£-2,165	£-2,108	£-10,956
Change In Property Value	£850	£859	£2,601	£3,572	£4,180	£12,062
Net Return	£-1,390	£-1,381	£398	£1,407	£2,072	£1,106
Return From Rental Income (%)	-8%	-8%	-8%	-8%	-8%	-41%
Total Net Return (%)	-5%	-5%	2%	5%	8%	4%