	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,320	£4,385	£4,494	£4,607	£4,745	£22,551
Total Expenses	£5,804	£5,857	£5,911	£5,966	£6,022	£29,560
Profit Before Tax	£-1,484	£-1,472	£-1,416	£-1,359	£-1,277	£-7,009
Profit After Tax	£-1,484	£-1,472	£-1,416	£-1,359	£-1,277	£-7,009
Change In Property Value	£1	£1	£1,700	£3,035	£4,038	£8,774
Net Return	£-1,484	£-1,471	£284	£1,675	£2,761	£1,765
Return From Rental Income (%)	-6%	-6%	-5%	-5%	-5%	-26%
Total Net Return (%)	-6%	-6%	1%	6%	10%	7%