	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,956	£5,030	£5,156	£5,285	£5,444	£25,871
Total Expenses	£6,364	£6,417	£6,473	£6,530	£6,588	£32,372
Profit Before Tax	£-1,408	£-1,387	£-1,317	£-1,245	£-1,145	£-6,501
Profit After Tax	£-1,408	£-1,387	£-1,317	£-1,245	£-1,145	£-6,501
Change In Property Value	£1	£1	£1,950	£3,481	£4,632	£10,065
Net Return	£-1,407	£-1,386	£633	£2,236	£3,487	£3,564
Return From Rental Income (%)	-5%	-5%	-4%	-4%	-4%	-21%
Total Net Return (%)	-5%	-5%	2%	7%	12%	12%