	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,592	£5,676	£5,818	£5,963	£6,142	£29,191
Total Expenses	£6,923	£6,978	£7,035	£7,093	£7,154	£35,184
Profit Before Tax	£-1,331	£-1,302	£-1,217	£-1,130	£-1,012	£-5,993
Profit After Tax	£-1,331	£-1,302	£-1,217	£-1,130	£-1,012	£-5,993
Change In Property Value	£1	£1	£2,200	£3,927	£5,226	£11,355
Net Return	£-1,330	£-1,301	£983	£2,797	£4,214	£5,363
Return From Rental Income (%)	-4%	-4%	-4%	-3%	-3%	-18%
Total Net Return (%)	-4%	-4%	3%	8%	12%	16%