	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,296	£4,360	£4,469	£4,581	£4,719	£22,426
Total Expenses	£6,298	£6,350	£6,404	£6,459	£6,516	£32,027
Profit Before Tax	£-2,002	£-1,990	£-1,935	£-1,878	£-1,797	£-9,602
Profit After Tax	£-2,002	£-1,990	£-1,935	£-1,878	£-1,797	£-9,602
Change In Property Value	£1	£1	£1,950	£3,481	£4,632	£10,065
Net Return	£-2,001	£-1,989	£15	£1,603	£2,835	£463
Return From Rental Income (%)	-7%	-7%	-6%	-6%	-6%	-32%
Total Net Return (%)	-7%	-7%	0%	5%	9%	2%