	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,944	£5,018	£5,144	£5,272	£5,430	£25,808
Total Expenses	£8,533	£8,552	£8,575	£8,599	£8,625	£42,883
Profit Before Tax	£-3,589	£-3,533	£-3,431	£-3,326	£-3,195	£-17,075
Profit After Tax	£-3,589	£-3,533	£-3,431	£-3,326	£-3,195	£-17,075
Change In Property Value	£3,800	£3,876	£7,907	£10,279	£10,793	£36,655
Net Return	£211	£343	£4,476	£6,953	£7,598	£19,581
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-29%
Total Net Return (%)	0%	1%	8%	12%	13%	34%