	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,596	£4,665	£4,782	£4,901	£5,048	£23,992
Total Expenses	£5,713	£5,766	£5,820	£5,876	£5,934	£29,109
Profit Before Tax	£-1,117	£-1,101	£-1,039	£-975	£-886	£-5,117
Profit After Tax	£-1,117	£-1,101	£-1,039	£-975	£-886	£-5,117
Change In Property Value	£1	£1	£1,640	£2,927	£3,896	£8,465
Net Return	£-1,116	£-1,100	£601	£1,952	£3,010	£3,347
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-3%	-20%
Total Net Return (%)	-4%	-4%	2%	8%	12%	13%