	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,756	£3,812	£3,908	£4,005	£4,125	£19,607
Total Expenses	£5,351	£5,403	£5,455	£5,509	£5,564	£27,282
Profit Before Tax	£-1,595	£-1,591	£-1,548	£-1,504	£-1,438	£-7,675
Profit After Tax	£-1,595	£-1,591	£-1,548	£-1,504	£-1,438	£-7,675
Change In Property Value	£1	£1	£1,500	£2,678	£3,563	£7,742
Net Return	£-1,594	£-1,590	£-48	£1,174	£2,125	£67
Return From Rental Income (%)	-7%	-7%	-7%	-6%	-6%	-33%
Total Net Return (%)	-7%	-7%	0%	5%	9%	0%