	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,956	£5,030	£5,156	£5,285	£5,444	£25,871
Total Expenses	£6,860	£6,913	£6,969	£7,026	£7,084	£34,852
Profit Before Tax	£-1,904	£-1,883	£-1,813	£-1,741	£-1,641	£-8,981
Profit After Tax	£-1,904	£-1,883	£-1,813	£-1,741	£-1,641	£-8,981
Change In Property Value	£1	£1	£2,200	£3,927	£5,226	£11,355
Net Return	£-1,903	£-1,882	£387	£2,186	£3,585	£2,375
Return From Rental Income (%)	-6%	-6%	-5%	-5%	-5%	-26%
Total Net Return (%)	-6%	-6%	1%	6%	11%	7%