	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,684	£3,739	£3,833	£3,929	£4,046	£19,231
Total Expenses	£5,542	£5,594	£5,646	£5,700	£5,754	£28,236
Profit Before Tax	£-1,858	£-1,855	£-1,813	£-1,771	£-1,708	£-9,005
Profit After Tax	£-1,858	£-1,855	£-1,813	£-1,771	£-1,708	£-9,005
Change In Property Value	£1	£1	£1,600	£2,856	£3,801	£8,258
Net Return	£-1,858	£-1,854	£-213	£1,085	£2,093	£-747
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-36%
Total Net Return (%)	-7%	-7%	-1%	4%	8%	-3%