	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,372	£6,468	£6,565	£6,729	£6,897	£33,030
Total Expenses	£10,520	£10,580	£10,630	£10,689	£10,748	£53,167
Profit Before Tax	£-4,148	£-4,112	£-4,066	£-3,960	£-3,851	£-20,137
Profit After Tax	£-4,148	£-4,112	£-4,066	£-3,960	£-3,851	£-20,137
Change In Property Value	£2	£4,900	£8,747	£11,639	£8,109	£33,397
Net Return	£-4,146	£788	£4,681	£7,679	£4,258	£13,260
Return From Rental Income (%)	-6%	-6%	-5%	-5%	-5%	-27%
Total Net Return (%)	-6%	1%	6%	10%	6%	18%