	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,756	£6,857	£6,960	£7,134	£7,313	£35,020
Total Expenses	£11,041	£11,101	£11,153	£11,212	£11,272	£55,779
Profit Before Tax	£-4,285	£-4,244	£-4,192	£-4,078	£-3,960	£-20,759
Profit After Tax	£-4,285	£-4,244	£-4,192	£-4,078	£-3,960	£-20,759
Change In Property Value	£3	£5,200	£9,282	£12,352	£8,605	£35,442
Net Return	£-4,283	£956	£5,090	£8,274	£4,645	£14,683
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-26%
Total Net Return (%)	-5%	1%	6%	10%	6%	18%