	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,592	£5,676	£5,761	£5,905	£6,053	£28,987
Total Expenses	£9,477	£9,535	£9,585	£9,641	£9,698	£47,936
Profit Before Tax	£-3,885	£-3,859	£-3,824	£-3,736	£-3,646	£-18,949
Profit After Tax	£-3,885	£-3,859	£-3,824	£-3,736	£-3,646	£-18,949
Change In Property Value	£2	£4,300	£7,676	£10,214	£7,116	£29,308
Net Return	£-3,883	£441	£3,852	£6,478	£3,470	£10,358
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-29%
Total Net Return (%)	-6%	1%	6%	10%	5%	16%