	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,284	£7,393	£7,504	£7,692	£7,884	£37,757
Total Expenses	£11,737	£11,798	£11,850	£11,911	£11,973	£59,270
Profit Before Tax	£-4,453	£-4,405	£-4,346	£-4,219	£-4,089	£-21,513
Profit After Tax	£-4,453	£-4,405	£-4,346	£-4,219	£-4,089	£-21,513
Change In Property Value	£3	£5,600	£9,996	£13,302	£9,267	£38,168
Net Return	£-4,451	£1,195	£5,650	£9,083	£5,178	£16,655
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-25%
Total Net Return (%)	-5%	1%	7%	11%	6%	19%