	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,152	£7,259	£7,368	£7,552	£7,741	£37,073
Total Expenses	£11,563	£11,624	£11,676	£11,736	£11,798	£58,397
Profit Before Tax	£-4,411	£-4,365	£-4,308	£-4,184	£-4,057	£-21,324
Profit After Tax	£-4,411	£-4,365	£-4,308	£-4,184	£-4,057	£-21,324
Change In Property Value	£3	£5,500	£9,818	£13,064	£9,102	£37,486
Net Return	£-4,409	£1,135	£5,510	£8,881	£5,045	£16,162
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-25%
Total Net Return (%)	-5%	1%	7%	10%	6%	19%