	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,504	£6,602	£6,701	£6,868	£7,040	£33,714
Total Expenses	£10,694	£10,754	£10,805	£10,863	£10,923	£54,039
Profit Before Tax	£-4,190	£-4,152	£-4,104	£-3,995	£-3,883	£-20,325
Profit After Tax	£-4,190	£-4,152	£-4,104	£-3,995	£-3,883	£-20,325
Change In Property Value	£3	£5,000	£8,925	£11,877	£8,274	£34,079
Net Return	£-4,188	£848	£4,821	£7,881	£4,391	£13,753
Return From Rental Income (%)	-6%	-5%	-5%	-5%	-5%	-27%
Total Net Return (%)	-6%	1%	6%	10%	6%	18%