	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,476	£7,588	£7,702	£7,895	£8,092	£38,752
Total Expenses	£9,826	£9,887	£9,940	£10,001	£10,063	£49,717
Profit Before Tax	£-2,350	£-2,299	£-2,238	£-2,106	£-1,971	£-10,965
Profit After Tax	£-2,350	£-2,299	£-2,238	£-2,106	£-1,971	£-10,965
Change In Property Value	£2	£4,400	£7,854	£10,452	£7,281	£29,989
Net Return	£-2,348	£2,101	£5,616	£8,345	£5,310	£19,025
Return From Rental Income (%)	-4%	-3%	-3%	-3%	-3%	-16%
Total Net Return (%)	-4%	3%	8%	12%	8%	28%