	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,964	£6,053	£6,144	£6,298	£6,455	£30,915
Total Expenses	£6,860	£6,919	£6,969	£7,026	£7,084	£34,857
Profit Before Tax	£-896	£-865	£-824	£-728	£-629	£-3,942
Profit After Tax	£-896	£-865	£-824	£-728	£-629	£-3,942
Change In Property Value	£1	£2,650	£4,730	£6,295	£4,385	£18,062
Net Return	£-894	£1,785	£3,906	£5,567	£3,756	£14,120
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-2%	-10%
Total Net Return (%)	-2%	4%	10%	14%	9%	35%