	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,100	£5,176	£5,254	£5,386	£5,520	£26,436
Total Expenses	£7,336	£7,394	£7,443	£7,498	£7,554	£37,224
Profit Before Tax	£-2,236	£-2,217	£-2,189	£-2,112	£-2,034	£-10,788
Profit After Tax	£-2,236	£-2,217	£-2,189	£-2,112	£-2,034	£-10,788
Change In Property Value	£2	£3,000	£5,355	£7,126	£4,964	£20,447
Net Return	£-2,235	£783	£3,167	£5,014	£2,931	£9,659
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-4%	-23%
Total Net Return (%)	-5%	2%	7%	11%	6%	21%