	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,004	£8,124	£8,246	£8,452	£8,663	£41,489
Total Expenses	£10,844	£10,906	£10,959	£11,022	£11,086	£54,817
Profit Before Tax	£-2,840	£-2,782	£-2,713	£-2,570	£-2,422	£-13,328
Profit After Tax	£-2,840	£-2,782	£-2,713	£-2,570	£-2,422	£-13,328
Change In Property Value	£3	£5,000	£8,925	£11,877	£8,274	£34,079
Net Return	£-2,838	£2,218	£6,212	£9,307	£5,852	£20,751
Return From Rental Income (%)	-4%	-4%	-4%	-3%	-3%	-18%
Total Net Return (%)	-4%	3%	8%	12%	8%	27%