	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,396	£6,492	£6,589	£6,754	£6,923	£33,154
Total Expenses	£9,073	£9,133	£9,183	£9,242	£9,301	£45,932
Profit Before Tax	£-2,677	£-2,641	£-2,594	£-2,488	£-2,378	£-12,777
Profit After Tax	£-2,677	£-2,641	£-2,594	£-2,488	£-2,378	£-12,777
Change In Property Value	£2	£3,999	£7,138	£9,499	£6,618	£27,256
Net Return	£-2,675	£1,358	£4,544	£7,011	£4,239	£14,479
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-4%	-21%
Total Net Return (%)	-4%	2%	7%	11%	7%	24%