	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,052	£8,173	£8,295	£8,503	£8,715	£41,738
Total Expenses	£10,205	£10,268	£10,321	£10,383	£10,447	£51,624
Profit Before Tax	£-2,153	£-2,095	£-2,025	£-1,881	£-1,732	£-9,886
Profit After Tax	£-2,153	£-2,095	£-2,025	£-1,881	£-1,732	£-9,886
Change In Property Value	£2	£4,600	£8,211	£10,927	£7,612	£31,352
Net Return	£-2,151	£2,505	£6,186	£9,046	£5,880	£21,466
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-2%	-14%
Total Net Return (%)	-3%	4%	9%	13%	8%	31%