	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,836	£7,954	£8,073	£8,275	£8,482	£40,619
Total Expenses	£12,114	£12,176	£12,229	£12,291	£12,354	£61,165
Profit Before Tax	£-4,278	£-4,223	£-4,156	£-4,016	£-3,873	£-20,546
Profit After Tax	£-4,278	£-4,223	£-4,156	£-4,016	£-3,873	£-20,546
Change In Property Value	£3	£5,800	£10,353	£13,777	£9,598	£39,531
Net Return	£-4,275	£1,577	£6,197	£9,761	£5,725	£18,985
Return From Rental Income (%)	-5%	-5%	-5%	-4%	-4%	-23%
Total Net Return (%)	-5%	2%	7%	11%	6%	21%