	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,864	£6,967	£7,141	£7,320	£7,539	£35,831
Total Expenses	£8,876	£8,932	£8,992	£9,054	£9,119	£44,973
Profit Before Tax	£-2,012	£-1,965	£-1,851	£-1,734	£-1,579	£-9,142
Profit After Tax	£-2,012	£-1,965	£-1,851	£-1,734	£-1,579	£-9,142
Change In Property Value	£2	£2	£3,120	£5,569	£7,411	£16,104
Net Return	£-2,010	£-1,963	£1,269	£3,835	£5,832	£6,962
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-3%	-19%
Total Net Return (%)	-4%	-4%	3%	8%	12%	15%