	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,352	£8,477	£8,689	£8,906	£9,174	£43,599
Total Expenses	£10,371	£10,430	£10,494	£10,560	£10,629	£52,484
Profit Before Tax	£-2,019	£-1,953	£-1,805	£-1,653	£-1,455	£-8,886
Profit After Tax	£-2,019	£-1,953	£-1,805	£-1,653	£-1,455	£-8,886
Change In Property Value	£2	£2	£3,799	£6,781	£9,024	£19,608
Net Return	£-2,018	£-1,951	£1,994	£5,128	£7,569	£10,722
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-3%	-15%
Total Net Return (%)	-3%	-3%	3%	9%	13%	18%