	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,944	£5,018	£5,144	£5,272	£5,430	£25,808
Total Expenses	£10,031	£10,084	£10,140	£10,196	£10,255	£50,705
Profit Before Tax	£-5,087	£-5,066	£-4,996	£-4,924	£-4,824	£-24,897
Profit After Tax	£-5,087	£-5,066	£-4,996	£-4,924	£-4,824	£-24,897
Change In Property Value	£2	£2	£3,799	£6,781	£9,024	£19,608
Net Return	£-5,085	£-5,064	£-1,197	£1,857	£4,200	£-5,289
Return From Rental Income (%)	-9%	-9%	-9%	-8%	-8%	-43%
Total Net Return (%)	-9%	-9%	-2%	3%	7%	-9%