	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,976	£6,066	£6,217	£6,373	£6,564	£31,196
Total Expenses	£11,723	£11,778	£11,836	£11,895	£11,957	£59,189
Profit Before Tax	£-5,747	£-5,712	£-5,619	£-5,523	£-5,393	£-27,994
Profit After Tax	£-5,747	£-5,712	£-5,619	£-5,523	£-5,393	£-27,994
Change In Property Value	£2	£2	£4,600	£8,211	£10,927	£23,743
Net Return	£-5,745	£-5,710	£-1,019	£2,689	£5,533	£-4,251
Return From Rental Income (%)	-8%	-8%	-8%	-8%	-8%	-40%
Total Net Return (%)	-8%	-8%	-1%	4%	8%	-6%