	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,448	£8,575	£8,789	£9,009	£9,279	£44,100
Total Expenses	£15,739	£15,798	£15,862	£15,928	£15,998	£79,325
Profit Before Tax	£-7,291	£-7,223	£-7,073	£-6,919	£-6,719	£-35,225
Profit After Tax	£-7,291	£-7,223	£-7,073	£-6,919	£-6,719	£-35,225
Change In Property Value	£3	£3	£6,500	£11,603	£15,440	£33,549
Net Return	£-7,288	£-7,220	£-573	£4,683	£8,721	£-1,676
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-34%
Total Net Return (%)	-7%	-7%	-1%	5%	9%	-2%