	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,720	£6,821	£6,991	£7,166	£7,381	£35,079
Total Expenses	£8,599	£8,656	£8,716	£8,777	£8,841	£43,588
Profit Before Tax	£-1,879	£-1,835	£-1,724	£-1,611	£-1,460	£-8,509
Profit After Tax	£-1,879	£-1,835	£-1,724	£-1,611	£-1,460	£-8,509
Change In Property Value	£1	£1	£2,988	£5,334	£7,098	£15,422
Net Return	£-1,878	£-1,833	£1,264	£3,723	£5,638	£6,913
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-3%	-19%
Total Net Return (%)	-4%	-4%	3%	8%	12%	15%