	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,736	£5,822	£5,968	£6,117	£6,300	£29,943
Total Expenses	£8,128	£8,183	£8,240	£8,299	£8,360	£41,209
Profit Before Tax	£-2,392	£-2,360	£-2,272	£-2,182	£-2,060	£-11,266
Profit After Tax	£-2,392	£-2,360	£-2,272	£-2,182	£-2,060	£-11,266
Change In Property Value	£2,100	£2,131	£5,048	£6,717	£7,800	£23,796
Net Return	£-292	£-229	£2,775	£4,535	£5,740	£12,530
Return From Rental Income (%)	-6%	-5%	-5%	-5%	-5%	-26%
Total Net Return (%)	-1%	-1%	6%	11%	13%	29%