	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,096	£6,187	£6,342	£6,501	£6,696	£31,822
Total Expenses	£9,441	£9,462	£9,488	£9,515	£9,545	£47,452
Profit Before Tax	£-3,345	£-3,275	£-3,146	£-3,014	£-2,849	£-15,630
Profit After Tax	£-3,345	£-3,275	£-3,146	£-3,014	£-2,849	£-15,630
Change In Property Value	£4,200	£4,284	£8,739	£11,361	£11,929	£40,514
Net Return	£855	£1,009	£5,593	£8,347	£9,080	£24,884
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-4%	-24%
Total Net Return (%)	1%	2%	9%	13%	14%	39%