	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,080	£10,231	£10,487	£10,749	£11,072	£52,619
Total Expenses	£15,902	£15,963	£16,032	£16,102	£16,177	£80,177
Profit Before Tax	£-5,822	£-5,732	£-5,545	£-5,353	£-5,105	£-27,558
Profit After Tax	£-5,822	£-5,732	£-5,545	£-5,353	£-5,105	£-27,558
Change In Property Value	£3	£3	£6,500	£11,603	£15,440	£33,549
Net Return	£-5,819	£-5,729	£955	£6,250	£10,335	£5,991
Return From Rental Income (%)	-6%	-6%	-5%	-5%	-5%	-27%
Total Net Return (%)	-6%	-6%	1%	6%	10%	6%