	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,376	£8,502	£8,714	£8,932	£9,200	£43,724
Total Expenses	£13,550	£13,608	£13,673	£13,738	£13,808	£68,377
Profit Before Tax	£-5,174	£-5,107	£-4,958	£-4,806	£-4,608	£-24,653
Profit After Tax	£-5,174	£-5,107	£-4,958	£-4,806	£-4,608	£-24,653
Change In Property Value	£3	£3	£5,400	£9,639	£12,827	£27,872
Net Return	£-5,171	£-5,104	£442	£4,833	£8,219	£3,219
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-30%
Total Net Return (%)	-6%	-6%	1%	6%	10%	4%