	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,844	£8,977	£9,201	£9,431	£9,714	£46,167
Total Expenses	£13,517	£13,577	£13,642	£13,709	£13,780	£68,224
Profit Before Tax	£-4,673	£-4,600	£-4,441	£-4,278	£-4,066	£-22,058
Profit After Tax	£-4,673	£-4,600	£-4,441	£-4,278	£-4,066	£-22,058
Change In Property Value	£3	£3	£5,360	£9,568	£12,732	£27,665
Net Return	£-4,671	£-4,597	£919	£5,290	£8,666	£5,608
Return From Rental Income (%)	-6%	-6%	-5%	-5%	-5%	-27%
Total Net Return (%)	-6%	-6%	1%	6%	11%	7%