	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,168	£6,261	£6,417	£6,577	£6,775	£32,198
Total Expenses	£8,181	£8,236	£8,295	£8,355	£8,417	£41,485
Profit Before Tax	£-2,013	£-1,976	£-1,878	£-1,778	£-1,643	£-9,287
Profit After Tax	£-2,013	£-1,976	£-1,878	£-1,778	£-1,643	£-9,287
Change In Property Value	£1	£1	£2,805	£5,007	£6,663	£14,478
Net Return	£-2,012	£-1,975	£927	£3,229	£5,020	£5,190
Return From Rental Income (%)	-5%	-5%	-4%	-4%	-4%	-22%
Total Net Return (%)	-5%	-5%	2%	7%	12%	12%