	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,804	£9,951	£10,200	£10,455	£10,768	£51,178
Total Expenses	£14,087	£14,148	£14,216	£14,285	£14,359	£71,096
Profit Before Tax	£-4,283	£-4,197	£-4,016	£-3,830	£-3,591	£-19,918
Profit After Tax	£-4,283	£-4,197	£-4,016	£-3,830	£-3,591	£-19,918
Change In Property Value	£3	£3	£5,599	£9,994	£13,300	£28,899
Net Return	£-4,281	£-4,194	£1,583	£6,164	£9,709	£8,981
Return From Rental Income (%)	-5%	-5%	-5%	-4%	-4%	-23%
Total Net Return (%)	-5%	-5%	2%	7%	11%	10%