	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,444	£6,541	£6,704	£6,872	£7,078	£33,639
Total Expenses	£8,594	£8,649	£8,709	£8,769	£8,833	£43,553
Profit Before Tax	£-2,150	£-2,109	£-2,004	£-1,897	£-1,755	£-9,915
Profit After Tax	£-2,150	£-2,109	£-2,004	£-1,897	£-1,755	£-9,915
Change In Property Value	£1	£1	£2,999	£5,353	£7,124	£15,479
Net Return	£-2,148	£-2,107	£995	£3,456	£5,369	£5,564
Return From Rental Income (%)	-5%	-5%	-4%	-4%	-4%	-22%
Total Net Return (%)	-5%	-5%	2%	8%	12%	12%