	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,324	£6,419	£6,579	£6,744	£6,946	£33,012
Total Expenses	£8,901	£8,957	£9,016	£9,076	£9,139	£45,088
Profit Before Tax	£-2,577	£-2,538	£-2,436	£-2,332	£-2,193	£-12,076
Profit After Tax	£-2,577	£-2,538	£-2,436	£-2,332	£-2,193	£-12,076
Change In Property Value	£2	£2	£3,160	£5,641	£7,506	£16,310
Net Return	£-2,575	£-2,536	£724	£3,309	£5,314	£4,235
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-25%
Total Net Return (%)	-5%	-5%	1%	7%	11%	9%