	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,140	£7,247	£7,428	£7,614	£7,842	£37,272
Total Expenses	£9,457	£9,513	£9,575	£9,637	£9,702	£47,884
Profit Before Tax	£-2,317	£-2,266	£-2,146	£-2,023	£-1,860	£-10,613
Profit After Tax	£-2,317	£-2,266	£-2,146	£-2,023	£-1,860	£-10,613
Change In Property Value	£2	£2	£3,399	£6,067	£8,074	£17,544
Net Return	£-2,315	£-2,265	£1,253	£4,044	£6,214	£6,931
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-4%	-20%
Total Net Return (%)	-4%	-4%	2%	8%	12%	13%