	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,600	£9,744	£9,988	£10,237	£10,544	£50,113
Total Expenses	£15,656	£15,716	£15,784	£15,853	£15,926	£78,935
Profit Before Tax	£-6,056	£-5,972	£-5,796	£-5,615	£-5,382	£-28,821
Profit After Tax	£-6,056	£-5,972	£-5,796	£-5,615	£-5,382	£-28,821
Change In Property Value	£3	£3	£6,400	£11,424	£15,202	£33,033
Net Return	£-6,053	£-5,969	£604	£5,809	£9,821	£4,212
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-5%	-29%
Total Net Return (%)	-6%	-6%	1%	6%	10%	4%