	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,356	£10,511	£10,774	£11,043	£11,375	£54,060
Total Expenses	£16,723	£16,785	£16,854	£16,925	£17,001	£84,289
Profit Before Tax	£-6,367	£-6,274	£-6,080	£-5,882	£-5,626	£-30,229
Profit After Tax	£-6,367	£-6,274	£-6,080	£-5,882	£-5,626	£-30,229
Change In Property Value	£3	£3	£6,900	£12,317	£16,390	£35,614
Net Return	£-6,364	£-6,270	£820	£6,435	£10,764	£5,385
Return From Rental Income (%)	-6%	-6%	-6%	-5%	-5%	-28%
Total Net Return (%)	-6%	-6%	1%	6%	10%	5%