	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,328	£5,408	£5,543	£5,682	£5,852	£27,813
Total Expenses	£7,948	£8,002	£8,059	£8,117	£8,176	£40,303
Profit Before Tax	£-2,620	£-2,595	£-2,516	£-2,435	£-2,324	£-12,490
Profit After Tax	£-2,620	£-2,595	£-2,516	£-2,435	£-2,324	£-12,490
Change In Property Value	£1	£1	£2,730	£4,873	£6,485	£14,091
Net Return	£-2,619	£-2,593	£214	£2,438	£4,161	£1,601
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-30%
Total Net Return (%)	-6%	-6%	1%	6%	10%	4%