	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,508	£8,636	£8,852	£9,073	£9,345	£44,413
Total Expenses	£15,348	£15,407	£15,472	£15,538	£15,608	£77,373
Profit Before Tax	£-6,840	£-6,772	£-6,620	£-6,465	£-6,263	£-32,960
Profit After Tax	£-6,840	£-6,772	£-6,620	£-6,465	£-6,263	£-32,960
Change In Property Value	£3	£3	£6,300	£11,246	£14,965	£32,517
Net Return	£-6,837	£-6,768	£-320	£4,781	£8,702	£-443
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-6%	-33%
Total Net Return (%)	-7%	-7%	0%	5%	9%	0%