	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,800	£10,962	£11,236	£11,517	£11,862	£56,377
Total Expenses	£18,950	£19,012	£19,082	£19,154	£19,232	£95,430
Profit Before Tax	£-8,150	£-8,050	£-7,846	£-7,637	£-7,369	£-39,053
Profit After Tax	£-8,150	£-8,050	£-7,846	£-7,637	£-7,369	£-39,053
Change In Property Value	£4	£4	£8,000	£14,280	£19,003	£41,291
Net Return	£-8,146	£-8,046	£154	£6,643	£11,634	£2,238
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-30%
Total Net Return (%)	-6%	-6%	0%	5%	9%	2%