	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,964	£9,098	£9,326	£9,559	£9,846	£46,793
Total Expenses	£14,005	£14,065	£14,131	£14,198	£14,269	£70,668
Profit Before Tax	£-5,041	£-4,966	£-4,805	£-4,639	£-4,423	£-23,874
Profit After Tax	£-5,041	£-4,966	£-4,805	£-4,639	£-4,423	£-23,874
Change In Property Value	£3	£3	£5,600	£9,996	£13,302	£28,904
Net Return	£-5,039	£-4,964	£795	£5,358	£8,879	£5,030
Return From Rental Income (%)	-6%	-6%	-6%	-5%	-5%	-28%
Total Net Return (%)	-6%	-6%	1%	6%	10%	6%