	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,444	£9,586	£9,825	£10,071	£10,373	£49,299
Total Expenses	£14,649	£14,709	£14,776	£14,844	£14,917	£73,894
Profit Before Tax	£-5,205	£-5,123	£-4,950	£-4,773	£-4,544	£-24,595
Profit After Tax	£-5,205	£-5,123	£-4,950	£-4,773	£-4,544	£-24,595
Change In Property Value	£3	£3	£5,900	£10,532	£14,015	£30,452
Net Return	£-5,202	£-5,120	£950	£5,759	£9,471	£5,858
Return From Rental Income (%)	-6%	-6%	-5%	-5%	-5%	-27%
Total Net Return (%)	-6%	-6%	1%	6%	10%	6%