	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,384	£9,525	£9,763	£10,007	£10,307	£48,986
Total Expenses	£16,230	£16,290	£16,356	£16,425	£16,497	£81,797
Profit Before Tax	£-6,846	£-6,765	£-6,593	£-6,418	£-6,190	£-32,812
Profit After Tax	£-6,846	£-6,765	£-6,593	£-6,418	£-6,190	£-32,812
Change In Property Value	£3	£3	£6,700	£11,960	£15,915	£34,582
Net Return	£-6,842	£-6,761	£107	£5,542	£9,725	£1,770
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-31%
Total Net Return (%)	-6%	-6%	0%	5%	9%	2%