	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,856	£8,989	£9,214	£9,444	£9,727	£46,230
Total Expenses	£14,590	£14,649	£14,714	£14,781	£14,852	£73,587
Profit Before Tax	£-5,734	£-5,660	£-5,501	£-5,337	£-5,125	£-27,357
Profit After Tax	£-5,734	£-5,660	£-5,501	£-5,337	£-5,125	£-27,357
Change In Property Value	£3	£3	£5,900	£10,532	£14,015	£30,452
Net Return	£-5,731	£-5,657	£399	£5,194	£8,890	£3,095
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-30%
Total Net Return (%)	-6%	-6%	0%	6%	10%	3%