	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,756	£9,902	£10,150	£10,404	£10,716	£50,928
Total Expenses	£15,870	£15,931	£15,998	£16,068	£16,141	£80,008
Profit Before Tax	£-6,114	£-6,028	£-5,848	£-5,664	£-5,426	£-29,080
Profit After Tax	£-6,114	£-6,028	£-5,848	£-5,664	£-5,426	£-29,080
Change In Property Value	£3	£3	£6,500	£11,603	£15,440	£33,549
Net Return	£-6,111	£-6,025	£652	£5,939	£10,014	£4,469
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-5%	-28%
Total Net Return (%)	-6%	-6%	1%	6%	10%	4%