	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,716	£16,967	£17,391	£17,826	£18,360	£87,260
Total Expenses	£18,746	£18,817	£18,903	£18,990	£19,086	£94,542
Profit Before Tax	£-2,030	£-1,850	£-1,512	£-1,164	£-726	£-7,282
Profit After Tax	£-2,030	£-1,850	£-1,512	£-1,164	£-726	£-7,282
Change In Property Value	£4	£4	£7,599	£13,564	£18,050	£39,222
Net Return	£-2,026	£-1,847	£6,087	£12,400	£17,325	£31,940
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-6%
Total Net Return (%)	-2%	-2%	5%	10%	14%	26%