	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,840	£16,078	£16,480	£16,892	£17,398	£82,687
Total Expenses	£17,867	£17,937	£18,020	£18,105	£18,198	£90,127
Profit Before Tax	£-2,027	£-1,859	£-1,540	£-1,213	£-800	£-7,440
Profit After Tax	£-2,027	£-1,859	£-1,540	£-1,213	£-800	£-7,440
Change In Property Value	£4	£4	£7,200	£12,852	£17,103	£37,162
Net Return	£-2,023	£-1,856	£5,660	£11,639	£16,303	£29,722
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-6%
Total Net Return (%)	-2%	-2%	5%	10%	14%	26%