	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,360	£15,590	£15,980	£16,380	£16,871	£80,181
Total Expenses	£17,075	£17,144	£17,226	£17,310	£17,402	£86,157
Profit Before Tax	£-1,715	£-1,554	£-1,246	£-930	£-531	£-5,976
Profit After Tax	£-1,715	£-1,554	£-1,246	£-930	£-531	£-5,976
Change In Property Value	£3	£3	£6,825	£12,183	£16,212	£35,227
Net Return	£-1,712	£-1,550	£5,579	£11,253	£15,681	£29,251
Return From Rental Income (%)	-2%	-1%	-1%	-1%	0%	-6%
Total Net Return (%)	-2%	-1%	5%	10%	15%	27%