	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,300	£15,529	£15,918	£16,316	£16,805	£79,868
Total Expenses	£17,020	£17,088	£17,170	£17,254	£17,345	£85,878
Profit Before Tax	£-1,720	£-1,559	£-1,252	£-938	£-540	£-6,010
Profit After Tax	£-1,720	£-1,559	£-1,252	£-938	£-540	£-6,010
Change In Property Value	£3	£3	£6,800	£12,138	£16,153	£35,098
Net Return	£-1,716	£-1,556	£5,548	£11,200	£15,612	£29,088
Return From Rental Income (%)	-2%	-1%	-1%	-1%	-1%	-6%
Total Net Return (%)	-2%	-1%	5%	10%	15%	27%