	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,180	£15,408	£15,793	£16,188	£16,673	£79,242
Total Expenses	£17,206	£17,275	£17,356	£17,439	£17,531	£86,807
Profit Before Tax	£-2,026	£-1,867	£-1,563	£-1,252	£-857	£-7,565
Profit After Tax	£-2,026	£-1,867	£-1,563	£-1,252	£-857	£-7,565
Change In Property Value	£3	£3	£6,900	£12,317	£16,390	£35,614
Net Return	£-2,022	£-1,863	£5,337	£11,065	£15,533	£28,049
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-7%
Total Net Return (%)	-2%	-2%	5%	10%	14%	26%