	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,172	£17,430	£17,865	£18,312	£18,861	£89,640
Total Expenses	£18,853	£18,925	£19,012	£19,100	£19,198	£95,087
Profit Before Tax	£-1,681	£-1,495	£-1,146	£-788	£-336	£-5,447
Profit After Tax	£-1,681	£-1,495	£-1,146	£-788	£-336	£-5,447
Change In Property Value	£4	£4	£7,630	£13,620	£18,124	£39,382
Net Return	£-1,677	£-1,492	£6,484	£12,832	£17,788	£33,935
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	-1%	-1%	5%	11%	15%	28%