	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,952	£15,176	£15,556	£15,945	£16,423	£78,051
Total Expenses	£16,390	£16,458	£16,539	£16,622	£16,712	£82,720
Profit Before Tax	£-1,438	£-1,282	£-983	£-677	£-289	£-4,669
Profit After Tax	£-1,438	£-1,282	£-983	£-677	£-289	£-4,669
Change In Property Value	£3	£3	£6,500	£11,603	£15,440	£33,549
Net Return	£-1,434	£-1,278	£5,517	£10,926	£15,151	£28,880
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-5%
Total Net Return (%)	-1%	-1%	5%	11%	15%	28%