	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,376	£17,637	£18,078	£18,529	£19,085	£90,705
Total Expenses	£19,409	£19,481	£19,568	£19,657	£19,756	£97,872
Profit Before Tax	£-2,033	£-1,845	£-1,491	£-1,128	£-670	£-7,167
Profit After Tax	£-2,033	£-1,845	£-1,491	£-1,128	£-670	£-7,167
Change In Property Value	£4	£4	£7,900	£14,102	£18,765	£40,775
Net Return	£-2,029	£-1,841	£6,409	£12,974	£18,095	£33,608
Return From Rental Income (%)	-2%	-1%	-1%	-1%	-1%	-6%
Total Net Return (%)	-2%	-1%	5%	10%	14%	27%