	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,396	£15,627	£16,018	£16,418	£16,911	£80,369
Total Expenses	£17,426	£17,495	£17,577	£17,661	£17,753	£87,911
Profit Before Tax	£-2,030	£-1,868	£-1,559	£-1,243	£-842	£-7,542
Profit After Tax	£-2,030	£-1,868	£-1,559	£-1,243	£-842	£-7,542
Change In Property Value	£4	£4	£7,000	£12,495	£16,628	£36,130
Net Return	£-2,026	£-1,865	£5,441	£11,252	£15,785	£28,588
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-7%
Total Net Return (%)	-2%	-2%	5%	10%	14%	26%