	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,944	£14,153	£14,507	£14,870	£15,316	£72,790
Total Expenses	£15,692	£15,759	£15,837	£15,917	£16,004	£79,209
Profit Before Tax	£-1,748	£-1,605	£-1,330	£-1,047	£-689	£-6,419
Profit After Tax	£-1,748	£-1,605	£-1,330	£-1,047	£-689	£-6,419
Change In Property Value	£3	£3	£6,199	£11,065	£14,725	£31,996
Net Return	£-1,745	£-1,602	£4,869	£10,018	£14,036	£25,577
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-7%
Total Net Return (%)	-2%	-2%	5%	10%	14%	26%