	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,044	£13,240	£13,571	£13,910	£14,327	£68,091
Total Expenses	£14,808	£14,874	£14,950	£15,028	£15,112	£74,771
Profit Before Tax	£-1,764	£-1,634	£-1,379	£-1,118	£-785	£-6,680
Profit After Tax	£-1,764	£-1,634	£-1,379	£-1,118	£-785	£-6,680
Change In Property Value	£3	£3	£5,799	£10,351	£13,775	£29,931
Net Return	£-1,761	£-1,631	£4,420	£9,234	£12,990	£23,251
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-7%
Total Net Return (%)	-2%	-2%	5%	10%	14%	26%