	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,300	£15,529	£15,918	£16,316	£16,805	£79,868
Total Expenses	£17,018	£17,086	£17,168	£17,252	£17,344	£85,868
Profit Before Tax	£-1,718	£-1,557	£-1,251	£-936	£-538	£-6,000
Profit After Tax	£-1,718	£-1,557	£-1,251	£-936	£-538	£-6,000
Change In Property Value	£3	£3	£6,799	£12,136	£16,150	£35,093
Net Return	£-1,714	£-1,554	£5,549	£11,200	£15,612	£29,093
Return From Rental Income (%)	-2%	-1%	-1%	-1%	-1%	-6%
Total Net Return (%)	-2%	-1%	5%	10%	15%	27%