	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,860	£14,068	£14,420	£14,780	£15,223	£72,351
Total Expenses	£15,882	£15,948	£16,027	£16,106	£16,193	£80,157
Profit Before Tax	£-2,022	£-1,881	£-1,607	£-1,326	£-970	£-7,806
Profit After Tax	£-2,022	£-1,881	£-1,607	£-1,326	£-970	£-7,806
Change In Property Value	£3	£3	£6,299	£11,244	£14,962	£32,512
Net Return	£-2,018	£-1,877	£4,692	£9,918	£13,992	£24,706
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-8%
Total Net Return (%)	-2%	-2%	5%	10%	14%	25%