	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,252	£15,481	£15,868	£16,264	£16,752	£79,618
Total Expenses	£16,975	£17,044	£17,126	£17,209	£17,301	£85,654
Profit Before Tax	£-1,723	£-1,563	£-1,258	£-945	£-548	£-6,037
Profit After Tax	£-1,723	£-1,563	£-1,258	£-945	£-548	£-6,037
Change In Property Value	£3	£3	£6,780	£12,103	£16,105	£34,994
Net Return	£-1,720	£-1,560	£5,522	£11,158	£15,557	£28,958
Return From Rental Income (%)	-2%	-1%	-1%	-1%	-1%	-6%
Total Net Return (%)	-2%	-1%	5%	10%	15%	27%