	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,756	£15,992	£16,392	£16,802	£17,306	£82,248
Total Expenses	£17,462	£17,531	£17,614	£17,699	£17,792	£88,099
Profit Before Tax	£-1,706	£-1,539	£-1,222	£-897	£-486	£-5,851
Profit After Tax	£-1,706	£-1,539	£-1,222	£-897	£-486	£-5,851
Change In Property Value	£4	£4	£7,000	£12,495	£16,628	£36,130
Net Return	£-1,702	£-1,536	£5,778	£11,598	£16,141	£30,279
Return From Rental Income (%)	-2%	-1%	-1%	-1%	0%	-5%
Total Net Return (%)	-2%	-1%	5%	10%	15%	27%