	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,072	£15,298	£15,681	£16,073	£16,555	£78,678
Total Expenses	£16,798	£16,867	£16,948	£17,031	£17,122	£84,767
Profit Before Tax	£-1,726	£-1,569	£-1,268	£-959	£-567	£-6,089
Profit After Tax	£-1,726	£-1,569	£-1,268	£-959	£-567	£-6,089
Change In Property Value	£3	£3	£6,700	£11,960	£15,915	£34,582
Net Return	£-1,723	£-1,566	£5,433	£11,001	£15,348	£28,493
Return From Rental Income (%)	-2%	-1%	-1%	-1%	-1%	-6%
Total Net Return (%)	-2%	-1%	5%	10%	15%	27%