	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,628	£14,847	£15,219	£15,599	£16,067	£76,360
Total Expenses	£16,355	£16,423	£16,503	£16,585	£16,675	£82,541
Profit Before Tax	£-1,727	£-1,576	£-1,285	£-986	£-608	£-6,181
Profit After Tax	£-1,727	£-1,576	£-1,285	£-986	£-608	£-6,181
Change In Property Value	£3	£3	£6,499	£11,601	£15,438	£33,544
Net Return	£-1,724	£-1,572	£5,215	£10,615	£14,830	£27,363
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-6%
Total Net Return (%)	-2%	-2%	5%	10%	15%	27%