	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,956	£14,165	£14,519	£14,882	£15,329	£72,852
Total Expenses	£15,695	£15,762	£15,840	£15,920	£16,008	£79,225
Profit Before Tax	£-1,739	£-1,596	£-1,321	£-1,038	£-679	£-6,373
Profit After Tax	£-1,739	£-1,596	£-1,321	£-1,038	£-679	£-6,373
Change In Property Value	£3	£3	£6,200	£11,067	£14,727	£32,001
Net Return	£-1,736	£-1,593	£4,879	£10,029	£14,049	£25,628
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-7%
Total Net Return (%)	-2%	-2%	5%	10%	14%	26%