	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,152	£16,394	£16,640	£17,056	£17,483	£83,725
Total Expenses	£17,398	£17,435	£17,470	£17,522	£17,575	£87,400
Profit Before Tax	£-1,246	£-1,041	£-830	£-466	£-93	£-3,675
Profit After Tax	£-1,246	£-1,041	£-830	£-466	£-93	£-3,675
Change In Property Value	£5	£9,500	£16,958	£22,566	£15,721	£64,749
Net Return	£-1,242	£8,459	£16,128	£22,100	£15,628	£61,074
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-2%
Total Net Return (%)	-1%	5%	10%	14%	10%	39%