	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,404	£13,605	£13,809	£14,154	£14,508	£69,481
Total Expenses	£14,119	£14,189	£14,251	£14,327	£14,405	£71,291
Profit Before Tax	£-715	£-584	£-441	£-173	£103	£-1,810
Profit After Tax	£-715	£-584	£-441	£-173	£103	£-1,810
Change In Property Value	£5,025	£11,901	£15,837	£18,388	£13,515	£64,666
Net Return	£4,310	£11,317	£15,395	£18,216	£13,619	£62,856
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	4%	11%	15%	17%	13%	59%