	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,796	£15,018	£15,243	£15,624	£16,015	£76,696
Total Expenses	£15,976	£16,010	£16,043	£16,092	£16,141	£80,263
Profit Before Tax	£-1,180	£-992	£-800	£-467	£-127	£-3,566
Profit After Tax	£-1,180	£-992	£-800	£-467	£-127	£-3,566
Change In Property Value	£4,350	£13,181	£18,101	£21,178	£17,213	£74,024
Net Return	£3,170	£12,188	£17,301	£20,711	£17,087	£70,457
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	2%	9%	12%	15%	12%	50%