	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,068	£13,264	£13,463	£13,800	£14,145	£67,739
Total Expenses	£14,085	£14,155	£14,216	£14,291	£14,369	£71,116
Profit Before Tax	£-1,017	£-891	£-753	£-492	£-224	£-3,377
Profit After Tax	£-1,017	£-891	£-753	£-492	£-224	£-3,377
Change In Property Value	£3	£6,700	£11,960	£15,915	£11,087	£45,665
Net Return	£-1,014	£5,809	£11,207	£15,423	£10,863	£42,288
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	-1%	5%	11%	15%	10%	40%