	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,408	£15,639	£15,874	£16,271	£16,677	£79,869
Total Expenses	£16,250	£16,323	£16,387	£16,469	£16,552	£81,982
Profit Before Tax	£-842	£-684	£-514	£-198	£125	£-2,113
Profit After Tax	£-842	£-684	£-514	£-198	£125	£-2,113
Change In Property Value	£4	£7,900	£14,102	£18,765	£13,073	£53,844
Net Return	£-838	£7,216	£13,588	£18,567	£13,198	£51,731
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	-1%	6%	11%	15%	10%	41%