	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,876	£13,069	£13,265	£13,597	£13,937	£66,744
Total Expenses	£13,905	£13,975	£14,035	£14,110	£14,187	£70,212
Profit Before Tax	£-1,029	£-906	£-770	£-513	£-250	£-3,469
Profit After Tax	£-1,029	£-906	£-770	£-513	£-250	£-3,469
Change In Property Value	£3	£6,600	£11,781	£15,677	£10,922	£44,984
Net Return	£-1,026	£5,695	£11,011	£15,164	£10,672	£41,515
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	-1%	5%	11%	15%	10%	40%