	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,676	£17,941	£18,210	£18,666	£19,132	£91,625
Total Expenses	£18,729	£18,805	£18,873	£18,961	£19,050	£94,419
Profit Before Tax	£-1,053	£-864	£-663	£-295	£82	£-2,794
Profit After Tax	£-1,053	£-864	£-663	£-295	£82	£-2,794
Change In Property Value	£5	£9,300	£16,601	£22,091	£15,390	£63,386
Net Return	£-1,048	£8,436	£15,938	£21,796	£15,472	£60,592
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	-1%	6%	11%	14%	10%	40%