	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,352	£17,612	£17,876	£18,323	£18,781	£89,946
Total Expenses	£18,053	£18,129	£18,197	£18,283	£18,372	£91,033
Profit Before Tax	£-701	£-517	£-320	£40	£410	£-1,088
Profit After Tax	£-701	£-517	£-320	£40	£410	£-1,088
Change In Property Value	£4	£8,900	£15,887	£21,141	£14,728	£60,660
Net Return	£-697	£8,383	£15,567	£21,181	£15,138	£59,572
Return From Rental Income (%)	0%	0%	0%	0%	0%	-1%
Total Net Return (%)	0%	6%	11%	15%	10%	41%