	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,572	£16,821	£17,073	£17,500	£17,937	£85,902
Total Expenses	£17,332	£17,406	£17,473	£17,557	£17,644	£87,411
Profit Before Tax	£-760	£-586	£-400	£-57	£294	£-1,509
Profit After Tax	£-760	£-586	£-400	£-57	£294	£-1,509
Change In Property Value	£4	£8,500	£15,173	£20,190	£14,066	£57,933
Net Return	£-755	£7,914	£14,773	£20,133	£14,360	£56,424
Return From Rental Income (%)	-1%	0%	0%	0%	0%	-1%
Total Net Return (%)	-1%	6%	11%	15%	10%	41%