	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,672	£12,862	£13,055	£13,381	£13,716	£65,686
Total Expenses	£13,724	£13,793	£13,853	£13,928	£14,004	£69,302
Profit Before Tax	£-1,052	£-931	£-798	£-546	£-288	£-3,616
Profit After Tax	£-1,052	£-931	£-798	£-546	£-288	£-3,616
Change In Property Value	£3	£6,500	£11,603	£15,440	£10,756	£44,302
Net Return	£-1,049	£5,569	£10,804	£14,893	£10,468	£40,686
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	-1%	5%	11%	15%	10%	40%