	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,012	£15,237	£15,466	£15,852	£16,249	£77,816
Total Expenses	£15,889	£15,961	£16,025	£16,105	£16,188	£80,168
Profit Before Tax	£-877	£-724	£-559	£-253	£61	£-2,352
Profit After Tax	£-877	£-724	£-559	£-253	£61	£-2,352
Change In Property Value	£4	£7,700	£13,745	£18,290	£12,742	£52,481
Net Return	£-873	£6,976	£13,185	£18,037	£12,803	£50,129
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	-1%	6%	11%	15%	10%	41%