	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,656	£13,861	£14,069	£14,420	£14,781	£70,787
Total Expenses	£14,627	£14,697	£14,759	£14,836	£14,915	£73,834
Profit Before Tax	£-971	£-836	£-690	£-416	£-134	£-3,047
Profit After Tax	£-971	£-836	£-690	£-416	£-134	£-3,047
Change In Property Value	£4	£7,000	£12,495	£16,627	£11,584	£47,710
Net Return	£-967	£6,164	£11,805	£16,212	£11,450	£44,663
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	-1%	6%	11%	15%	10%	40%