	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,528	£15,761	£15,997	£16,397	£16,807	£80,491
Total Expenses	£16,358	£16,432	£16,496	£16,578	£16,662	£82,527
Profit Before Tax	£-830	£-671	£-499	£-181	£145	£-2,036
Profit After Tax	£-830	£-671	£-499	£-181	£145	£-2,036
Change In Property Value	£4	£7,960	£14,209	£18,908	£13,172	£54,253
Net Return	£-826	£7,289	£13,710	£18,727	£13,318	£52,217
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	-1%	6%	11%	15%	10%	41%