	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,512	£13,715	£13,920	£14,268	£14,625	£70,041
Total Expenses	£14,500	£14,570	£14,632	£14,708	£14,787	£73,197
Profit Before Tax	£-988	£-855	£-711	£-440	£-162	£-3,156
Profit After Tax	£-988	£-855	£-711	£-440	£-162	£-3,156
Change In Property Value	£3	£6,930	£12,370	£16,461	£11,468	£47,233
Net Return	£-984	£6,075	£11,659	£16,021	£11,306	£44,077
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	-1%	6%	11%	15%	10%	40%