	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,780	£16,017	£16,257	£16,663	£17,080	£81,797
Total Expenses	£16,594	£16,668	£16,733	£16,816	£16,900	£83,711
Profit Before Tax	£-814	£-651	£-476	£-152	£180	£-1,914
Profit After Tax	£-814	£-651	£-476	£-152	£180	£-1,914
Change In Property Value	£4	£8,091	£14,443	£19,219	£13,389	£55,146
Net Return	£-810	£7,440	£13,966	£19,067	£13,569	£53,232
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-1%
Total Net Return (%)	-1%	6%	11%	15%	10%	41%