	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,156	£12,338	£12,523	£12,837	£13,157	£63,012
Total Expenses	£13,512	£13,580	£13,639	£13,712	£13,787	£68,230
Profit Before Tax	£-1,356	£-1,241	£-1,116	£-876	£-630	£-5,219
Profit After Tax	£-1,356	£-1,241	£-1,116	£-876	£-630	£-5,219
Change In Property Value	£3	£6,400	£11,424	£15,202	£10,591	£43,620
Net Return	£-1,352	£5,159	£10,308	£14,326	£9,961	£38,402
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-5%
Total Net Return (%)	-1%	5%	10%	14%	10%	38%