	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,576	£15,810	£16,047	£16,448	£16,859	£80,740
Total Expenses	£16,749	£16,823	£16,887	£16,969	£17,053	£84,482
Profit Before Tax	£-1,173	£-1,013	£-841	£-521	£-194	£-3,742
Profit After Tax	£-1,173	£-1,013	£-841	£-521	£-194	£-3,742
Change In Property Value	£4	£8,200	£14,637	£19,478	£13,570	£55,889
Net Return	£-1,169	£7,187	£13,797	£18,956	£13,376	£52,146
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	-1%	5%	10%	14%	10%	40%