	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,536	£16,784	£17,036	£17,462	£17,898	£85,716
Total Expenses	£17,650	£17,725	£17,791	£17,875	£17,961	£89,002
Profit Before Tax	£-1,114	£-940	£-755	£-413	£-63	£-3,286
Profit After Tax	£-1,114	£-940	£-755	£-413	£-63	£-3,286
Change In Property Value	£4	£8,700	£15,530	£20,666	£14,397	£59,297
Net Return	£-1,109	£7,760	£14,775	£20,252	£14,334	£56,011
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-2%
Total Net Return (%)	-1%	6%	10%	14%	10%	40%