	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,936	£13,130	£13,327	£13,660	£14,002	£67,055
Total Expenses	£13,702	£13,772	£13,832	£13,907	£13,984	£69,198
Profit Before Tax	£-766	£-642	£-505	£-247	£17	£-2,143
Profit After Tax	£-766	£-642	£-505	£-247	£17	£-2,143
Change In Property Value	£3,235	£9,802	£13,461	£15,750	£12,801	£55,050
Net Return	£2,469	£9,160	£12,956	£15,503	£12,819	£52,907
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	2%	9%	13%	15%	13%	52%