	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,004	£14,214	£14,427	£14,788	£15,158	£72,591
Total Expenses	£14,662	£14,733	£14,795	£14,873	£14,952	£74,015
Profit Before Tax	£-658	£-519	£-368	£-85	£205	£-1,424
Profit After Tax	£-658	£-519	£-368	£-85	£205	£-1,424
Change In Property Value	£4	£7,000	£12,495	£16,627	£11,584	£47,710
Net Return	£-654	£6,481	£12,127	£16,543	£11,789	£46,286
Return From Rental Income (%)	-1%	0%	0%	0%	0%	-1%
Total Net Return (%)	-1%	6%	11%	15%	11%	42%