	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,996	£13,191	£13,389	£13,724	£14,067	£67,366
Total Expenses	£13,756	£13,826	£13,887	£13,962	£14,039	£69,470
Profit Before Tax	£-760	£-635	£-498	£-239	£28	£-2,104
Profit After Tax	£-760	£-635	£-498	£-239	£28	£-2,104
Change In Property Value	£3	£6,500	£11,603	£15,440	£10,756	£44,302
Net Return	£-757	£5,865	£11,105	£15,201	£10,784	£42,198
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	-1%	6%	11%	15%	11%	41%