	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,640	£27,040	£27,445	£28,131	£28,835	£138,091
Total Expenses	£28,474	£28,563	£28,645	£28,755	£28,868	£143,306
Profit Before Tax	£-1,834	£-1,524	£-1,200	£-624	£-34	£-5,215
Profit After Tax	£-1,834	£-1,524	£-1,200	£-624	£-34	£-5,215
Change In Property Value	£7	£14,800	£26,418	£35,155	£24,491	£100,872
Net Return	£-1,826	£13,276	£25,218	£34,531	£24,458	£95,657
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	-1%	5%	10%	14%	10%	39%