	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,480	£15,712	£16,105	£16,508	£17,003	£80,808
Total Expenses	£16,331	£16,366	£16,416	£16,467	£16,527	£82,107
Profit Before Tax	£-851	£-654	£-311	£41	£476	£-1,299
Profit After Tax	£-851	£-654	£-311	£41	£476	£-1,299
Change In Property Value	£3,600	£3,636	£11,017	£15,130	£17,702	£51,085
Net Return	£2,749	£2,982	£10,706	£15,171	£18,178	£49,787
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-1%
Total Net Return (%)	2%	3%	9%	13%	16%	43%